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Columbia Economic Notes


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#1 The_sandlapper

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Posted 07 November 2005 - 10:54 PM

It looks as though Brac closings are expected to bring 1,900 jobs to three midland area bases. I would write more but it's late and I need to get up early. Here is the article! Brac closings and jobs

 

#2 The_sandlapper

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Posted 09 November 2005 - 09:16 PM

The University of South Carolina's technology incubator has graduated two more companies tuesday, adding to the knowledge based economy the state and the area wants to build. The information technology, Advanced Automation Consulting, servicing company now employs 40 workers earning $90,000 a year on average. Digital Systems Support Inc. is an information technology solutions company, It is leaving the nest with 18 full-time and 10 part-time employees, who earn $40,000 a year on average. USC tech incubator

#3 krazeeboi

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Posted 09 November 2005 - 09:19 PM

Cool beans. God knows this state needs more jobs in the IT sector.

#4 The_sandlapper

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Posted 09 November 2005 - 09:33 PM

View Postkrazeeboi, on Nov 9 2005, 09:19 PM, said:

Cool beans. God knows this state needs more jobs in the IT sector.

Are you sure your from the "burg", I haven't heard many people outside of Columbia say "cool beans".

#5 krazeeboi

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Posted 09 November 2005 - 11:15 PM

LOL, I don't know where I picked that up from, but I need to lay it back down. :)

#6 The_sandlapper

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Posted 24 November 2005 - 05:10 PM

Some interesting facts about the Region. Here is a list of the leading employers.

Top Employers
Palmetto Health Alliance: 7,700 employees
Blue Cross & Blue Shield of S.C.: 7,200
Wal-Mart: 4,500
University of South Carolina: 4,500
Lexington Medical Center: 3,700
Department of Mental Health: 3,179
SCANA & SCE&G: 3,098
Department of Corrections: 2,819
Gold Kist Inc. (Poultry, Sumter): 2,338
Department of Health and
Environmental Control: 2,228
Humana/TriCare (Insurance): 2,100
Electrolux (Riding lawn tractors, Orangeburg): 1,999
Department of Transportation: 1,962
Providence Hospital: 1,650
Michelin Tire Corp.: 1,525
Bose Corp. 1,149
Westinghouse Electric 1,028
Colonial Life & Accident Insurance 1,000

Edited by The_sandlapper, 24 November 2005 - 05:21 PM.


#7 Spartan

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Posted 25 November 2005 - 12:50 PM

View PostThe_sandlapper, on Nov 24 2005, 06:10 PM, said:

Some interesting facts about the Region. Here is a list of the leading employers.

Top Employers
Palmetto Health Alliance: 7,700 employees
Blue Cross & Blue Shield of S.C.: 7,200
Wal-Mart: 4,500
University of South Carolina: 4,500
Lexington Medical Center: 3,700
Department of Mental Health: 3,179
SCANA & SCE&G: 3,098
Department of Corrections: 2,819
Gold Kist Inc. (Poultry, Sumter): 2,338
Department of Health and
Environmental Control:
2,228
Humana/TriCare (Insurance): 2,100
Electrolux (Riding lawn tractors, Orangeburg): 1,999
Department of Transportation: 1,962
Providence Hospital: 1,650
Michelin Tire Corp.: 1,525
Bose Corp. 1,149
Westinghouse Electric 1,028
Colonial Life & Accident Insurance 1,000

That is a good list to have. No question that Columbia is a government town though...

Edited by Spartan, 25 November 2005 - 01:00 PM.


#8 The_sandlapper

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Posted 25 November 2005 - 03:43 PM

Yeah, I was also impressed by the number of insurance employers.

Blue Cross & Blue Shield of S.C.
Humana/TriCare (Insurance)
Colonial Life & Accident Insurance

I guess that's why there hasn't been a push to really diversify the areas economy since state govt. isn't going anywhere.

#9 krazeeboi

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Posted 25 November 2005 - 08:05 PM

Although state government is a sure bet in terms of stability (I don't foresee Charleston regaining capital city status-ever), it doesn't represent a booming, fast-growing, high-paying sector of the economy. I guess this why Innovista has such momentum behind it, as it will seek for more diversification with those high-paying, fast-growing jobs.

#10 CorgiMatt

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Posted 02 December 2005 - 01:18 PM

I'm a low-tech person, so I don't know how to place a link on here, but a post that showed up today in the most recent postings section of this website has an attachment that links you to the MSA's and their economic strength rankings.  The Columbia MSA ranks #54, Charleston's #90 and Greenville's #104.

#11 The_sandlapper

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Posted 02 December 2005 - 05:55 PM

No surprises there. Columbia's is stronger than people give it credit for. I know that the Columbia MSA has the highest median income of the big three.

#12 krazeeboi

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Posted 02 December 2005 - 06:42 PM

Interesting that you should mention that Columbia is stronger than what most people give it credit for, because that's largely true, especially in the Carolinas. On one of the Charlotte threads, it was mentioned that the SouthPark area in Charlotte had the largest amount of office space in the Carolinas outside of the Charlotte CBD. Then when stats were given to lend credence to this claim, only stats for Charlotte and Raleigh were given. I guess some thought that simply because Raleigh is a larger city, surely it has more office space in its CBD than Columbia. However, Columbia's CBD has almost 1M sq ft more inventory office space than Raleigh's CBD, making it the Carolinas' second-largest when it comes to inventory office space. And I don't think this includes First Citizens, buildings that are part of Innovista, or the office building at the former Kline Iron & Steel Site. Some of those Charlotteans better wake up and realize that there's WAY more to the Carolinas than Charlotte and Raleigh; NC is the "new kid on the block" anyway. :P

Edited by krazeeboi, 02 December 2005 - 06:43 PM.


#13 The_sandlapper

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Posted 02 December 2005 - 07:08 PM

That's one thing that I like about Columbia is it's resilient (that's not how to spell it but oh well). It is in a region to itself so it has always thought of itself as the bigdog! So that is the mentality of most Columbians. "We take second seat to no one", well except maybe Atlanta ;) . But the area has relied on itself to grow and porosper much like Austin (the overgrown throwaway mid-sized college town in central texas, that was roughly the same size 20 years ago that Columbia is today, that took semi-conducter research to the next level when the time was right much like C-lum is plannig to do with feul cells today). We don't have the luxury of being located between two major fast growing meto areas, and we are not a tourist region. No matter what the odds are Columbia seems to find a way! I'm sure many people out there want to compare us with cities like Columbus, GA, Jackson, MS, and Montgomery, AL. When we are more compareable with cities like Winston-Salem, Greensboro, Knoxville, & Little Rock, mid-sized towns that are literally one step away from the Nashville's, Charlotte's, and Louisville's a decade or two from now!

But these are usually my rants when I post.

Also Columbia has the 3rd largest "census certified" MSA in the Carolinas, as well as the 4th largest urbanized area, but somehow these facts always get overlooked for the more popular crowd assumptions.

Edited by The_sandlapper, 02 December 2005 - 07:26 PM.


#14 Spartan

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Posted 02 December 2005 - 09:46 PM

View PostCorgiMatt, on Dec 2 2005, 02:18 PM, said:

I'm a low-tech person, so I don't know how to place a link on here, but a post that showed up today in the most recent postings section of this website has an attachment that links you to the MSA's and their economic strength rankings.  The Columbia MSA ranks #54, Charleston's #90 and Greenville's #104.

Just copy and paste a link like you would any other. It only gets technical if you want to use code to put the link into words.

#15 krazeeboi

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Posted 03 December 2005 - 12:15 AM

Economic strength rankings (PDF file)

I find it interesting that in Forbes latest "Best Places for Businesses and Careers" list, Boise ID ranks first, whereas in the economic strength rankings, it ranks one place behind Columbia at 55. Hmmmm....

Edited by krazeeboi, 03 December 2005 - 12:34 AM.


#16 CorgiMatt

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Posted 03 December 2005 - 09:50 AM

View Postkrazeeboi, on Dec 2 2005, 06:42 PM, said:

Interesting that you should mention that Columbia is stronger than what most people give it credit for, because that's largely true, especially in the Carolinas. On one of the Charlotte threads, it was mentioned that the SouthPark area in Charlotte had the largest amount of office space in the Carolinas outside of the Charlotte CBD. Then when stats were given to lend credence to this claim, only stats for Charlotte and Raleigh were given. I guess some thought that simply because Raleigh is a larger city, surely it has more office space in its CBD than Columbia. However, Columbia's CBD has almost 1M sq ft more inventory office space than Raleigh's CBD, making it the Carolinas' second-largest when it comes to inventory office space. And I don't think this includes First Citizens, buildings that are part of Innovista, or the office building at the former Kline Iron & Steel Site. Some of those Charlotteans better wake up and realize that there's WAY more to the Carolinas than Charlotte and Raleigh; NC is the "new kid on the block" anyway. :P
I have lived in Columbia since 1984 and since then I have been continuously baffled at how there seems to be a mind set that Columbia is like a third runner-up city compared to the other SC cities.  But then when I think about it, when people from other SC cities criticize Columbia, it seems all they ever say is it's hot here.  So let's just go ahead and concede that for a total of 6 weeks out of the year, if that, it is stifling hot here (ignoring the fact that the heat index [how hot it feels] in Charleston is consistently higher than in Columbia during the summer according to the weather report night after night), and... and there's really nothing else to say.

#17 803metlife

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Posted 03 December 2005 - 11:51 AM

View PostCorgiMatt, on Dec 3 2005, 10:50 AM, said:

I have lived in Columbia since 1984 and since then I have been continuously baffled at how there seems to be a mind set that Columbia is like a third runner-up city compared to the other SC cities.  But then when I think about it, when people from other SC cities criticize Columbia, it seems all they ever say is it's hot here.  So let's just go ahead and concede that for a total of 6 weeks out of the year, if that, it is stifling hot here (ignoring the fact that the heat index [how hot it feels] in Charleston is consistently higher than in Columbia during the summer according to the weather report night after night), and... and there's really nothing else to say.


Your right, I can agree columbia does get over looked in so many areas. But some way columbia always pop right back up.  As far as other sc cities criticizing columbia thats natural to feel inferior to the biggest city in the state. Charleston might be more urban, greenville might be  cleanier!! But the bottom line columbia is the biggest, and is the only city in sc  that you  get a big city vibe. By the time Charlotte really realizes whats 80miles south, it will be too late. Columbia can easy compete with Raleigh & Charlotte . Charlotte has a hard time keeping people there. Alot of people move  to Charlotte, but will later move to atl because Charlotte wasn't big enough for them. I can easily see the most slept on city in the carolinas becoming the greatest city in the carolinas

#18 The_sandlapper

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Posted 03 December 2005 - 05:57 PM

I tend to look on other cities in the region like this, Charlotte is like that over achieveing big brother that studied really hard in school, and its what you can achieve if you apply yourself as well. Raleigh is like that too but its that's brother's best friend. Charleston is like a close friend that you grew up with and can identify with but they went to a more popular school. Greenville is like that promising little brother that's always on your heels, and Atlanta is that one rich uncle or aunt that you have, and no matter what you do right now you will never quite catch up with them, but hey there southern so it's still okay. That's been my take on the region. Oh and Myrtle Beach and Hilton Head are those younger cousins that you know once the grow up they will totally kick your ass and go beyond you.

Edited by The_sandlapper, 03 December 2005 - 05:59 PM.


#19 krazeeboi

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Posted 03 December 2005 - 09:13 PM

That's an interesting way of seeing it...LOL.

#20 vicupstate

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Posted 10 December 2005 - 04:55 AM

View PostThe_sandlapper, on Dec 3 2005, 05:57 PM, said:

I tend to look on other cities in the region like this, Charlotte is like that over achieveing big brother that studied really hard in school, and its what you can achieve if you apply yourself as well. Raleigh is like that too but its that's brother's best friend. Charleston is like a close friend that you grew up with and can identify with but they went to a more popular school. Greenville is like that promising little brother that's always on your heels, and Atlanta is that one rich uncle or aunt that you have, and no matter what you do right now you will never quite catch up with them, but hey there southern so it's still okay. That's been my take on the region. Oh and Myrtle Beach and Hilton Head are those younger cousins that you know once the grow up they will totally kick your ass and go beyond you.

I have always considered cities to have "personalities" as well.  Your analogies hit the bullseye IMO.  Myrtle Beach though, might be the cousin with money, but tacky clothing and tastes.  He also brown noses his boss, a Mr. Burroughs Chapin.

Your Charlotte and Raleigh analogy is especially dead-on.  The only thing is, the "Charlotte" big brother majored in Accounting, so he isn't exactly the life of the party, if you know what I mean.  [no offense to any accounting majors out there  ;)




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