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Economic Outlook Conference forecasts regional growth in Charleston region in the next 18 months

WRITTEN BY eaylor 7 months ago

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The Charleston Metro Chamber of Commerce is holding its Economic Outlook Conference today, which features an in-depth look at the region’s economy and presents a detailed forecast for the next 18 months.

“The conference will discuss the economic forecast in the three counties the chambers cover, including employment, retail sales and port growth,” Mary Graham, chief advancement officer at the Charleston Metro Chamber, recently told Palmetto Business Daily. “Charleston has strong economic growth. There are 20,000 new jobs coming to the area in the next two years because of business growth, including Volvo’s manufacturing plant, which plans to open as early as 2017.”

Graham explained that the region has a rapidly expanding economy, which is good for new job and wage opportunities.

“It is important to know how to manage this rapid growth effectively,” Graham said.

She explained that the region wants to support incoming residents, as well as those who have been in the region a while.

“We need to make sure kids are getting good educations to be eligible for the jobs coming into the region,” Graham said. “Helping our current citizens is just as important as welcoming new ones.”

Graham also explained that there is much-needed infrastructure to accommodate this new growth.

“We are a rapid growing metro (area),” Graham said. “This growth means roads need to be repaired, and we need to add capacity to support a robust population growth of an average of 43 people per day.”

Open to all chamber members, registration for the conference starts at 11 a.m. at the Charleston Area Convention Center. Katarina Fjording, vice president for purchasing and manufacturing at Volvo, will be the conference’s keynote speaker.

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