Mar
29

Economic Recovery Expected For Charleston Region by Late 2009

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– scbiznews.com

Economic activity in the Charleston region will remain flat for most of 2009, with recovery beginning late in the year and continuing in 2010, according to an annual forecast presented Thursday.

“The outlook is for a gradual increase, not the rapid increase experienced in the recovery cycles of past recessions,” said the report from the Charleston Metro Chamber of Commerce’s Center for Business Research.

Declining activity at the Port of Charleston is likely to cloud the region’s and state’s economy in the coming year, the forecast said.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://charlestonbusiness.com/news/27016-economic-recovery-expected-for-charleston-region-by-late-2009
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