Overview
What does this measure?
- Income: Median income of households and per capita income and the relative change between household incomes across a time period.
- Unemployment: Unemployment rates of the civilian labor force for people 16 years of age and older.
- Underemployment: and a share of underemployment by industrial sectors where workers' jobs don't use all their skills, education, or availability to work.
- Employment and Wage: Establishments, employment, and wages by ownership. The employment data are organized according to the North American Industrial Classification System (NAICS) and reported by place of work.
- Employment and Wage by Industry: Establishments, employment, and wages by industry sectors. The employment data are organized according to the North American Industrial Classification System (NAICS) and reported by place of work.
- Military: Defense spending and number of personnel.
- Tourism: Tourism employment, payroll from employment, and expenditures by visitors.
- Taxable Sales: Net taxable sales or the total of all sale transactions reported after deduction of all expenses.
Economic indicators drive the market and, in many ways, determine future investment in the community. Economic development is imperative to bringing living wage jobs and a higher standard of living to the community.
Data Notes
The data and analysis that are featured on “Economy” use first-party data where possible in order to minimize potential variations between data points, and to offer more reliable comparison across counties. The data sources are from U.S. Census Bureau, S.C. Power Team, Bureau of Labor Statistics, U.S. Department of Defense, S.C. Department of Parks, Recreation, and Tourism (SCPRT), and S.C. Department of Revenue, Annual Reports (SCDOR).
Complete definitions for terms and data sources that are used for Economy can be found in Glossary of Terms and Data Sources pages.
