Jun
03

S.C. Gross Domestic Product Posts Surprising Growth

By

– The State

South Carolina’s economy grew in 2008 in spite of the recession, but economists said the state will continue to face challenges during the next year.

The state’s gross domestic product increased 0.6 percent last year to $127 billion, the U.S. Bureau of Economic Analysis reported. That was on par with the national average of 0.7 percent, said Clifford Woodruff, a BEA economist.

Economists who pay attention to South Carolina said the results were unexpected.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.thestate.com/747/story/811822.html

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    Categories : South Carolina News

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