Page 8 - PowerPoint Presentation
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CHARLESTON MARKET STATISTICS
• The Charleston region is comprised of three counties covering 3,100 square miles
• Current population of 775,000
• Top 75 largest metro area
• Adding 48 new residents each day
• Growing at three times the US population
• Job growth is expected to accelerate based in large part by new facilities by
Boeing, Mercedes, Google, Volvo and several others
• Forecasted 10,000 new jobs in 2017 and 11,000 in 2018
• One of out every four jobs created in SC was created in the Charleston region
• Current unemployment rate is less than 3.5%
• Charleston Harbor will soon be the deepest port in the Eastern US, generating
additional growth from Post Panamax ships
• Retail sales grew 13% IN 2016
• Forecasted to increase well above inflation and nation average in 2017 and 2018
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