The Palmetto State finished No. 19 in the 2024 America’s Top States for Business list released by cable news network CNBC. That’s up from a No. 27 finish in 2023 — and far better than its 36th-place showing two years ago and its No. 39 ranking in 2021.
CNBC gave South Carolina grade A scores in several categories, citing its low corporate tax rate and utility costs and the increasing value of goods shipped by air, water, roads and rail.
Last year SC had $9.22 billion in economic development announcements. The Port of Charleston also helped boost South Carolina’s standing as it contributes an $87 billion economic impact each year.
Charleston Port is the country’s eighth-busiest seaport and is boasted as the deepest harbor on the East Coast, efficiently working mega container ships.
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Real Estate Matters in Charleston SC - Gena Glaze 