Latest News

Julie Franklin joins LISC Upstate SC program as executive director

The Local Initiatives Support Corporation (LISC) has opened its 36th metro office in Upstate South Carolina, bringing in Julie Franklin as executive director of the LISC Upstate SC program.

NLRB finds unit at Boeing plant not appropriate for union election

The National Labor Relations Board (NLRB) has reached its decision on "The Boeing Company and International Association of Machinists and Aerospace Workers" (10-RC-215878; 368 NLRB No. 67) case wherein the petitioned-for unit at Boeing’s South Carolina plant that was limited to only two job classifications within an aircraft production line was not an appropriate unit for purposes of conducting a union election.

Oconee Federal S & LA in Seneca receives satisfactory rating from feds

Oconee Federal S & LA in Seneca, South Carolina received a CRA rating of satisfactory in its most recent examination by federal regulators.

Income taxes make up 22.7% of total state, local levies in South Carolina, study finds

State income tax revenues in South Carolina represent 22.7 percent of its total state and local levies, according to a new study by the Tax Foundation.

Professional and commercial equipment and supplies wholesalers report 2 percent increase in May inventories

Inventories held by professional and commercial equipment and supplies wholesalers in May were valued at $54.6 billion, an increase of 2 percent from the revised April 2019 level, according to the U.S. Census Bureau.

Lumber and other construction materials wholesalers report 0.8 percent decrease in May inventories

Inventories held by lumber and other construction materials wholesalers in May were valued at $19.1 billion, a decrease of 0.8 percent from the revised April 2019 level, according to the U.S. Census Bureau.

U.S. natural gas distribution services report $26.9 billion in revenue for Q1 2019

Revenue for natural gas distribution services across the U.S. was $26.9 billion for the 1st quarter of 2019.

Farm product raw materials wholesalers report 7.3 percent decrease in year-over-year May inventories

Inventories held by farm product raw materials wholesalers in May were valued at $25.1 billion, a decrease of 7.3 percent from the same period a year earlier.

Florence County ranked 16th in state for resident earnings in 2017

Florence County ranked 16th among counties in South Carolina by annual earnings per resident, according to data obtained from the U.S. Census Bureau in August.

U.S. motion picture and sound recording industry services report 1.6% decrease in revenue from Q4 2018 to Q1 2019

Revenue for motion picture and sound recording industries across the U.S. was $27.2 billion for the 1st quarter of 2019, a 1.6 percent decrease from the previous quarter.

Inventories in consumer durable goods industry climb 0.9 percent in April

Inventories for businesses in the consumer durable goods industry increase $284 million, or 0.9 percent, to $31.5 billion in April, according to the U.S. Census Bureau.

Inventories in consumer goods industry climb 0.2 percent in April

Inventories for businesses in the consumer goods industry increase $315 million, or 0.2 percent, to $204 billion in April, according to the U.S. Census Bureau.

Motion picture and sound recording industries' Q1 income down 97.9%

The motion picture and sound recording industries' after-tax income in the first quarter of 2019 was down 97.9 percent over the same period last year, according to the U.S. Census Bureau.

Dentsville ranked 121st in state for resident earnings in 2017

Dentsville ranked 121st among cities in South Carolina by annual earnings per resident, according to data obtained from the U.S. Census Bureau in August.

St. Andrews ranked 119th in state for resident earnings in 2017

St. Andrews ranked 119th among cities in South Carolina by annual earnings per resident, according to data obtained from the U.S. Census Bureau in August.

Murrells Inlet ranked 120th in state for resident earnings in 2017

Murrells Inlet ranked 120th among cities in South Carolina by annual earnings per resident, according to data obtained from the U.S. Census Bureau in August.

South Carolina scores 67.6 out of 100 in litigation climate survey

South Carolina earned a score of 67.6 out of 100 in a new ranking of state litigation climates released Wednesday by the U.S. Chamber Institute for Legal Reform.

Two banks in Walterboro rated as "satisfactory" by feds

A total of two banks in Walterboro, South Carolina have been rated as "satisfactory" by federal regulators.

Mutual Savings Bank in Hartsville receives satisfactory rating from feds

Mutual Savings Bank in Hartsville, South Carolina received a CRA rating of satisfactory in its most recent examination by federal regulators.

Shipments of chemical products climb 1 percent in June

Shipments for chemical products increased $652 million, or 1 percent, to $67.3 billion in June, according to a U.S. Census Bureau report, which was released in August.

Metro Business Network