Finance & Economy

Richland County’s 736-acre Goodwill Estate has been permanently protected through a $13.8 million conservation acquisition that will expand the Wateree River Wildlife Habitat Preserve. (Photo/Drone Media/Drone Media and CDS)
Aug 24, 2026

Richland County estate sells to The Conservation Fund for $13.8M

Richland County’s 736-acre Goodwill Estate sold for $13.8 million and will expand the Wateree River Wildlife Habitat Preserve.

Patrick McCrory has been appointed chief operating officer of the South Carolina Ports Authority after more than a decade with Palmetto Railways. (Photo/Ross Norton)
Aug 20, 2026

Patrick McCrory to serve as SC Ports chief operating officer

SC Ports has appointed Patrick McCrory as chief operating officer, bringing more than a decade of rail, logistics and port operations experience.

Trinity Partners has sold 4700 Forest Drive in Columbia’s Forest Acres district. The 22,000-square-foot building is slated for renovations. (Rendering/Studio 2LR)
Aug 14, 2026

Trinity Partners completes sale of Forest Acres medical building

Trinity Partners has sold 4700 Forest Drive in Columbia’s Forest Acres district, where the 22,000-square-foot office building will be renovated.

Developers say the modern apartment interiors at Hutchinson Apartments were designed to have contemporary finishes and an open, comfortable living space. (Rendering/Middleburg Communities)
Aug 14, 2026

Nexton adds 324 residential units to the neighborhood

Hutchinson Apartments opens in Nexton with 324 units, adding new housing options near major employers and growth along Summerville's Highway 176 corridor.

UFP Packaging plans to invest $5.31 million and create 136 jobs at its new Gaffney, where it will contribute to the company’s manufacture of wood pallets and crates, corrugated boxes, structural steel packaging, and horticulture racks. (Photo/DepositPhotos)
Aug 14, 2026

UFP Packaging invests $5.31M in Gaffney manufacturing operations

UFP Packaging will invest $5.31 million in Gaffney, creating 136 jobs and expanding its South Carolina manufacturing operations by 2027.

Prysmian North America plans to expand operations at its existing facility at 700 Industrial Drive in Lexington with an $80 million investment and about 135 new jobs. (Photo/Prysmian)
Aug 12, 2026

Prysmian North America announces $80M investment in Lexington operations

Prysmian will invest $80 million in a Lexington County facility, expanding fiber and cable production and creating about 135 new jobs.

Economist Stephen Slifer says stronger economic fundamentals and modest Federal Reserve rate hikes should keep the U.S. economy out of recession. (Photo/DepositPhotos)
Aug 3, 2026

GDP growth — not as soft as it seems

Economist Stephen Slifer says stronger GDP growth and modest Fed rate hikes should keep the U.S. economy growing while inflation remains above target.

High home prices and mortgage rates continue to weigh on the housing market, but improving affordability and new federal housing legislation could support a gradual recovery. (Photo/DepositPhotos)
Jul 22, 2026

Housing — the struggle continues

The housing market faces affordability challenges, but lower mortgage rates, steady home prices and the ROADS Act could fuel a rebound in 2027.

Huntington National Bank is opening its first Summerville branch, expanding its South Carolina presence as part of a broader Carolinas growth strategy. (Rendering/Huntington Bank)
Jul 21, 2026

Huntington National Bank opens first Summerville branch

Huntington National Bank is opening its first Summerville branch as part of a Carolinas expansion that includes 55 new locations.

Woodfield Development has begun construction on a 285-unit apartment community at Ashley Landing in West Ashley, part of a broader mixed-use redevelopment. (Rendering/Woodfield Development)
Jul 16, 2026

Woodfield Development starts West Ashley apartments

Woodfield Development is beginning construction on 285 apartments at Ashley Landing in West Ashley, adding new housing as part of a major redevelopment.

Treehaven Apartments in Summerville has changed ownership, with JLL arranging acquisition and renovation financing for the multifamily community. (Photo/JLL)
Jul 15, 2026

Financing leads to $12M apartment sale in Summerville

JLL arranges $8.567 million in financing for the acquisition and renovation of Treehaven Apartments, an 88-unit multifamily community in Summerville.

Economist Stephen Slifer warns that rising federal deficits, growing debt and looming Social Security funding challenges require action before the nation's fiscal outlook worsens. (Photo/DepositPhotos)
Jul 13, 2026

US budget deficit, debt threaten economic future

Rising U.S. budget deficits, growing national debt and looming Social Security shortfalls threaten long-term economic stability, economist says.