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SCTAC has had a tremendous economic impact on the state of South Carolina. A 2010 report estimates that SCTAC has contributed $1.4 billion to the local and state economy.

Direct Effects (direct impact associated with on-property employers/businesses)
The direct effect of SCTAC companies on the local and state economies in 2010 totaled 3,300+ employees, a payroll of $218.8 million, and $928.9 million in economic output.

Indirect Effects (economic impact tied to sales, income, and jobs in support-related industries)
The indirect effect of SCTAC companies on local and state economies in 2010 totaled 1,500+ employees, payroll of $73.3 million, and $251.7 million in economic output

Induced (Multiplier) Effects (increased sales and jobs within a region due to income earned in direct and indirect industries.
The induced effect of SCTAC companies on local and state economies in 2010 totaled 1,950+ employees, payroll of $67.6 million, and $219.6 million in economic output.

Direct Effect
$928.8 Million
Indirect Effect $251.7 Million
Induced Effect $219.6 Million
Total Economic Impact
$1.4 Billion

To learn more about SCTAC’s impact on state and local economies click here.
 
 





 
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