The Economic Impact of South Carolina's life science industry : a statewide and regional analysis

South Carolina Department of Commerce; Von Nessen, Joseph C.; South Carolina Biotechnology Industry Organization; South Carolina Research Authority

File:DOC_Life_Sciences_Industry_2017-05.pdf

Description:PDF file

Show File

MIME type:application/pdf

File Size:1.9 Mb

Subject

Life sciences--Economic aspects--South Carolina; Medical care--Economic aspects--South Carolina; South Carolina--Economic conditions

Abstract

The annual economic impact of the life science industry on the state of South Carolina totals approximately $11.4 billion in total economic output. The life science industry supports a significant demand for high-wage, high-skill jobs in various STEM fields. The life science industry in South Carolina currently consists of approximately 15,012 employees across 402 firms. South Carolina’s life science industry has been one of the fastest growing sectors over the past decade and has been a major contributor to the state’s current economic expansion. Since 2005, annual employment growth within the life science industry has averaged approximately 1.7 percent, which is more than twice that of the state as a whole over the same time period (0.8%).

URI

http://hdl.handle.net/10827/25079

Collections

Department of Commerce Documents

View/Open

PDF file (1.9 Mb)

Date

2017-05

Author

South Carolina Department of Commerce; Von Nessen, Joseph C.; South Carolina Biotechnology Industry Organization; South Carolina Research Authority

Metadata

Show full item record

Creator	South Carolina Department of Commerce
Creator	Von Nessen, Joseph C.
Creator	South Carolina Biotechnology Industry Organization
Creator	South Carolina Research Authority
Date Accessioned	2017-08-07T12:05:21Z
Date Available	2017-08-07T12:05:21Z
Date of Issue	2017-05
Identifier (URI)	http://hdl.handle.net/10827/25079
Description	The annual economic impact of the life science industry on the state of South Carolina totals approximately $11.4 billion in total economic output. The life science industry supports a significant demand for high-wage, high-skill jobs in various STEM fields. The life science industry in South Carolina currently consists of approximately 15,012 employees across 402 firms. South Carolina’s life science industry has been one of the fastest growing sectors over the past decade and has been a major contributor to the state’s current economic expansion. Since 2005, annual employment growth within the life science industry has averaged approximately 1.7 percent, which is more than twice that of the state as a whole over the same time period (0.8%).
Item Format	application/pdf
Media Type	Document
Item Language	English
Publisher	South Carolina State Library
Digital Collection	South Carolina State Documents Depository
Rights	Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Subject	Life sciences--Economic aspects--South Carolina
Subject	Medical care--Economic aspects--South Carolina
Subject	South Carolina--Economic conditions
Title	The Economic Impact of South Carolina's life science industry : a statewide and regional analysis
Type	Text
Digitization Specifications	This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC.