Business & Economy

USC's Economists Release 2017 Economic Forecast

By A. Crouch

money

The University of South Carolina’s economists at The Darla Moore School of Business unveiled their 2017 economic forecast and they expect gains for the state this upcoming year. The state continues to add more jobs and expects incomes to rise for S.C. families. Job growth is expected to be at 2.6% and the unemployment rate should drop from 4.7% to 4.5% in the next year.

Joey Von Nessen, a researcher, said “South Carolina’s economy is growing at a healthy pace, and we expect the state to continue to build on this momentum in 2017.”

Riverwalk Development Brings Economic Growth to Rock Hill

By K. Cannon

Photo of competitors at the UCI BMX World Cup Event held in Rock Hill, SC.

Based on the sight of the Celanese Acetate Filament Plant, Riverwalk is a community in Rock Hill, South Carolina. It features housing, dining, shopping and athletic opportunities. The plant is a major part of Rock Hill’s history and economy, employing as many as 2,300 people from the 1940s until it closed in 2005. In 2008, the Assured Group bought the land and initiated a cleanup operation. Shortly after, The Assured Group and The City of Rock Hill joined forces.

Darla Moore

Photograph of Darla Moore

Darla Moore was born and raised near Lake City, South Carolina, growing up on the family cotton, soybean and tobacco farm.  After graduating from Lake City High School, she attended the University of South Carolina to study political science, later working for the Republican National Committee in Washington.  In 1982, Moore gained her MBA from George Washington University and moved to New York City where she became become one of the most successful and highest paid women in the banking industry.  She was the first woman featured on the cover of Fortune Magazine, and was listed as one of For

Homegrown Cooking Sauces Dip into Local Markets

By K. Park

savvy foods bottles with steak, shrimp and barbecue sandwich

“I taught myself from a lot of trial and error and watching a lot of Food Network. I like to say, you really can learn something from television.”

Savvy Foods cooking sauces President and Chef Will Lacey is by no means a traditional chef de cuisine, and he wouldn’t hesitate to tell you that.

Working as a bartender for Five Point’s Bar None, Lacey spent his nights off testing out ideas from local service industry veterans who frequent the saloon.

SC's Aerospace Industry Continues to Rise

By A. Crouch

airplane

A new study was released this week at S.C.’s Aerospace Conference and Expo that showed the industry continues to grow and has a $19 billion impact on the state. The South Carolina Council on Competiveness released an economic impact study that shows a $2 billion increase in the aerospace industry since 2014.

VIDEO | Cupcakes for a Cure Brings Sweetness to Lexington

By A. Esselman

A cupcake made by Cupcakes for a Cure

It is not often that you will see a fully functional business run by three 6th-graders. But that's exactly what Charlie, Katelyn, and Mattie are doing.

These three eleven-year-olds won't let their age stop them from running a thriving cupcake business. Check out how Charlie, Katelyn, and Mattie are changing the world one cupcake at a time.

City Roots: Columbia's In-Town Farm

By T. Safdi

Plants in the greenhouse at City Roots

City Roots is an in-town sustainable 2.75 acre farm in the city of Columbia. This urban farm not only grows fresh, organic food for the community but it's also grown roots in the hearts of the people they serve.

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