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Over the past decade, the Charleston Region has outpaced national employment growth, expanding 27.8%, 14.4 points higher than the U.S. average during the same period.
This pattern is evident across all regional industry sectors. The manufacturing sector grew by 40% in the Charleston Region in the last decade, compared to 5% growth across the U.S.
The fastest ten-year job growth is among Construction (+45.5%), Financial Activities (+40.5%), and Manufacturing (+40.0%).
The Charleston Region’s GRP more than doubled in the ten years from 2014 through 2024 (+103.8%), growing to exceed $71 billion overall. Compared to the nation in general, the region’s GRP grew more than 40 points faster over the same period.
The region has seen GRP growth every year from 2014 through 2024, except 2020. Growth of 12.6% and 8.5% in the last two years signals a strong and expanding economy going forward.
The Charleston Region has grown in prosperity over the past decade. This is demonstrated by gains in median household income, which nearly reached $89K in 2024. Median household income in the region is over $7K greater than the national level.
The median household income in the Charleston Region surpassed the national average in 2018, and the gap has continued to widen since then (with 2020 as the lone exception).
