Economic outlook forecast anticipates 20,000 new jobs in next 2 years

Charleston Regional Business Journal
Liz Segrist
March 14, 2016

More than 9,000 net new jobs were created in the Charleston region last year and at least 20,000 more are expected by the end of 2017, according to the Economic Outlook Forecast produced by the Charleston Metro Chamber of Commerce and the College of Charleston.

Those numbers put the region well on its way to hitting 25,000 jobs by 2019, which the Charleston chamber predicted in its 2014 Talent Demand Analysis.

The Economic Outlook Forecast is the result of tracking and analysis of regional economic indicators, such as number of new jobs, unemployment percentages, housing permits, real estate sales and tourist numbers. CofC research economist Frank Hefner reviews the data and a projection is created using a forecasting model.

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