Learn about the economy of South Carolina and its various features, including gross state products, major industries, and general features.
There was a shift in the economy of South Carolina after the second World War. It used to be one of the richest area in the country, dependent on foreign trade and agriculture.
Today, manufacturing industries contribute significantly to the economy of the state. It has a huge textile and clothing industry. In 2007, the gross state product was $153 billion, while its per capita value was $28,894.
During the late 20th century, manufacturing became an important sector in the economy. Approximately 1/4th of the population works in manufacturing industries. Major agricultural outputs include: tobacco, poultry, cattle, dairy products, soybeans, hogs, and rice. Major industrial outputs include: textile goods, chemical products, paper products, machinery, automobiles, and tourism. The unemployment rate of the state is 10.9%.
| Gross state product |
$ 153 billion |
| Per capita income |
$ 28,894 |
| Unemployment rate |
10.9% |
| Major industries |
Manufacturing industries, agriculture and textile |
| Major sectors |
Agriculture, manufacturing, banking |
