Seeking industrial bays and buildings in South Carolina? Check out the listings above and use our custom search features to help you locate the ideal place.South Carolina, located in the southeastern region of the United States, is one of the most prosperous states. The state has a diverse economy, with several industries contributing to the state's overall Gross Domestic Product (GDP). According to the US Bureau of Economic Analysis, the state's GDP was estimated to be around $281.8 billion in 2022.
(https://wisevoter.com/state-rankings/gdp-growth-by-state/#south-carolina)
The manufacturing sector is one of the main drivers of the South Carolina economy. It contributed around $39.7 billion to the state's GDP and employed more than 253,000 people in 2022..
(https://www.nam.org/state-manufacturing-data/2022-south-carolina-manufacturing-facts/) Major industries in this sector include automotive, chemicals, electronics, food processing, machinery, and textile manufacturing. The state is home to several global automotive companies such as BMW, Boeing, Continental Tire, and others.
Agriculture is another major industry in South Carolina. The state ranks ninth in the country in agricultural production. It is home to numerous crops, including tobacco, poultry, corn, soybeans, cotton, and peanuts. The sector also employs about 13% of South Carolina's labor force.
Tourism is another significant industry in South Carolina, contributing more than $11.3 billion to the state's economy in 2022
(https://www.ibisworld.com/united-states/economic-profiles/south-carolina/#EconomicOverview) The state is home to some of the most beautiful beaches, golf courses, and resorts. Myrtle Beach is one of the most popular tourist destinations in South Carolina and attracts millions of visitors each year.
The healthcare sector is also an important industry in South Carolina. The sector employs over 280,425 people and contributes more than $15.3 billion to the state's economy
(https://www.ibisworld.com/united-states/economic-profiles/south-carolina/#EmploymentSection)
The sector includes hospitals, nursing homes, and other healthcare providers.
Finally, the finance sector is a major contributor to the state's economy. The sector employs more than 80,000 people and contributed around $11.2 billion to the state's GDP in 2022.
(https://www.ibisworld.com/united-states/economic-profiles/south-carolina/#EmploymentSection). Financial services companies such as Bank of America, Bank of South Carolina, and Wells Fargo are headquartered in South Carolina.
Overall, South Carolina is a prosperous state with a diverse economy. The state's main industries include manufacturing, agriculture, tourism, healthcare, and finance. These industries employ a significant percentage of the state's labor force and contribute a large portion of the state's GDP.