Economic Impact – SC Ports Authority

Economic Impact

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SCPA is an economic driver and key competitive advantage for South Carolina. The Port is responsible for 1 in 11 jobs statewide, and port-supported jobs pay nearly 40 percent higher than the state’s average annual wage.

A 2015 study by the University of South Carolina’s Darla Moore School of Business concluded that the Port’s statewide impacts include:

  • $53 billion in annual economic activity
  • 187,600 jobs
  • $10.2 billion in labor income
  • 10 percent of total annual gross state product
  • $912 million in tax revenue

Scroll over the map to see the Port’s impacts by region.

Statewide Impact by the Numbers

  • $53 billion in annual economic activity
  • 187,600 jobs
  • $10.2 billion in labor income
  • 10 percent of total annual gross state product
  • $912 million in tax revenue

Pee Dee Region

$6.3 billion economic impact

  • $6.3 billion in economic impact
  • 22,400 jobs, or 1 in 14 jobs in the region
  • $1.2 billion in labor income
  • 12% of the Port’s total statewide economic impact

In the Pee Dee region alone, the Port’s impact translates into nearly 23,000 high-wage jobs. The Port is helping to expand the local manufacturing base into a sizeable industry footprint, which will generate higher and more stable rates of economic growth in the region in the long run.

Joseph C. Von Nelson, Ph.D., Research Economist
University of South Carolina

Lowcountry Region

$6.3 billion economic impact

  • $6.3 billion economic impact
  • 23,000 jobs, or 1 in 20 jobs in the region
  • $1.2 billion in labor income
  • 11.9% of the Port’s total statewide economic impact

Facilitating the ongoing development of export-oriented industry clusters.

Joseph C. Von Nelson, Ph.D., Research Economist
University of South Carolina

Midlands Region

$13.6 billion economic impact

  • $13.6 billion economic impact
  • 48,000 jobs, or 1 in 12 jobs in the region
  • $2.6 billion in labor income
  • 25.6% of the Port’s total statewide economic impact

The Port has the ability to facilitate the ongoing development of export-oriented industry clusters, particularly in advanced manufacturing. This is helping to expand the local manufacturing bas – which already represents 8.2 percent of the Midlands economy – into a sizeable industry footprint

Joseph C. Von Nelson, Ph.D., Research Economist
University of South Carolina

Upstate Region

$26.8 billion economic impact

  • $26.8 billion economic impact
  • 94,500 total jobs, or 1 in 8 jobs in the region
  • $5.2 billion in labor income
  • 50.5% of the Port’s total statewide economic impact

The automotive cluster expansion has been the main driver of economic growth in the Upstate since the Great Recession, and this expansion simply would not have happened without access to port facilities.

Joseph C. Von Nelson, Ph.D., Research Economist
University of South Carolina