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Economy

News about the broader economy


State requests input on Opportunity Zone designations

State requests input on Opportunity Zone designations

The SC Commerce Department seeks input on eligible census tracts to be designated Opportunity Zones, according to statement Wednesday.

Economic Development

+1

Economist: After rocky 2025, soybean outlook strong, but clouded by tariffs

Economist: After rocky 2025, soybean outlook strong, but clouded by tariffs

Last year, SC soybean farmers had been dealt a one-two punch in the form of the closure of the only soybean processing plant in the state and China’s boycott of US agriculture.

Transportation and logistics

+2

Forecast: US vehicle sales steady despite global uncertainty

Forecast: US vehicle sales steady despite global uncertainty

Cox Automotive sees US new-vehicles sales for Q1 unchanged year over year in its automotive forecast released Wednesday.

Economy

SC exports hit 7-year high in 2025, lead US in vehicles, tires

SC exports hit 7-year high in 2025, lead US in vehicles, tires

SC export sales reached $38.5 billion in 2025 according to a joint statement from the SC Commerce Department, SC Ports Authority and Gov. Henry McMaster on Monday. That figure represents a 1.5% increase for the year and is the greatest it’s been in seven years, according to a US Commerce Department report.

Manufacturing

+1

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