SCPA delivers $63.4 billion annually to state's economy

Inland Port Greer opened in 2013 and continues to see record growth year-over-year, handling 143,204 rail moves in fiscal year 2019.   Photo courtesy of S.C. Ports Authority

South Carolina Ports Authority has a $33 billion annual economic impact in the Upstate and provides 117,000 job opportunities in the region, according to a study conducted by University of South Carolina research economist Joey Von Nessen. 

The study reveals that 52 percent of the statewide economic impact associated with S.C. Ports is robust within the Upstate, and that SCPA produces an estimated 225,000 jobs statewide.

“S.C. Ports Authority has further established itself as one of our state’s premier economic drivers, creating 1 in 10 jobs and a $63.4 billion annual economic impact on South Carolina,” Gov. Henry McMaster said in a press release.

Von Nessen's research also indicates that S.C. Ports Authority substantiates businesses in South Carolina, lifting the state's economy even higher.

“SCPA supports businesses and manufacturers as they invest in South Carolina,” Von Nessen said in the release. “This ultimately leads to new jobs and higher wages, as well as disposable income being spent in communities and the recruitment of suppliers — all of which propels South Carolina’s economy forward.”

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