Economic Outlook

Payroll employment in South Carolina declined by 5,100 jobs (0.2 percent) during February, according to the Federal Reserve Bank of Richmond. The unemployment rate was 5.0 percent, increasing slightly by 0.1 percentage...

South Carolina’s economy entered a softer patch in late 2025 as the state shed jobs across several sectors, according to a new TD Economics Report.  TD’s state economic forecast said the impact appeared more pronounced in trade-exposed...

Hartsville, South Carolina-based Sonoco Products Company (NYSE: SON), a global leader in sustainable metal and paper packaging, hosted an Investor Day Feb. 17, 2026, to provide investors with an update on its value creation strategy, financial...

Tailgating football fans grill up big gains for local economies, according to a report by the Bank of America Institute’s David Tinsley and Taylor Bowley. Key takeaways from their report:   As the Seattle Seahawks line up against the New...

The Consumer Price Index (CPI) increased 0.3 percent in December. The index for shelter rose 0.4 percent in December and was the primary driver of the overall monthly increase. CPI has increased 2.7 percent year over year (before seasonal...

As presaged by the better-than-expected GDP report, nonfarm labor productivity expanded at a robust 4.9 percent annualized pace in the third quarter as output growth far exceeded the rise in hours worked, according to Wells Fargo economists Sarah...

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