ECONOMY OF SOUTH CAROLINA

According to the U.S. Bureau of Economic Analysis, South Carolina's gross state product in current dollars was $97 billion in 1997, and $153 billion in 2007. Its per-capita real gross domestic product (GDP) in chained 2000 dollars was $26,772 in 1997, and $29,894 in 2009; that represents 85% of the $31,619 per-capita real GDP for the United States overall in 1997, and 76% of the $38,020 for the U.S. in 2007. Major agricultural outputs of the state are: tobacco, poultry, cattle, dairy products, soybeans, and hogs. Industrial outputs include: textile goods, chemical products, paper products, machinery, automobiles and automotive products and tourism. The state was especially hard hit by the 2008 economic crisis. Its unemployment rate, at 11.5%, is the fifth highest in the country.

Luciano Mende

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