A BMW X6 moves through the assembly line inside the Bayerische Motoren Werke (BMW) factory in Greer, South Carolina.
Fred Rollison | Bloomberg | Getty Images
| Category | Score | 2018 Rank | 2017 Rank | Grade |
|---|---|---|---|---|
| Workforce | 239 | 21 | 23 | B |
| Infrastructure | 189 | 35 | 30 (Tie) | C |
| Cost of Doing Business | 217 | 17 | 16 | A- |
| Economy | 182 | 17 | 15 (Tie) | B- |
| Quality of Life | 111 | 42 | 36 | F |
| Technology & Innovation | 104 | 31 | 35 | C- |
| Education | 101 | 26 | 40 (Tie) | C |
| Business Friendliness | 72 | 28 | 29 | C |
| Access to Capital | 43 | 28 | 28 | C- |
| Cost of Living | 24 | 27 | 29 | C |
| [[link#105237323#Overall]] | 1282 | 30 | [[link#104395419#29]] | - |
Economic Profile
Governor: Henry McMaster, Republican
Population: 5,024,369
GDP growth (Q4 2017): 3.0 percent
Unemployment rate (May 2018): 4.0 percent
Top corporate tax rate: 5 percent
Top individual income tax rate: 7 percent
Gasoline tax: 20.75 cents/gallon
Bond rating (Moody's/S&P): Aaa, stable/AA+, stable
Major private employers: Bi-Lo, SCANA
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
