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Mar 22

SC businesses brace for eventual recession as economic expansion nears 10-year mark

  • March 22, 2019
  • Jamie DeMent
  • No Comments
  • RESILIENT ECONOMY

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.

[Read more at Post & Courier]

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