Affordable housing, congestion a drag on Charleston’s economic growth, study shows
A new scorecard measuring economic and quality of life standards gives the Charleston region mostly average or below grades compared to scores for eight other high-growth metro areas nationwide.
The “Regional Economic Scorecard” issued by the Charleston Regional Development Alliance and the Charleston Metro Chamber of Commerce highlights dozens of statistics that measure where an area excels and what issues need to be addressed to create a more livable and prosperous community.
The Charleston region, for example, received high marks for its number of self-employed workers and small- to medium-sized businesses — first and second, respectively — but finished next-to-last for rental housing costs and the number of households with broadband internet access.
