The BEA released the first quarter estimates for South Carolina personal income levels today. As you can see from the graph below, this is the slowest year/year growth we've seen since q110. Though it's certainly not a promising start for the year, it's also not entirely unexpected. Much of this slowdown is the result of the 2% payroll tax increase that went into effect on January 1st.
Friday, June 28, 2013
Monday, June 17, 2013
South Carolina Higher Education Trends
The Lumina Foundation released a report last week claiming that the national pace of college attainment is not enough to meet future workforce needs. According to this new report, South Carolina experienced a minor decline over the last year (of 0.6 percentage points) in the number of working-age adults (25-64 years old) who hold a two- or four-year degree.
National Builder Confidence on the Rise
As you can see here, a majority of home builders report being optimistic about sales activity for the first time in seven years.
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