A statistical snapshot: The South Carolina economy through the recession

South Carolina’s economy is on the rebound after some highs and lows throughout the past five years as the state struggled to recover from the worst recession in a lifetime. Below, a statistical snapshot of how the state has fared and how its economy is emerging:

Jobs

Unemployment rate

Dec. 2009: 11.9% (high)

March 2014: 5.5%

Labor force

Jan. 2013: 2,189,430 (high)

March 2014: 2,165,060

Change: -1.1%

Housing

Home sales

First quarter 2011: 9,754 (low)

First quarter 2014: 12,737

Change: +31%

Median price

First quarter 2011: $140,000

First quarter 2014: $154,500

Change: +10%

Consumer spending

Gross retail sales

Fiscal year, July-June

2007-2008: $2,469,165,167

2008-2009: $2,257,738,338

2009-2010: $2,163,448,159

2010-2011: $2,219,736,555

2011-2012: $2,332,613,809

2012-2013: $2,423,678,248

Bank lending

Net loans and leases reported by S.C. banks

2008:

$36 billion, 66 banks

2009:

$33.4 billion, 67 banks

2010:

$19.7 billion, 63 banks

2011:

$19.1 billion, 59 banks

2012:

$22.1 billion, 58 banks

2013:

$21.7 billion, 56 banks

SOURCES: S.C. Department of Employment and Workforce, SC Realtors trade group, S.C. Department of Revenue, Federal Deposit Insurance Corp.

This story was originally published April 26, 2014 at 7:12 PM with the headline "A statistical snapshot: The South Carolina economy through the recession."