Bullish construction activity, new jobs and higher wages are expected to grow the Charleston region’s economy in 2014, mirroring – and even surpassing – projections for South Carolina as a whole.
That was the message given in the University of South Carolina’s annual economic outlook report, which was given Monday during the school’s 33rd annual Economic Outlook Conference in Columbia.
usiness school economists Douglas Woodward and Joseph Von Nessen are predicting job growth – the single best economic indicator – to increase by 1.7 percent in the Palmetto State during 2014. The two made the prediction barring major changes in the U.S. Federal Reserve’s massive economic stimulus program.