USC Upstate Contributes More Than $508 Million to State’s Economy

August 28, 2017 at 9:20 am

The annual statewide economic impact of the University of South Carolina system now totals $5.5 billion, supporting one in 35 jobs statewide and generating nearly $220 million in tax revenue for state coffers each year, according to a new study by the Darla Moore School of Business released in August 2017.

University of South Carolina Upstate contributes more than $508 million to the state’s economy, a 30 percent increase from $388.6 million in 2011, the year of the previous study.

Upstate Business Journal reported that USC Upstate had the second-highest economic impact in the state behind Columbia.

Dr. Brendan Kelly, USC Upstate chancellor, said that the opportunities for growth and economic impact were two of the things that attracted him to the job at USC Upstate. In a recent editorial, Dr. Kelly wrote the economic impact that USC Upstate makes should serve as a reminder of the partner the University is for the region.

Read the full USC Economic Impact Study.