SC businesses brace for eventual recession as economic expansion nears 10-year mark
The economy in South Carolina and most of the country is in a peculiar spot.
It has enjoyed an exceptionally lengthy run-up. And most of the pertinent statistics show that it remains on solid footing, though growth is expected to taper off a bit this year and next.
Even so, some business leaders can’t shake a nagging feeling as they gaze into the future, knowing that the good times can’t go on forever and that a recession will rear its head at some point.