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Business news and information for the Charleston, S.C., areaOther Top Stories Charleston area retail center with national tenants sold for $19 million Volvo begins production of all-electric flagship SUV at Ridgeville plant Charleston lifestyle brand expanding with downtown […]

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Core values

- The CCED has facilitated over $6.9 billion in capital investment and created approximately 39,000 new jobs, contributing significantly to the local economy and job creation[1].
- The total annual economic impact of CCED-affiliated activities in Charleston County is $18.2 billion, which is about 24.8% of the county’s total GDP. This corresponds to 72,018 jobs and $6.0 billion in labor income[1].
- The projects have led to secondary economic impacts, including additional job and income creation, new tax revenue, and higher rates of long-run economic growth[1].
- These initiatives have improved the quality of life by providing high-paying jobs with an average wage of $82,874, a 43.3% wage premium over the average job in Charleston County[1].

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