South Carolina State Profile

South Carolina home sales boosted in September 2009 by tax credit and price breaks; number of foreclosures up in Q3 2009; business unemployment tax rates increase proposed to refill benefits fund and repay federal loans.

• State job growth fell 4.1% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 11.5% in August 2009; the national average was 9.7%
• Personal income fell 1.9% to $145 billion in Q2 2009 from a year ago.
• Tax revenue fell 20.8% in Q2 2009 from the previous year.
• Exports fell 23.9% to $8.7 billion in the first seven months of 2009 from a year ago.