Median Family Income Remains Stagnant in Charleston Market: The Richmond Fed's April report shows zero quarter-to-quarter growth (Q3 2018-Q4 2018) for median family income for Greenville, Charleston, and Columbia. Year to year, all three metros show positive movement, with income up 7.09% in Greenville, 4.33% in Columbia, and 8.28% in Charleston. Non-business bankruptcies also continue to fall across the state.
Not surprising given the time of the year, new housing units were down in April, with Charleston falling -19.19%, Columbia dropping 0.8%, and Greenville plummeting 44.1%. Median home sales prices were also down for the three metros. Two good signs: unemployment continues to fall and the labor force rate continues to increase.***To Subscribe to Charleston Business Magazine for $25 a year, click here.***The Ultimate S.C. Super Lawyers List: South Carolina law firms recently announced attorneys who have been selected as Super Lawyers and Rising Stars this year. Here is a firm-by-firm look at 2019 winners across the state. See the statewide list here. (Charleston Business Monthly)West Columbia’s riverfront district may look very different as soon as this summer (The State)
What constitutes success for Winthrop athletic beer sales experiment? (Rock Hill Herald)
Trident Tech’s aeronautics training center nearing completion (Post and Courier)
Dept. of Energy cleanup chief: Advanced Manufacturing Collaborative project at USC Aiken is 'very exciting' (Aiken Standard)
The hijacking of the Maersk Alabama 10 years ago: the threat is still real (Logistics Management)
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