According to data released earlier this summer by the Bureau of Labor Statistics (BLS), South Carolina experienced the highest growth in real gross domestic product (GDP) in the country at 1.7% during the first quarter of 2025. GDP is the market value of all final goods and services produced within a given period of time. South Carolina also ranked fourth in the country for personal income growth in Q1, and second in the Southeast (trailing only Mississippi).
While 39 states saw their real GDP growth decline, as it did in the United States as a whole, South Carolina led the way thanks to a booming economy, continued economic investment and unprecedented levels of population growth.
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