SC Ports Authority means $26.7B for the Upstate

More than half of the S.C. Ports Authority’s 2014 economic impact is concentrated in the Upstate, clocking in at $26.7 billion in economic output, 95,000 jobs and $5.2 billion in labor income, according to a study by the University of South Carolina’s Moore School of Business.

The figures imply that one in eight Upstate jobs can be attributed to the ports authority, along with $461 million in annual tax revenue from Upstate activity alone, according to the study. Comparatively, the S.C. Ports Authority generates a $6.3 billion economic impact in the Lowcountry and 23,000 jobs, or 11.9 percent of the authority’s total statewide impact.

Shipping News

$26.7 billion

Upstate impact of S.C. Ports Authority in 2014

95,000

Upstate Jobs created

$5.2 billion

Upstate labor income

$461 million

annual tax revenue from Upstate jobs

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