July 23, 2015:
Berkeley County Ranks in State’s Top 5 Places for Investment Activity
NEW YORK CITY – A new study aimed at capturing the top places across the country that are receiving the most incoming investments in business, real estate, government and the local economy as a whole ranks Berkeley County as one of the Top 5 in South Carolina.
The study, performed by New York-based financial technology company Smart Asset, looked at four factors: business establishment growth, GDP growth, new building permits and municipal bond investment. The study ranks Berkeley County 4th in the state, closely behind Lancaster County, Jasper County and York County. Charleston (6th) and Dorchester (10th) also received mention in the study.
Berkeley County ranked 3rd as it related to the percentage of business growth with a 1.8% growth. In comparison, the study showed a -2.7% (negative 2.7%) business growth for the State of South Carolina as a whole.
In addressing the study, Berkeley County Supervisor Bill Peagler repeated a quote he is saying often now: “Berkeley County is open for business, and Berkeley County means business.”
“Berkeley County offers so much to businesses and residents alike,” said Peagler. “With great neighborhoods, great schools, beautiful lakes and parks, quick access to the Port of Charleston and major interstates, and great job opportunities – Berkeley County is a very desirable place to live, work and raise a family,” said Peagler. “With constant improvements being made to infrastructure and government processes and with very aggressive economic development efforts underway, I expect Berkeley County to remain tops on these rankings for years to come.”
Full data can be viewed at: https://smartasset.com/investing/investment-calculator#southcarolina