2010 columbia market facts

Dear Reader,Welcome to the inaugural edition of the Columbia Regional Business Report’s Market Facts. When we

came up with the idea of publishing Market Facts, we envisioned it as a tool for our readers to use when composing new business plans or updating existing ones. It was born at our Charleston publication out of our need to gather facts and data to support our own expansion. When we found out what a pain it was to find everything we needed, we had an epiphany: “Gee, somebody ought to publish this stuff!”

Our vision is to grow this publication in the coming years and make it the sister publication to our annual Book of Lists. The combination of the listings of the largest companies in most of the major busi-ness categories in the Book of Lists with the statistics and other data presented in Market Facts in chart, graph and table format gives you a pretty good grasp on the region’s business community.

I extend my best wishes to you in the year to come and hope Market Facts aids you in improving the performance of your business planning. I also want to recognize all of our advertisers for enabling us to provide this and other valuable resources for the region’s business decision-makers. And finally, I ask you to join me in giving our research department a big “high-five” for doing all this painstaking work so you and I don’t have to!

Sincerely,Bob BouyeaPublisher, Columbia Regional Business Report

Real Estate/Construction ................................ 10

Education ....................................................... 12

Demographics ................................................ 14

Employment & Economic Development .......... 16

Financial Services .......................................... 19

Contents

MARKET FACTS

Real estate/ConstRuCtion eduCation demogRaphiCs employment & eConomiC development FinanCial seRviCes

http://www.columbiabusinessreport.com

FinanCial seRviCesReal estate/ConstRuCtion demogRaphiCseduCation employment &

eConomiC development FinanCial seRviCes10 MARKET FACTS 2010

Construction Cost ComparisonWilmington, N.C. ....................................77.2Columbia ......................................... 79.6Raleigh, N.C. ..........................................80.0Charlotte .................................................80.0Austin, Texas ..........................................80.8Charleston ..............................................83.2Savannah ...............................................83.3Jacksonville, Fla. ...................................83.8Nashville, Tenn. .....................................88.0Richmond, Va. .......................................88.4Birmingham, Ala. ...................................88.5Norfolk, Va. ............................................88.7New Orleans ...........................................88.9Phoenix ..................................................89.0Atlanta ....................................................90.2Miami .....................................................90.3Pittsburgh ...............................................97.6Washington, D.C. ....................................99.7Index Average ....................................100.0Providence, R.I. ....................................103.2Hartford, Conn. ....................................107.9Bridgeport, Conn. .................................108.0New Haven, Conn. ...............................108.2Los Angeles ..........................................108.3Newark, N.J. ........................................109.5Philadelphia ..........................................113.2Chicago ................................................114.9Boston ..................................................115.4New York ..............................................130.7

Source: Center for Business Research, Charleston Metro Chamber of Commerce

Real estate/Construction

Housing Units Authorized by Building Permits’09 ’08 ’07 ’06 ’05 ’04

Atlanta-Sandy Springs-Marietta, Ga. 6,553 19,294 44,770 68,266 72,861 74,007

Charleston-North Charleston 2,949 5,172 6,780 9,073 10818 8,306

Charlotte-Gastonia-Concord, N.C. 7,091 12,236 21,190 25,161 20,027 21,551

Columbia 3,498 4,348 6,865 8,117 7,430 7,249Jacksonville, Fla. 4,666 6,963 10,928 16,967 25,088 19,326

Knoxville, Tenn. 1,927 2,856 4,849 6,453 5,757 5,965

Orlando-Kissimmee, Fla. 4,487 10,233 18,638 30,984 36,137 33,992

Raleigh-Cary, N.C. 4,894 11,397 16,614 17,712 14,614 14,404

Source: Grubb & Ellis Wilson Kibler

Retail Market Overview – Q1 2010

inventory sF vacant sF vacancy Rate occupied sF total availableWeighted

average RateCayce-West Columbia 1,801,514 292,543 16.20% 1,508,971 292,543 $10.51

Downtown 590,336 66,381 11.20% 523,955 95,730 $11.41

Dutch Fork/Irmo 3,548,574 370,334 10.40% 3,088,552 367,684 $15.82

Forest Acres 2,135,632 493,728 23.10% 1,641,904 493,728 $16.88

Lexington 1,860,833 111,839 6.00% 1,748,994 111,839 $13.98

North Columbia 240,734 55,548 23.10% 185,186 29,748 $8.54

Northeast Columbia 5,150,088 1,404,127 27.30% 3,722,875 714,814 $12.31

St. Andrews 2,236,112 297,995 13.30% 1,938,117 298,265 $9.52

Southeast Columbia 1,509,830 134,273 8.90% 1,375,557 145,973 $13.30

Columbia Total 19,073,653 3,226,768 16.90% 15,846,885 2,550,324 $13.36


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FinanCial seRviCes FinanCial seRviCes Real estate/ConstRuCtiondemogRaphiCs eduCationemployment &

eConomiC development MARKET FACTS 2010 11

’02

’02

’02

’02

’04

’04

’04

’04

’06

’06

’06

’06

’08

’08

’08

’08

Q1 ’10

0%

0

0%

$0

200

10%

$5

400

$10

600

20%

800

30%

1,000

5%

10%

15%

industrial year-end vacancy Rates

sF under Construction

office year-end vacancy Rates

asking Rental Rates

General Industrial

Central Business District

Class “A”

R&D/Flex

Suburban

Class “B”

Warehouse/Distribution

Combined

’02 ’04 ’06 ’08

$10

$12

$14

$16

$18

$20

office asking Rental Rates

Industrial Market Overview – Q1 2010total sF vacant sF vacancy Rate average Rate

Cayce-West Columbia Total 1,920,245 184,017 9.60% $7.41

General Industrial 1,739,328 67,350 3.90% $6.76

R&D/Flex 100,500 56,250 56.00% $11.85

Warehouse/Distribution 80,417 60,417 75.10% $4.22

downtown Total 4,355,940 404,482 9.30% $3.90


R&D/Flex 10,290 10,290 100.00% $5.42


lexingtonTotal 1,934,010 84,500 4.40% $4.90

General Industrial 1,384,510 0 0.00% N/A

R&D/Flex N/A N/A N/A N/A


north Total 6,271,579 1,275,266 20.30% $4.18


R&D/Flex 268,801 74,382 27.70% $9.58

Warehouse/Distribution 2,920,018 418,184 14.30% $3.68

northeast Total 7,311,107 692,914 9.50% $4.46


R&D/Flex 54,208 14,400 26.60% $9.50


northwest Total 3,645,187 201,873 8.60% $6.60


R&D/Flex 110,092 92,010 16.90% $9.01


outside metro areaTotal 2,596,329 511,952 19.70% $3.34

General Industrial 1,484,805 147,181 9.90% N/A

R&D/Flex N/A N/A N/A N/A


southeast Total 6,978,956 1,728,973 24.80% $4.15


R&D/Flex 147,504 51,640 35.00% $5.02


southwest Total 4,779,564 608,062 12.70% $5.06


R&D/Flex 64,650 13,150 20.30% N/A


Columbia Total 39,792,917 5,802,699 14.60% $4.43

General Industrial 26,262,725 3,084,494 11.70% $4.39

R&D/Flex 756,045 238,762 31.60% $8.85

Warehouse/Distribution 12,774,147 2,479,443 19.40% $4.11

N/A – Not availableSource: Grubb & Ellis Wilson Kibler


Q1 ’10

Q1 ’10

Q1 ’10

Q1 ’10



education

College admissions test (sat) Richland 1 Richland 2 lexington 1 lexington 2 lexington 3 lexington 4 lexington/Richland 5

Critical Reading

2008 452 494 512 494 458 461 510

2009 463 497 507 481 433 453 503

mathematics2008 460 503 535 501 492 463 531

2009 472 508 527 503 472 476 528

Writing2008 442 477 496 475 441 450 496

2009 448 477 489 459 431 446 488

total2008 1,353 1,474 1,543 1,470 1,391 1,374 1,537

2009 1,383 1,482 1,523 1,444 1,336 1,375 1,519

College admissions test (aCt) Source: S.C. Education Oversight Committee

Richland 1 Richland 2 lexington 1 lexington 2 lexington 3 lexington 4 lexington/Richland 5english2008 16.4 19 21.5 18.3 17.7 17.5 21.4

2009 17.5 19.6 21.4 17.5 17.6 17.3 20.9

mathematics2008 18.2 20.4 22.5 19.4 20.3 18.7 22.6

2009 18.6 20.6 22.1 18.6 20.2 19.1 22.5

Reading2008 17.5 20 21.9 19.6 19.2 18.3 22.3

2009 18.2 20.4 21.8 18.4 18.4 18.4 21.7

science2008 17.4 19.6 21.8 19.5 18.9 19.5 21.5

2009 18 20.4 21.6 18.8 19.6 19.5 21.6

total2008 17.5 19.9 22 19.3 19.1 18.6 22

2009 18.2 20.4 21.9 18.4 19.1 18.7 21.8

percent of population 25 and older with a high school diploma or higher% diploma or higher % Bachelor’s degree or higher

United States 84.0 27

South Carolina 81.4 22.8

Atlanta-Sandy Springs-Marietta, Ga., Metro Area 86.0 33.5

Charleston-North Charleston Metro Area 86.7 28.6

Charlotte-Gastonia-Concord, N.C.-S.C., Metro Area 85.4 31.2

Columbia Metro Area 85.6 29.4Greenville-Mauldin-Easley Metro Area 80.9 25.6

Myrtle Beach-Conway-North Myrtle Beach Metro Area 85.8 20.6

Orlando-Kissimmee, Fla., Metro Area 86.4 27.4

Savannah Metro Area 85.6 26.2

Source: U.S. Census Bureau, 2005-2007 American Community Survey

tuition Costs for Columbia Regional Colleges and universities (Full-time undergraduate students)

institution in-stateout-of-state

Room & Board

publicUniversity of South Carolina – Sumter 5,136 12,912 N/A

University of South Carolina – Columbia 8,838 22,908 7,218

Midlands Technical College (Richland, Lexington, Fairfield county residents)

3,408 10,224 N/A

privateAllen University 9,884 9,884 5,240

Benedict College 14,570 14,570 6,702

Columbia College 23,030 23,030 6,750

Columbia Interna-tional University 16,270 16,270 6,110

Limestone College 17,300 17,300 6,400

Newberry College 21,500 21,500 8,150

South University 14,210 14,210 8,274

Southern Wesleyan University 18,000 18,000 7,450

Source: S.C. Commission on Higher Education



paCt/pass scores for midlands CountiesRichland 1 Richland 2 lexington 1 lexington 2 lexington 3 lexington 4 lexington/Richland 5

english/language arts# Tested 10,560 11,278 10,138 3,901 905 1,494 7,689

% Not Met 31.5 22.3 18.2 28 37.1 36.9 15.5

% Met 38.7 37.9 36.1 38.1 37.5 36.9 33.6

% Exemplary 29.8 39.8 45.7 33.9 25.4 26.2 50.9

mathematics# Tested 10,561 11,278 10,138 3,901 905 1,494 7,689

% Not Met 39.5 27.1 21.6 30 39 38.9 16.1

% Met 38.6 39.9 42.7 41.4 41.1 44.9 36.9

% Exemplary 21.9 32.9 35.8 28.6 19.8 16.2 47

science# Tested 7,065 7,519 6,767 2,612 612 985 5,118

% Not Met 41.9 26.6 20 32 41.4 35.2 18.7

% Met 43.5 49.9 52.2 50.2 43.5 50.7 51.7

% Exemplary 14.6 23.5 27.8 17.8 15.1 14.1 29.6

social studies# Tested 7,024 7,493 6,758 2,588 613 989 5,125

% Not Met 34.8 20.9 17.6 26.8 29.9 28.3 14

% Met 42.4 43.1 41.8 42.8 47.1 47.6 39.1

% Exemplary 22.8 36 40.5 30.4 23 24.1 46.9

Writing# Tested 10,611 11,240 10,101 3,935 909 1,504 7,669

% Not Met 36.1 24.5 22.7 31.7 39.2 48.8 19.6

% Met 37.5 38.2 38.6 38.2 35.2 36.8 37.8

% Exemplary 26.4 37.3 38.8 30.1 25.6 14.4 42.7

Source: S.C. Education Oversight Committeeat a glance: Columbia Region public schools

Richland 1 Percy A. Mack, superintendent1616 Richland St., Columbia, SC 29201Phone: 803-231-7000www.richlandone.org# of Students .....................................24,333# of Schools .............................................50# of Magnet Schools ..................................0# of Charter Schools ...................................4$ Spent Per Pupil .............................$12,869 Average Administrator Salary ..........$87,511 Average Teacher Salary ...................$50,012 2009 Report Card ..................Below Average Richland 2Stephen Hefner, superintendent6831 Brookfield Road, Columbia, SC 29206Phone: 803-787-1910Fax: 803-738-7393www.richland2.org# of Students .....................................24,510# of Schools .............................................26# of Magnet Schools ..................................8# of Charter Schools ...................................0$ Spent Per Pupil ...............................$9,490 Average Administrator Salary ..........$89,337 Average Teacher Salary ...................$49,373 2009 Report Card ............................ Average lexington 1Karen C. Woodward, superintendent100 Tarrar Springs Road, Lexington, SC 29072Phone: 803-821-1000

Fax: 803-821-1010www.lexington1.net# of Students .....................................21,730# of Schools .............................................26# of Magnet Schools ..................................0# of Charter Schools ...................................0$ Spent Per Pupil ...............................$8,817 Average Administrator Salary ..........$87,691Average Teacher Salary ...................$48,218 2009 Report Card ............................ Average lexington 2Venus J. Holland, superintendent715 Ninth St., West Columbia, SC 29169Phone: 803-796-4708Fax: 803-739-4063www.lex2.k12.sc.us# of Students .......................................8,898# of Schools .............................................16

# of Magnet Schools ..................................0# of Charter Schools ...................................0$ Spent Per Pupil ...............................$9,044 Average Administrator Salary ..........$81,014 Average Teacher Salary ...................$48,079 2009 Report Card ..................Below Average lexington 3J. Chester Floyd, interim superintendent338 W. Columbia Ave.Batesburg-Leesville, SC 29006Phone: 803-532-4423Fax: 803-532-8000www.lex3.groupfusion.net# of Students .......................................2,076# of Schools ...............................................4# of Magnet Schools ..................................0# of Charter Schools ...................................0$ Spent Per Pupil .............................$11,489

Average Administrator Salary ..........$78,468 Average Teacher Salary ...................$49,118 2009 Report Card ..................Below Average lexington 4Linda G. Lavender, superintendent607 E. Fifth St., Swansea, SC 29160Phone: 803-568-1000Fax: 803-568-1020www.lex4.k12.sc.us# of Students .......................................3,476# of Schools ...............................................6# of Magnet Schools ..................................0# of Charter Schools ...................................0$ Spent Per Pupil ...............................$9,279 Average Administrator Salary ..........$86,172 Average Teacher Salary ...................$43,101 2009 Report Card ..............................At-Risk lexington/Richland 5Herbert M. Berg, superintendent1020 Dutch Fork Road, Irmo, SC 29063Phone: 803-476-8000www.lex5.k12.sc.us# of Students .....................................16,604# of Schools .............................................19# of Magnet Schools ..................................0# of Charter Schools ...................................0$ Spent Per Pupil .............................$10,061 Average Administrator Salary ..........$94,048 Average Teacher Salary ...................$51,345 2009 Report Card ............................ Average

Source: S.C. Education Oversight Committee



demogRaphiCs

saluda CountyTotal Area (square miles) .................................452.48

Population (2009) ............................................19,094

Population Growth Rate (2000-2009) .................. -0.5

Total Households (2000) ....................................7,127

Civilian Labor Force (March 2010) .....................9,039

Unemployment Rate (March 2010) .........................10

Median Household Income (2008) .................$40,295

Gross Retail Sales (2002) .......................$65,848,000

County Seat ..................................................... Saluda

Form of Government. .......................................Council

FaiRField CountyTotal Area (square miles) .................................686.59

Population (2009) ............................................23,343



Civilian Labor Force (March 2010) ...................11,106



Gross Retail Sales (2002) .....................$116,561,000

County Seat ................................................Winnsboro

Form of Government. .................Council/Administrator

KeRshaW CountyTotal Area (square miles) ......................................726

Population (2009) ............................................60,042

Population Growth Rate (2000-2009) .....................14

Total Households (2000) ..................................20,188


Unemployment Rate (March 2010) ......................10.7



County Seat ................................................... Camden


lexington CountyTotal Area (square miles) .................................699.25

Population (2009) ..........................................255,607

Population Growth Rate (2000-2009) ..................18.3


Civilian Labor Force (March 2010) .................133,260

Unemployment Rate (March 2010) ...........................9


Gross Retail Sales (2002) ..................$2,291,936,000

County Seat .................................................Lexington


neWBeRRy CountyTotal Area (square miles) .................................630.77

Population (2009) ............................................38,763

Population Growth Rate (2000-2009) ....................7.7






County Seat .................................................Newberry


RiChland CountyTotal Area (square miles) ......................................756

Population (2009) ..........................................372,023

Population Growth Rate (2000-2009) .....................16

Total Households (2000) ................................120,101

Civilian Labor Force (March 2010) .................181,770

Unemployment Rate (March 2010) ........................9.9


Gross Retail Sales (2002) ..................$3,823,458,000

County Seat ................................................. Columbia


Calhoun CountyTotal Area (square miles) ......................................380

Population (2009) ............................................14,621



Civilian Labor Force (March 2010) .....................6,821



Gross Retail Sales (2002) .......................$38,772,000

County Seat ............................................St. Matthews

Form of Government. .......................................Council

sumteR CountyTotal Area (square miles) .................................665.41

Population (2009) ..........................................104,495

Population Growth Rate (2000-2009) ................ -0.10






County Seat .....................................................Sumter


Source: U.S. Census Bureau



income Rank Report by s.C. County Source: Decision Data Resources

household incomeRank name median average per Capita median age total

households1 Beaufort $57,624.00 $73,835.00 $30,346.00 37.40 57,148

2 York $54,577.00 $64,347.00 $25,013.00 36.70 76,028

3 Lexington $53,897.00 $62,405.00 $24,455.00 37.90 92,988

4 Dorchester $52,884.00 $56,445.00 $20,130.00 36.20 41,510

subtotal of high $54,698.00 $64,473.00 $25,085.00 37.10 267,6745 Greenville $50,831.00 $60,865.00 $23,932.00 37.50 159,792

6 Berkeley $48,937.00 $49,701.00 $17,331.00 34.00 52,353

7 Richland $48,790.00 $55,701.00 $22,512.00 34.10 133,662

8 Kershaw $46,702.00 $51,862.00 $20,826.00 38.80 22,311

9 Charleston $46,639.00 $58,334.00 $24,633.00 36.10 138,311

10 Aiken $46,177.00 $52,424.00 $21,326.00 38.70 60,914

11 Spartanburg $45,725.00 $56,757.00 $22,337.00 37.70 103,240

12 Anderson $44,360.00 $52,989.00 $21,012.00 38.60 69,373

subtotal of above-average $47,699.00 $56,391.00 $22,467.00 36.70 739,95613 Horry $44,191.00 $46,505.00 $20,778.00 39.50 104,637

14 Pickens $44,087.00 $48,463.00 $19,776.00 33.80 45,109

15 Oconee $43,935.00 $53,346.00 $22,073.00 40.90 28,836

16 Saluda $43,931.00 $47,393.00 $18,952.00 38.40 7,307

17 Georgetown $43,205.00 $55,645.00 $22,950.00 40.70 24,913

18 Edgefield $42,511.00 $48,361.00 $17,489.00 37.80 8,769

19 Florence $42,259.00 $48,025.00 $17,805.00 36.80 47,707

20 Lancaster $42,043.00 $46,442.00 $19,071.00 38.10 25,063

21 Greenwood $41,747.00 $48,296.00 $18,812.00 36.70 25,840

22 Laurens $41,223.00 $45,247.00 $17,521.00 38.30 26,254

23 Cherokee $41,094.00 $45,528.00 $18,333.00 36.90 21,175

24 Sumter $40,655.00 $48,160.00 $18,385.00 35.30 39,057

25 Newberry $40,091.00 $44,274.00 $17,787.00 38.30 14,538

26 Calhoun $39,836.00 $48,235.00 $20,353.00 41.00 6,320

27 Chester $39,577.00 $42,095.00 $16,916.00 38.60 13,196

28 Abbeville $39,518.00 $41,306.00 $16,991.00 38.80 10,287

29 McCormick $38,795.00 $43,674.00 $17,189.00 44.10 3,864

30 Union $38,293.00 $42,312.00 $18,790.00 41.10 12,175

31 Jasper $37,370.00 $44,454.00 $19,053.00 35.20 7,450

32 Darlington $37,288.00 $42,920.00 $15,549.00 38.10 23,496

subtotal of average $42,140.00 $47,250.00 $19,074.00 37.90 495,99333 Fairfield $36,388.00 $42,740.00 $16,426.00 38.60 9,114

34 Chesterfield $35,430.00 $39,018.00 $15,916.00 38.20 17,223

35 Colleton $35,442.00 $41,983.00 $16,091.00 37.80 15,056

36 Orangeburg $34,856.00 $43,614.00 $17,082.00 35.40 34,694

37 Hampton $34,120.00 $40,590.00 $14,430.00 36.30 7,501

38 Barnwell $34,046.00 $43,644.00 $17,283.00 37.10 9,033

39 Lee $33,098.00 $42,206.00 $15,345.00 36.40 7,047

40 Clarendon $32,940.00 $40,381.00 $15,670.00 37.90 12,265

41 Dillon $31,578.00 $38,431.00 $14,208.00 34.50 11,318

42 Marion $31,362.00 $39,223.00 $15,370.00 36.70 13,471

43 Marlboro $31,348.00 $38,297.00 $15,698.00 37.50 10,486

subtotal of Below-average $33,873.00 $41,187.00 $15,989.00 36.80 147,20844 Bamberg $28,527.00 $35,670.00 $14,751.00 37.40 6,147

45 Williamsburg $28,363.00 $36,462.00 $14,896.00 37.50 13,861

46 Allendale $24,621.00 $33,857.00 $12,677.00 35.50 3,945

subtotal of low $27,762.00 $35,830.00 $14,467.00 37.10 23,953grand total $45,374.00 $53,345.00 $21,204.00 37.10 1,674,784

largest s.C. municipalitiesRank City population

20091 Columbia 119,961

2 Charleston 107,845

3 North Charleston 87,482

4 Rock Hill 61,620

5 Mount Pleasant 59,113

6 Greenville 57,428

7 Summerville 41,575

8 Sumter 39,159

9 Spartanburg 38,561

10 Hilton Head Island 33,838


Racial Composition by CountyKershawWhite ........................................ 72.5%Black ........................................ 25.8%Asian .......................................... 0.5%Other .......................................... 0.3%

sumterWhite ........................................ 49.6%Black ........................................ 47.6%Asian .......................................... 1.1%Other .......................................... 0.4%

CalhounWhite ........................................ 53.2%Black ........................................ 45.7%Asian .......................................... 0.2%Other .......................................... 0.2%

saludaWhite ........................................ 70.8%Black ........................................ 28.1%Asian .......................................... 0.1%Other .......................................... 0.4%

RichlandWhite ........................................ 49.7%Black ........................................ 46.2%Asian .......................................... 2.2%Other .......................................... 0.5%

lexingtonWhite ........................................ 82.3%Black ........................................ 14.8%Asian .......................................... 1.3%Other .......................................... 0.5%

newberryWhite ........................................ 67.7%Black ........................................ 31.5%Asian .......................................... 0.4%Other .......................................... 0.4%

FairfieldWhite ........................................ 42.1%Black ........................................ 56.8%Asian .......................................... 0.3%Other .......................................... 0.2%

Note: Numbers do not equal 100% to account for people who selected

more than one race.




labor Force – Columbia Region

year labor Force employed unemployedunemployment

Rate2009 182,168 164,652 17,516 9.6

2008 180,604 169,483 11,121 6.2

2007 178,825 169,502 9,323 5.2

2006 175,448 165,346 10,102 5.8

2005 170,517 160,303 10,214 6.0

2004 167,156 157,105 10,051 6.0

2003 163,261 154,065 9,196 5.6

2002 159,320 151,753 7,567 4.7

2001 157,978 151,389 6,589 4.2

Source: Bureau of Labor Statistics

unemployment Rates by state’09 ’08 ’07 ’06 ’05 ’04 ’03 ’02 ’01

Alabama 10.1 5.2 3.5 3.5 3.8 5 5.4 5.4 4.7

Florida 10.5 6.3 4.1 3.4 3.8 4.7 5.3 5.7 4.7

Georgia 9.6 6.2 4.6 4.7 5.2 4.7 4.8 4.8 4.0

North Carolina 10.6 6.2 4.7 4.7 5.3 5.5 6.5 6.6 5.6

south Carolina 11.7 6.9 5.6 6.4 6.8 6.8 6.7 6.0 5.2Tennessee 10.5 6.7 4.9 5.2 5.6 5.4 5.7 5.3 4.7

Virginia 6.7 3.9 3.0 3.0 3.5 3.7 4.1 4.2 3.2


unemployment Rates by Countymarch

’10 ’09 ’08 ’07 ’06 ’05 ’04 ’03 ’02Richland 9.9 9.6 6.2 5.2 5.8 6.0 6.0 5.6 4.7

Lexington 8.5 8.4 4.9 4.1 4.6 4.9 4.9 4.5 4.0

Fairfield 13.0 13.4 10.7 8.5 8.9 7.9 8.0 10.5 8.6

Kershaw 10.7 11.0 6.6 5.3 6.3 6.6 6.2 6.3 6.1

Sumter 13.0 13.0 8.4 7.0 7.7 8.5 7.8 7.5 7.3

Calhoun 11.5 12.6 7.7 6.3 7.1 7.4 6.6 6.8 6.4

Saluda 10.3 9.9 6.1 5.3 6.2 6.7 7.4 6.3 5.8

Newberry 11.5 11.8 7.0 5.6 6.4 7.0 7.3 7.4 7.4


Employment % Employment #CalhounConstruction ...........................................7.2 .................. 431Manufacturing ......................................21.1 ............... 1,273Trade, Transportation, Utilities .................9.4 .................. 567Information .............................................0.1 ...................... 8Financial Activities ..................................0.8 .................... 46Professional, Business Services .............4.9 .................. 293Education, Health Services .....................4.6 .................. 277Leisure, Hospitality ................................1.9 .................. 115Total Government .................................50.0 ............... 3,010Total ...................................................100.0 ............... 6,020

FaiRFieldNatural Resources, Mining ......................1.4 .................... 76Construction ...........................................4.3 .................. 240Manufacturing ........................................7.5 .................. 412Trade, Transportation, Utilities ...............35.4 ............... 1,955Financial Activities ..................................1.2 .................... 65Professional, Business Services .............5.4 .................. 296Education, Health Services ...................10.9 .................. 601Leisure, Hospitality .................................4.3 .................. 238Total Government .................................29.7 ............... 1,644Total ...................................................100.0 ............... 5,527

KeRshaWNatural Resources, Mining ......................2.5 .................. 428Construction ...........................................6.9 ............... 1,177Manufacturing ......................................21.5 ............... 3,679Trade, Transportation, Utilities ...............20.3 ............... 3,476Information .............................................1.8 .................. 307Financial Activities ..................................2.8 .................. 485Professional, Business Services .............5.5 .................. 945Education, Health Services .....................7.8 ............... 1,335Leisure, Hospitality .................................8.3 ............... 1,415Total Government .................................20.6 ............... 3,536Total ...................................................100.0 ............. 16,783

Employment % Employment #lexingtonNatural Resources, Mining ......................0.5 .................. 808Construction ...........................................5.1 ............... 7,847Manufacturing ........................................7.7 ............. 11,917Service-Providing .................................38.4 ............. 59,360Trade, Transportation, Utilities ...............15.4 ............. 23,858Information .............................................0.4 .................. 566Financial Activities ..................................3.0 ............... 4,705Professional, Business Services .............5.5 ............... 8,489Education, Health Services .....................5.5 ............... 8,458Leisure, Hospitality .................................6.6 ............. 10,247Total Government .................................11.8 ............. 18,259Total ...................................................100.0 ...........154,514

neWBeRRyConstruction ...........................................5.7 .................. 823Manufacturing ......................................36.3 ............... 5,226Service-Providing .................................36.7 ............... 5,286Trade, Transportation, Utilities ...............13.6 ............... 1,953Information .............................................0.6 .................... 85Financial Activities ..................................1.6 .................. 234Professional, Business Services .............5.0 .................. 726Education, Health Services .....................8.9 ............... 1,281Leisure, Hospitality ................................5.2 .................. 752Total Government .................................17.5 ............... 2,526Total ...................................................100.0 ............. 18,892

RiChlandNatural Resources, Mining ......................0.1 .................. 495Construction ...........................................2.3 ............... 8,245Manufacturing ........................................3.1 ............. 11,241Service-Providing .................................39.9 ...........143,296Trade, Transportation, Utilities .................9.7 ............. 34,708Information .............................................1.3 ............... 4,804Financial Activities ..................................6.3 ............. 22,683Professional, Business Services .............7.8 ............. 27,956

Employment % Employment #

Education, Health Services .....................7.7 ............. 27,803Leisure, Hospitality .................................5.3 ............. 18,991Other Services ........................................1.8 ............... 6,350Total Government .................................14.7 ............. 52,898Total ...................................................100.0 ...........359,470

saludaAgriculture, Forestry, Fishing, Hunting ..14.5 .................. 512Construction ...........................................4.5 .................. 158Service-Providing .................................29.0 ............... 1,023Trade, Transportation, Utilities ...............12.8 .................. 453Financial Activities ..................................4.4 .................. 155Professional, Business Services .............2.8 .................... 99Education, Health Services .....................4.8 .................. 171Leisure, Hospitality .................................2.7 .................... 94Total Government .................................24.4 .................. 862Total ...................................................100.0 ............... 3,527

sumteRNatural Resources, Mining ......................0.7 .................. 371Agriculture, Forestry, Fishing, Hunting ....0.7 .................. 370Construction ...........................................4.9 ............... 2,692Manufacturing ......................................12.8 ............... 7,066Service-Providing .................................35.4 ............. 19,622Trade, Transportation, Utilities ...............11.5 ............... 6,380Information .............................................5.8 .................. 321Financial Activities ..................................2.0 ............... 1,109Professional, Business Services .............4.4 ............... 2,439Education, Health Services .....................8.7 ............... 4,828Leisure, Hospitality .................................6.1 ............... 3,396Total Government .................................12.2 ............... 6,781Total ...................................................100.0 ............. 55,375

industry sectors by County, 2008

Source: Central S.C. Alliance

employment & economic development



industrial employers by County, 2008

Source: Central S.C. Alliance

neWBeRRy employment pRoduCt desCRiptionKraft Foods Global Inc. .................................................. 1,478 .......................................................Processed TurkeyGeorgia-Pacific Corp. ....................................................... 390 .............................................. Southern Pine PlywoodGeorgia-Pacific Corp. ....................................................... 360 .........................................................Lumber & ChipsShakespeare Composites.................................................. 200 ....................................................Lighting EquipmentTrucast Inc. ...................................................................... 140 ................................... Investment Casting – FoundryISE America Inc. .............................................................. 130 ................................. Egg Processing & Egg ProductsKomatsu America Corp., Newberry Manufacturing ............ 100 ....................................................... Backhoe LoadersPCA .................................................................................. 100 .................................Corrugated Shipping ContainersKiswire Inc. ........................................................................ 90 ..................................................................Bead WireInternational Paper – Newberry Lumber Mill ....................... 85 .....................................Extrusion Coated Paperboard

CalhounEastman Chemical ............................................................ 650 ...........................................Plastic Naturals & ResinsDevro Inc. ........................................................................ 373 ............................Edible Casings for Meat PackagingZeus Industrial Products Inc. ............................................ 130 ................................. Fluoropolymer Tubing ExtrusionStarbucks Roasting Plant .................................................. 100 ................................... Coffee Roasting & DistributionMorton Custom Plastics ...................................................... 88 ............................................ Plastic Injection MoldingGolden Kernel Pecan Co. Inc. ............................................. 78 .......................................................... Shelled PecansCameron Lumber Co. ......................................................... 58 ...................................................... Specialty TimbersCameron Bedding & Manufacturing Co. Inc. ....................... 48 ..........................................Mattresses & Box SpringsAlaglass Pools .................................................................... 45 .................................... Industrial Fiberglass ProductsEnvironmental Fabrics Thermafab Inc. ............................... 37 ........... Floating Baffle System – Water & Wastewater

FaiRFieldBen Arnold Beverage Co. ................................................. 430 ......................................... Wine & Spirits DistributionVC Summer Nuclear Station .............................................. 330 ..........................................Electric Power GenerationInvista ............................................................................... 225 ................................... Tire Cord – Rayon & PolyesterPrime Metal Coatings ....................................................... 200 ...................................................Powder & E-CoatingLang-Mekra North America LLC ........................................ 173 ....................Mirror Systems for Commercial VehiclesIsola Laminate Systems .................................................... 122 ............ Copper-Clad Laminate Printed Circuit BoardsGuardian Fiberglass .......................................................... 100 .................................................. Fiberglass InsulationElite Electronic Systems ...................................................... 55 ............................................... Electrical Components

KeRshaWInvista ............................................................................... 800 ............................................Synthetic Organic FibersTarget Distribution Center ................................................. 621 .....................................................Distribution CenterS.C. Yutaka Technologies .................................................. 280 .............................................................. ATV SteeringHaier America Refrigerators Co. ....................................... 250 ..............................................................RefrigeratorsElgin Fine Chemicals ........................................................ 200 ..........................................Agricultural IntermediatesNew South Lumber Co. Inc. ............................................. 200 ........................................................ Dressed LumberKendall Co. – Wateree Plant .............................................. 196 ...........................................................Surgical GauzeAhlstrom Nonwovens ........................................................ 195 ..................................................... Nonwoven FabricsDeRoyal Textiles Inc. ........................................................ 185 ........................................................... Medical GauzeMancor S.C. Inc. .............................................................. 175 ................ Production Machine Shop (General & CNC)

lexington Michelin North America Inc. .......................................... 1,750 ............................ Radial Automobile Passenger TiresCalltech Communications ................................................. 500 .................Customer & Technical Support Call CenterShaw Industries ................................................................ 500 .............................................................. Staple NylonCooper Tools ..................................................................... 415 ........................................... Power-Driven Hand ToolsFlextronics ........................................................................ 400 .............. Assembly of Computer Systems & SwitchesCMC Steel – South Carolina .............................................. 400 ............................................... Steel Reinforcing BarsCommercial Metal Co. – Lexington ................................... 370 .......................................................... Shredded SteelUnion Switch & Signal Inc. ............................................... 300 ................................ Assembly of Electronic ProductsWalter P. Rawl & Sons Inc. ............................................... 250 .................................................................VegetablesNucor Building Systems .................................................... 240 .................................... Prefabricated Metal Buildings

RiChlandWestinghouse Electric Corp. .......................................... 1200 ............................................Nuclear Fuel AssembliesCSC Corp. ..................................................................... 1,100 ................................................ Computer TechnologyBose Corp. ....................................................................... 960 ....................................................................... RadiosInternational Paper ........................................................... 699 ................................................................. Fine PaperThe State Newspaper ....................................................... 556 ...............................................................NewspapersSchneider Electric/Square D Co. ...................................... 530 .......................................Industrial Electrical ControlsSysco Corp. ..................................................................... 430 ........................................... Food Service DistributionTrane ................................................................................ 416 ............................................. Coils for HVAC SystemsIntertape Polymer Group ................................................... 400 ...........................................Pressure-Sensitive TapesFN Manufacturing Inc. ..................................................... 400 .................................. .40-Caliber & 9 Mm Handguns

saludaAmick Farms Inc. .......................................................... 1,400 ...................................................... Processed PoultryMilliken & Co. – Saluda Plant ............................................ 200 .............................................................Textured YarnGentry’s Poultry Co. Inc. ................................................... 120 ........Integrated Poultry Operations – Grow & ProcessCarolina By Products ........................................................ 115 ...............................................................Animal FeedInternational Paper Co. ...................................................... 60 ............................. Finished SYP Dimension & BoardsBartley Logging Service ........................................................ 8 ..................................................................... LoggingMeherrin ............................................................................... 6 .....................................................................FertilizerSaluda Standard-Sentinel Inc. .............................................. 4 ...............................................................NewspapersWebbs Farm Service ............................................................. 2 ...............................................................Animal Feed

sumteRGold Kist Inc. ................................................................ 2,210 ...........................................Poultry-Chicken ProductsBecton Dickinson Vacutainer Systems .............................. 804 ..........................Disposable Blood Collection DevicesSantee Print Works ........................................................... 725 ..................Printing, Dyeing & Finishing Cotton FabricEaton Electrical ................................................................. 665 ............................... Electrical Distribution EquipmentCooper Hand Tools ............................................................ 495 ..............................................Solid & Slip Joint PliersV-B/Williams Furniture Co Inc. ......................................... 380 ......................................... Master Bedroom FurnitureBosch Braking Systems .................................................... 350 .............................................Drum Brake AssembliesFederal-Mogul Corp. ........................................................ 320 ............................................................ Diesel PistonsColor-Fi Inc. ..................................................................... 230 .......................................................................... Fiber

803.401.1094

Sue Gordon - ext 202 Angie Wingard - ext 203Lisa Lambert - ext 207

2010

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Employment and Openings Projections in Midlands for All Occupations for a Base Year of 2006 and a Projected Year of 2016

2006 estimated employment

2016 projected employment

total 2006-2016 employment

Changeannual average

% Change total % Change

annual average openings as a

Result of growth

annual average openings as a Result

of Replacementtotal annual

average openings338,195 357,653 19,458 0.6 6 2,512 7,530 10,042

Source: S.C. Department of Commerce

Highest-Paying Jobs in the MidlandsChief Executives $161,419

Physicians and Surgeons, All Other $147,817

Pediatricians, General $133,782

Computer and Information Scientists, Research $119,975

Pharmacists $101,139

Engineering Managers $100,965

Top Executives $95,267

Veterinarians $94,105

Lawyers $93,447

Lawyers, Judges and Related Workers $92,098

General and Operations Managers $89,461

Atmospheric and Space Scientists $88,260

Sales Managers $88,223

Natural Sciences Managers $87,533

Podiatrists $87,402

Transportation Inspectors $87,016

Computer Software Engineers, Systems Software $86,794

Physician Assistants $85,481

Financial Managers $84,760

Industrial Production Managers $83,945

Electrical Engineers $82,758

Education Administrators, Postsecondary $81,409

Financial Examiners $80,005

Securities, Commodities and Financial Services Sales Agents $79,505

Judges, Magistrate Judges and Magistrates $79,209

Source: U.S. Department of Labor, Bureau of Labor Statistics

Lowest-Paying Jobs in the MidlandsAgricultural Workers $14,283

Janitors and Cleaners, Except Maids and Housekeeping Cleaners $14,282

Cleaners of Vehicles and Equipment $14,230

Legislators $14,218

Counter Attendants, Cafeteria, Food Concession and Coffee Shop $14,208

Retail Sales Workers $14,201

Food Servers, Nonrestaurant $14,183

Combined Food Preparation and Serving Workers, Including Fast Food $14,180

Other Food Preparation and Serving-Related Workers $14,103

Food and Beverage Serving Workers $14,064

Child Care Workers $14,063

Cooks, Short Order $14,038

Cooks and Food Preparation Workers $14,022

Hosts and Hostesses, Restaurant, Lounge, and Coffee Shop $14,011

Food Preparation Workers $14,008

Personal Appearance Workers $14,007

Weighers, Measurers, Checkers and Samplers, Record-Keeping $13,996

Waiters and Waitresses $13,994

Hairdressers, Hairstylists and Cosmetologists $13,981

Cooks, Fast Food $13,980

Cashiers $13,974

Photographic Processing Machine Operators $13,967

Bus Drivers, School $13,899

Baggage Porters and Bellhops $13,831

Sales and Related Workers, All Other $13,710



2007 loans amountJanuary ...............62 ........... $17,555,900February ..............46 ........... $10,518,600March ..................61 ........... $14,588,000April.....................58 ........... $11,723,500May ....................65 ........... $12,007,310June ...................65 ........... $15,192,300July .....................58 ........... $15,975,000August .................63 ........... $11,883,600September ...........77 ........... $21,159,800October ...............68 ........... $13,325,400November ............62 ........... $14,938,200December ............60 ........... $18,008,200total ............... 745 ....... $176,875,810

2008 loans amountJanuary ...............54 ........... $16,427,100February ..............58 ........... $13,530,200March ..................69 ........... $18,417,000April.....................70 ........... $19,586,700May ....................32 ............. $7,661,300June ...................31 ........... $11,607,300July .....................29 ........... $10,495,700August .................32 ........... $11,997,900September ...........32 ........... $16,768,000October ...............27 ........... $11,128,086November ............29 ........... $11,665,600December ............28 ............. $6,579,500total ............... 491 ...... $155,864,386

2009 loans amountJanuary ...............15 ............. $3,572,300February ..............27 ............. $8,875,000March ..................25 ............. $5,409,000April.....................24 ............. $7,814,100May ....................27 ............. $6,395,500June ...................29 ............. $7,795,100July .....................47 ........... $15,922,000August .................46 ............. $7,205,600September ...........45 ........... $11,570,500October ...............36 ........... $10,157,300November ............33 ........... $12,279,300December ............29 ............. $5,743,000total ............... 383 ....... $102,738,700

2010 loans amountJanuary ...............32 ............. $5,978,100February ..............43 ........... $16,519,300

Source: U.S. Small Business Administration, S.C. District Office

Loans Guaranteed by the U.S. Small Business Administration – South Carolina

Financial servicesDeposit Market Share Report: Offices and Deposits of all FDIC-insured Institutions(Deposits as of June 30, 2009, sorted by market share)

institution nameCertificate

no. state (hQ) Bank Classstate/Federal

Charter

outside market

no. of offices deposits $000

inside market

no. of officesdeposits

$000market

shareWachovia Bank N.A. 33,869 NC N Federal 3319 391,547,621 19 2,641,383 26.10

Bank of America N.A. 3,510 NC N Federal 6158 815,710,250 15 2,279,071 22.52

National Bank of S.C. 2,111 SC N Federal 37 2,046,223 9 2,002,804 19.79

First Citizens Bank & Trust Co. Inc. 15,504 SC NM State 163 47,868,47 17 898,341 8.88

Branch Banking & Trust Co. 9,846 NC NM State 1496 92,930,559 9 822,844 8.13

Carolina First Bank 26,849 SC NM State 169 9,032,454 7 432,170 4.27

S.C. Bank & Trust N.A. 13,425 SC N Federal 46 1,937,119 4 272,628 2.69

Bank Meridian N.A. 58,222 SC N Federal 2 71,347 1 142,670 1.41

First National Bank of the South 35,383 SC N Federal 9 601,526 4 123,293 1.22

S.C. Community Bank 35,241 SC NM State 1 16,626 4 70,215 0.69

RBC Bank USA 33,184 NC SM State 440 18,445,923 1 69,201 0.68

Regions Bank 12,368 AL SM State 1879 93,638,302 3 63,447 0.63

First Community Bank N.A. 34,047 SC N Federal 9 379,811 2 54,604 0.54

Ameris Bank 20,504 GA NM State 50 1,978,179 1 47,109 0.47

First Palmetto Savings Bank FSB 28,396 SC SA Federal 18 555,133 3 47,818 0.47

First South Bank 34,222 SC NM State 4 340,065 1 44,240 0.44

Arthur State Bank 15,085 SC NM State 19 488,002 4 42,609 0.42

VistaBank 58,650 SC NM State 1 56,601 1 24,926 0.25

Southern First Bank N.A. 35,295 SC N Federal 5 485,586 1 19,103 0.19

Plantation Federal Bank 32,503 SC SA Federal 9 517,700 1 10,951 0.11

Security Federal Bank 31,100 SC SA Federal 12 660,802 1 9,281 0.09

Woodforest Bank 31,123 TX SA Federal 108 50,826 2 1,098 0.01

Bank Charter Classes: N - National BankSM - Federal Reserve Member

NM - Federal Reserve NonmemberSA - Savings Association

Source: fdic.gov

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