Economic forecast good for Clarendon County

by | May 14, 2014 4:44 pm

SUMTER – There was good news Tuesday for Clarendon County at the 14th Annual Regional Economic Forecast sponsored by the Santee-Lynches Council of Governments. The event was held at the Central-Carolina Health & Sciences Building in Sumter.

Bruce Yandle

Bruce Yandle

Keynote speaker Dr. Bruce Yandle, dean emeritus for Clemson University’s College of Business who served on the White House staff during both the Ford and Carter administrations, said when he looked at economic data on the four-county region of Clarendon, Kershaw, Sumter and Lee counties, he noticed something happening.

“I dug into data on Clarendon County to see what was going on because there was something going on,” he said. What he found was a large number on one-person entrepreneurial companies.

“These companies don’t have employees. They don’t have a payroll. They give out 1099s,” he said.

He said this bodes well for the county’s economic future.

See the May 22 edition of The Manning Times for more.

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