The LinkSC - Economic Snapshot

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Photo/Continental Tire

Photo/Dustin Shores

An Economic Development Alliance Representing Lee and Sumter Counties, South Carolina

ECONOMIC SNAPSHOT AN OVERVIEW OF LEE AND SUMTER COUNTIES 2017

Photo/City of Sumter


Welcome

We have work to do. The regions who think strategically about infrastructure, talent development, leadership development, quality of life and livability will be successful communities. This success leads to retail and industrial growth, new capital investments in automation, technology and new job opportunities. The snapshot uses up-to-date, comprehensive data covering education, workforce, quality of place and business development. The data was compiled, broken down and analyzed using qualitative and quantitative research tools and methods. The data is the most current and relevant as it not only highlights our successes, but also underscores opportunities for improvement and advancement. And that perfectly aligns with the State of our Region—fashioned for wins, touting a 44% 10-year per capita increase and a significant reduction in our unemployment rate, all while continuously seeking ways to stay competitive and continue to grow and prosper as a community. Most of all, we all must champion our Region and recognize it as a true global mainstay. I’m particularly excited about opportunities for continued growth in our region. This piece offers valuable insight about the positive aspects of our region, as well as the areas that require focused attention. This resource will help us to showcase our strengths as a community and develop new strategies to identify our improvement opportunities. I encourage you to read it over carefully and I trust that you too will find it beneficial in helping to inform decision making, investments, and to generate community support.

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Photo/Airman 1st Class Christopher Maldonado

The needle is moving! Our job as an organization charged with being thought leaders, doers, and the galvanizing force for economic growth is in a constant state of motion. There should never be a moment that we sit back and watch the world turn. We as leaders have a responsibility to take an unbiased, objective look at our communities and offer solutions to continuously make them better and more prosperous and to create more opportunities. A continuous and steady uptick in our per capita income coupled with a renewed sense of our collective regional strength, led us to present this Regional Economic Snapshot. This Snapshot Jay Schwedler provides a baseline to provoke a thought process for community leaders and President citizens. The purpose is to actively engage in a dialogue and develop a strategy that will foster economic progress and chart our course towards greater prosperity. This document presents an objective depiction of where our region stands against similar type cities and regions that we often compete with for new business and industry.


What are Comparative and Peer Locations and how were they chosen? Photo/City of Orangeburg

T

Fayetteville, NC MSA

Greenville-Mauldin-Easley, SC MSA

Orangeburg County, SC

Military presence, Industry Proximity to interstates Population: 204,759

Higher education system, Revitalized downtown Proximity to interstates Population: 884,975

Proximity to interstates Higher education system, Industry Population: 87,903 Photo/Columbus-Lowndes Convention & Visitors Bureau

Photo/City of Florence

he metro areas in this report were chosen based on diverse factors and economic assets comparable to the Sumter MSA. These vary across the metro areas, but all will have at least one of the following assets in common with TheLINK region, comprised of Sumter and Lee counties. • Higher education system (Two- and four-year) • Comparable population • Similar industries • Similar geographic location • Military installation • Distinctive community character (natural assets, recently redeveloped and thriving downtown area)

Florence, SC MSA

Columbia, SC MSA

Columbus, MS Micropolitan

Proximity to interstates Industry, Revitalization Population: 205,976

Military base, Higher education system Industry Population: 134,309

Military presence, Comparable population Low cost of living Population: 24,561

Metropolitan, Micropolitan and Combined Statistical Areas:

The substate area data published in this release reflect the standards and definitions established by the U.S. Office of Management and Budget. Anderson, S.C., Metropolitan Statistical Area (MSA) includes Anderson County in South Carolina. Augusta-Richmond County, Ga-S.C., MSA includes Aiken and Edgefield counties in South Carolina and Burke, Columbia, McDuffie and Richmond counties in Georgia.

Charleston-North CharlestonSummerville, S.C., MSA includes Berkeley, Charleston and Dorchester counties in South Carolina. Charlotte-Gastonia-Rock Hill, N.C.-S.C., MSA includes Anson, Cabarrus, Gaston, Mecklenburg and Union counties in North Carolina and York County in South Carolina.

Columbia, S.C., MSA includes Calhoun, Fairfield, Kershaw, Lexington, Richland and Saluda counties in South Carolina. Florence, S.C., MSA includes Darlington and Florence counties in South Carolina. Greenville-Mauldin-Easley, S.C., MSA includes Greenville, Laurens and Pickens counties in South Carolina.

Myrtle Beach-North Myrtle BeachConway, S.C., MSA includes Horry and Georgetown counties in South Carolina and Brunswick County in North Carolina. Spartanburg, S.C., MSA includes Spartanburg County in South Carolina. Sumter, S.C., MSA includes Sumter County in South Carolina.

Metropolitan Statistical Area (MSA) - is a geographical region in the United States with a relatively high population density at its core and close economic ties throughout the area. Micropolitan Statistical Areas - as defined by the Office of Management and Budget (OMB), are urban areas in the United States centered on an urban cluster (urban area) with a population at least 10,000 but less than 50,000. Combined statistical area (CSA) - is composed of adjacent metropolitan (MSA) and micropolitan statistical areas in the United States that demonstrate economic or social linkage. The US OMB defines a CSA as consisting of various combinations of adjacent metropolitan and micropolitan areas with economic ties measured by commuting patterns. These areas that combine retain their own designations as metropolitan or micropolitan statistical areas within the larger combined statistical area.

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SNAPSHOT

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are just a few of the key attributes that make life in TheLINK region desirable. As you flip through the next few pages, you will see some of the statistics and data highlighting different demographic aspects of the region, including age and population breakdown, job expansion, major industries, income, cost of living, real

he people of Sumter and Lee counties are the region’s most valuable resource, representing an innovative, hard-working and skilled labor force with a strong sense of community pride. Location, numerous recreational and cultural opportunities, low cost of living and a business-friendly environment

estate, commuting patterns, health care and recreational assets. This publication paints a picture of a diverse region steeped in unique history and rich traditions. Take a closer look at the makeup of the people who live and work in the area and make the community special.

DEMOGRAPHICS Population Change

2010

Population % Change April 1, 2010 to July 1, 2016

2016

15%

-0.1% -8.3%

10%

107,463 107,396

South Carolina’s population has

grown 7.3% 19,222

over this same time period.

17,635

Lee County

10.5% 6.5%

5% 0% -5% -10%

Sumter County

13.2%

-5.0% -8.3% Lee County, SC

Orangeburg County, SC

-2.5% Columbus city, MS

1.4%

2.1%

Florence County, SC

Fayetteville city, NC

-0.1%

Sumter County, SC

Richland County, SC

Greenville County, SC

Source: U.S. Census Bureau

Charleston County, SC

Source:U.S. Census Bureau

JOB EXPANSION AND WAGES RISING Unemployment Rate 17.9%

Per Capita Income % Change 2010-2015 Lee County Sumter County

17.4%

2010

12.1%

2011

10.6%

2012

8.7%

2013

22.0%

20%

20.8%

20.5%

18.3%

15%

15.9% 12.9%

12.5%

25%

9.3%

9.7%

7.3%

6.9%

2014

2015

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15.6%

14.3%

14.2%

Lee County, SC

Orangeburg County, SC

10.7%

10% 7.9%

6.2%

5%

6.0%

5.6%

0%

2016

2017

Sumter, SC MSA

GreenvilleCharlestonColumbia, SC Anderson- North Charleston, MSA Mauldin, SC SC MSA MSA

Florence County, SC

Fayetteville, NC MSA

Source: U.S. Census Bureau


Snapshot

COST OF LIVING INDEX

Lee County, SC

Columbus City, MS

Sumter County, SC

Florence County, SC

Richland County, SC

Fayetteville, NC MSA

Orangeburg County, SC

82 83

100 U.S. Average

86 89 91

Lee and Sumter counties’ cost of living is under the U.S. average.

95 95 95 95

Greenville-Anderson-Maudlin, SC MSA

The average cost of groceries, health care, housing, transportation, utilities and miscellaneous items.

South Carolina

117

Charleston-N. Charleston, SC MSA Hilton Head Island-Beaufort- Bluffton, SC MSA

133

Source: Chmura Economics & Analytics; U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Estimates

RESIDENTIAL REAL ESTATE Median Sales Price, 2016

Columbus City, MS

Fayetteville, NC MSA

Florence County, SC

Sumter County, SC

Spartanburg County, SC

Lee County, SC

Aiken County, SC

Richland County, SC

Greenville County, SC

Beaufort County, SC

Charleston County, SC

$106K $111K $134K $135K $145K $151K $155K $159K

Lee and Sumter counties offer more affordable housing than other communities throughout the area.

$180K $193K

$240K

Sources: 2016 Annual Report on the South Carolina Housing Market, Greater Florence Chamber of Commerce, U.S. Census Bureau ACS 5-year Estimate, South Carolina Housing Authority, updated report released June 2017

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Snapshot

WHERE ARE PEOPLE COMMUTING? Commuting Times

Lee County has a longer communte time due to the rural environment, not traffic congestion.

Commuting Patterns Work and Live in County

47%

21.8 minutes

Sumter County

Out Commuters

22+32+46 72+13+15 15%

22%

27.3 minutes

Lee County

In Commuters

LEE COUNTY

13%

SUMTER COUNTY

72%

32%

23.8 minutes

S.C. Average

Lee and Sumter Counties have very different commuting patterns. Forty-seven percent of Lee County residents commute out of the county for work while 72% of Sumter County residents work and live in Sumter. This illustrates that there are more employment opportunities in Sumter County. Also, the presence of Shaw Air Force Base, where many people live and work increases that number.

24.8 minutes

U.S. Average Source: U.S. Census Bureau

REGIONAL HEALTH CARE

Palmetto Health Tuomey In January 2016, Tuomey merged with Palmetto Health to become part of the largest, strongest and most comprehensive integrated health care system in the Midlands.

Health Statistics Sumter County 35%

of the adult population is obese

14%

of the population has diabietes Percentage low-birthweight babies 17.7%

Lee County

Lee County 44%

of the adult population is obese

17%

of the population has diabietes Infant mortality rate per 1,000 Lee County 0

Sumter County

9.5%

Sumter County

S.C. Average

9.7%

S.C. Average

5.5 6.9

Sources: U.S. Census Bureau, Area Health Insurance Estimates (SAHIE); Children's Trust of South Carolina, Centers for Disease Control and Prevention

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• 301-bed Joint Commission-accredited medical center. • One of seven hospitals in the Palmetto Health sytem and one of the largest

employers in Sumter County. • Palmetto Health Tuomey is the first hospital in the state to install the Hologic Affirm Prone Biopsy System technology for breast biopsy. • Palmetto Health Tuomey is designated as a Blue Distinction Center+ for maternity care by Blue Cross Blue Shield of South Carolina.

McLeod Health For more than 110 years, McLeod Regional Medical Center has consistently delivered compassionate, leading-edge health care. From nationally recognized quality and safety programs to new healing environments for Intensive Care and Cancer patients, McLeod Health and its family of 7 hospitals continue to

achieve new levels of medical excellence. The 461-bed McLeod Regional Medical Center anchors the system providing a vast array of specialized services in Heart and Vascular, Cancer, Surgery, Orthopedics, Women’s and Children’s and many others.


Snapshot

DOWNTOWN REVITALIZATION After just a handful of years of strategic planning, the region has experienced tremendous growth and rejuvenation. New businesses cropped up all over the downtown areas. This is a result of the concerted efforts to reinvigorate an area that had been neglected over the years. Over the past decade, Sumter and Lee counties have committed to a long-term vision and a strategic plan to improve their respective downtown areas. Here are a few examples:

The Economic Impact of Buying Local

Hyatt Place • $11 million hotel being built on Main Street, opening spring 2018. • 93 rooms, nearly 60,000 sq. ft.

Regional Economic Development Headquarters • Housing TheLINK, Sumter Smarter Growth Initiative, Sumter Economic Development

Historic Sumter Opera House • The City of Sumter relocated its offices to the Opera House and renovated it • 550-seat venue hosts music, dance and theater

Downtown Bishopville • Completed an extensive $5 million streetscaping and revitalization project • Greater Bishopville Inc. was formed in 2015 to support new downtown business and renovations

Successful downtown revitalization efforts lead to more locally owned businesses. If every family in the Sumter metro statistical area spent just $10 a month with a locally owned, independent business instead of a national chain, $3,081,787* would be directly returned to the community. * Based on Civic Economics Andersonville Study of Retail Economics Source: Independent We Stand

Culture and Recreation, 2016

NATURAL ASSETS AND RECREATION Local and regional public parks and recreational assets contribute significant value and benefits to their communities. They promote health and wellness, improve quality of living, promote a sense of community pride and serve as engines for economic growth. In Sumter and Lee counties, major attractions include sports tournaments, access to treasured natural assets, festivals, parks and state-of-the-art recreation facilities. Here are a few examples:

Employment in the arts, entertainment, sports and recreation. Sumter MSA Employment: 120 Employment per 1,000: 3.37 Annual Mean wage: $40,220 Columbia MSA Employment: 4,070 Employment per 1,000: 10.90 Annual Mean Wage: $46,310

Photo/City of Sumter

Charleston-North Charleston MSA Employment: 3,510 Employment per 1,000: 10.70 Annual Mean Wage: $44,800

Swan Lake Iris Gardens • Only public park in the United States to feature eight swan species • More than 15,000 visitors annually

Pearl Fryar Topiary Gardens • Pearl Fryar’s worldrenowned topiary garden features more than 300 plants

Patriot Park Athletic Complex and Activities Center • Built for hosting regional and national tournaments, it boasts five baseball and softball fields and six soccer fields

Palmetto Tennis Center • 24 state-of-the-art tennis courts, lit for night play • Host to local, state, regional and national tournaments, including USTA Women’s Pro Circuit Events

Florence MSA Employment: 360 Employment per 1,000: 4.34 Annual Mean Wage: $46,350 Greenville-Anderson-Mauldin MSA Employment: 3,840 Employment per 1,000: 9.69 Source: Bureau of Labor Statistics Annual Mean Wage: $51,500

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ECONOMIC AND BUSINESS DEVELOPMENT

W

hy consider TheLINK region? Comprised of Sumter and Lee counties, the area has the infrastructure to support any business opportunity, domestic or global. The area has experienced momentum over the past several years in attracting new business and industries, creating new jobs and generating revenue. This has been a

major boost to the area and the quality of life of its residents. Promoting the unique characteristics that Sumter and Lee offer is critical to the region’s economic and business development efforts. Attracting new businesses to the area, such as Continental Tires of the Americas and Mount Franklin Nutritionals, stimulates

economic activity and boosts business revenue. TheLINK region’s unique history, cultural opporutnies, low cost of living, and friendly people with a strong sense of community are assets that attract new business and people to the area. Workforce readiness and training programs are one of the region’s most powerful resources directly shaping the

quality of the workforce. Sumter County is home to one of the nation’s oldest and most successful workforce training and readiness programs, readySC. Continued investment in excellent and diverse higher educational opportunities along with work training programs are critical to attract new business and economic prosperity to the area.

OCCUPATIONAL BREAKDOWN Top Five Industries by Number of Employees, 2015 Lee County

Sumter County

7,753

5,764

Manufacturing

4,672

Retail Trade

Health Care & Social Assistance

3,860

Public Administration

3,486

Educational Services

1,272

898

Manufacturing

751

Retail Trade

Health Care & Social Assistance

537

Accomodation & Food Service

453

Public Administration

Manufacturing is the largest industry in Lee and Sumter counties. This concentration in the labor pool can be used to attract more manufacturers to the area.

Source: U.S. Census Bureau

Largest Employers Sumter County, Industrial Employers 1. 2. 3. 4. 5.

Continental Tire the Americas 1,033 Pilgrim’s Inc. 1,009 Sykes Inc. 950 Eaton Electrical 750 BD Diagnostics, Preanalytical Solutions 715

Source: S.C. Department of Employment & Workforce Business Intelligence Department

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Sumter County, Nonindustrial Employers 1. 2. 3. 4. 5.

Shaw Air Force Base Sumter School District Palmetto Health Tuomey Thompson Construction Group Sumter County Government

8,524 3,070 2,800 1,360 676

Top 5 Employers in Lee County 1. 2. 3. 4. 5.

S.C. Department of Corrections Lee County School District Lee County Administration Coca-Cola Bottling Co. Consolidated Ardagh Group

284 250 200 130 110


Economic and Business Development

MANUFACTURING WAGES The table below shows average annual wages for Manufacturing in 1st Quarter, 2017.

$81,016 $71,656 $63,700 $62,608 $60,112 app. $58,240 $56,992 *Assumes a 40-hour week worked the year round. $56,108 **Info not available for Columbus, MS. Data reflects “workforce development area” categorized as “Mississippi Partnership”, which includeds Lowndes County and Columbus, MS. $55,640 ***Calculated by Average Weekly wage x 52 wks/year = $1,120/week x 52 wks/year = $58,240 $52,120 Sources: U.S. Bureau of Labor Statistics, S.C. Dept. of Employment & Workforce, N.C. Department of Commerce, $48,308 Labor & Economic Analysis, Mississippi Department of Employment Security

Charleston County Richland County Greenville County Lee County Spartanburg County ***Fayetteville, NC MSA Florence County Orangeburg County Anderson County **Columbus, MS Sumter County

EXPORT VOLUME AND INTENSITY BY METROPOLITAN STATISTICAL AREA, 2015 – 5% export volume

According to this chart from the Brookings report, exports account for a relatively large portion of Sumter’s economy. The Sumter Metropolitan Area is ranked 74th out of the nation’s 381 metropolitan areas in terms of the percentage share of its GDP, 14.3%, tied to exports.

24.1%

15.4% 14.3%

13.3%

12.7% 8.9%

8.6% 6.6% 2.2%

Spartanburg, SC MSA

GreenvilleAndersonMauldin, SC MSA

Sumter, SC MSA

Florence, SC MSA

Charleston-North Charleston, SC MSA

Columbia, SC MSA

Fayetteville, NC MSA

Hattiesburg, MS MSA

HIlton Head Island-BlufftonBeaufort, SC MSA

Source: Brookings analysis of data from Census, BEA, Moody’s Analytics, BLS, NAFSA, IRS, EIA and Sabre

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Economic and Business Development

LOGISTICS & LOCATION

South Carolina State Ports Authority Economic Impact Study: The Midlands Total Economic Impact of SCPA: Midlands

$13.6 BILLION Total Economic Impact

47,998 Total Jobs

$2.6 BILLION

Total Labor Income Generated

Employment

Labor Income

Economic Output

Direct Impact

19,828

$1,342,850,674

$9,224,796,379

Indirect Impact

15,866

$813,141,169

Induced Impact

12,304

$461,420,668

$1,560,279,769

Total Impact

47,998

$2,617,412,511

$13,597,536,765

Major Flows by Truck To, From, and Within South Carolina: 2040

$2,812,460,616

Midlands Region includes the following counties: Sumter, Lee, Calhoun, Clarendon, Fairfield, Kershaw, Lexington, Newberry, Orangeburg, Richland, Saluda, Aiken, Allendale, Bamber, Barnwell, Edgefield. Source: University of S.C. Darla Moore School of Business, The Economic Impact of the South Carolina Port’s Authority, A Statewide and Regional Analysis. September 2015

Major Flows by Truck To, From and Within South Carolina

Major Flows by Truck To, From, and Within South Carolina: 2040

TheLINK region is ideally situated in the state with its close proximity to major US interstates. Enhanced transportation mobility and access ensures economic competitiveness and attracts new businesses to the area. Its close proximity to interstate highways, the rail system, two international airports   and the Charleston Port is critical to   continued economic growth. There   has been dramatic growth in domestic    and international freight movement in Major flows include domestic and international freight moving by truck on highway segments with more than twenty five FAF trucks per day the last decade, whichNote: isbetween projected to more than fifty miles apart. and places typically Note: Major flowsAdministration, include domestic international freight moving byFreight truckAnalysis on highway segments more U.S. Department of Transportation, Federal Highway Officeand of Freight Management and Operations, Framework, versionwith 3.1.2, 2011.than twenty continue over the nextSource: several decades five FAF trucks per day and between places typically more than fifty miles apart. ensuring sustained economic growth.

2012

2040

    

 





Major flows include domestic and international freight moving by truck on highway segments with more than twenty five FAF trucks per day Source: U.S. Department of Transportation, Federal Highway Administration,Note: Office of Freight Management and between places typically more than fifty miles apart. and Operations, Source: U.S. Department of Transportation, Federal Highway Administration, Office of Freight Management and Operations, Freight Analysis Framework, version 3.1.2, 201 Freight Analysis Framework

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Economic and Business Development

THE ECONOMIC IMPACT OF

SHAW AIR FORCE BASE ON SOUTH CAROLINA, 2017 $2.39 BILLION Annual Economic Impact

$1.1 BILLION Labor Income Generated

16,381

Number of Veterans

16,397

Number of Jobs Supported

5,276

Number of Service Members

687

Number of DoD Civilians

Note: Economic impact includes Shaw Air Force Base, U.S. Army Central Command (ARCENT), DoD contractors, Military Retirees and Veterans, Portions of the South Carolina National Guard and the U.S. Army Reserve

U.S. Air Force 1st Lt. Jeffrey Downie, 77th Fighter Squadron pilot, returns to Shaw Air Force Base on Feb. 26, 2017, after a flyover at Arlington National Cemetery in Virginia. (Photo/U.S. Air Force, Senior Airman Michael Cossaboom)

Economic Impact of Shaw AFB on the Sumter Region* Rental activity for owner-occupied dwellings........................................$65.83M Food services and drinking places........................................................$32.77M Real estate establishments....................................................................$24.98M Retail stores – General merchandise.....................................................$21.44M Offices of physicians, dentists and other health practitioners..............$19.52M Wholesale trade businesses...................................................................$15.27M Monetary authorities and depository credit intermediation activities......$14.26M Nursing and residential care facilities......................................................$7.18M Electric power generation, transmission and distribution......................$5.36M Telecommunications.................................................................................$4.75M *The Sumter region is comprised of Sumter, Lee and Clarendon counties

Continued growth

• U.S. Army Central (ARCENT), or Third Army, transferred to Shaw in 2006. It is the Army component of USCENTCOM and the Coalition Forces Land Component Command. • In January 2017, the Air Force chose Shaw as the location for the MQ-9 Reaper (remotely piloted aircraft) drone unit. The MQ-9 unit is expected to consist of approximately 430 personnel. • The Air Force has indicated its preference for Shaw to become the East Coast operational location for the new F-35A aircraft when the F-16s are phased out of service.

Sources: South Carolina Military Task Force; University of S.C. Darla Moore School of Business; The Economic Impact of South Carolina’s Military Community: A Statewide and Regional Analysis, April 2017

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EDUCATION AND WORKFORCE DEVELOPMENT

T

he state of education is perhaps the most telling indicator of a region’s economic competitiveness and its ability to meet the demands of the area’s current and future labor needs. While Sumter and Lee counties have made strides over the years identifying significant gaps in its public school systems and ways to combat these challenges, there is much work to be done to ensure its local students are

adequately prepared to become part of the region’s diverse workforce. The best investment a county and state can make is the education of its people. Sumter and Lee school districts must therefore invest more in all facets of its K-12 public education systems and hone in on the integration of STEM (science, technology, engineering, mathematics) programs to better prepare students for jobs that require the

SCHOOL DISTRICT DASHBOARD Lee 01 School District

Total Enrollment...............................17,130 Total Schools...........................................27 Total Classroom Teachers.................1,083 Student/Teacher Ratio.................... 16 to 1

Total Enrollment.................................2,133 Total Schools.............................................7 Total Classroom Teachers....................140 Student/Teacher Ratio.................... 15 to 1

South Carolina College and Career-Ready Assessments (SC READY) The South Carolina College-and Career-Ready (SC READY) assessment was given to students in grades 3-8 in spring 2016.

South Carolina

South Carolina

Beaufort County

83.4%

Sumter County

83.1%

Richland County

83.1%

Charleston County

82.9% 81.9% 79.8% 78.5% 80%

22%

35%

51% 22%

36% 25%

12 TheLINK Regional Snapshot Report

33%

90%

Source: S.C. Department of Education; U.S. Department of Education, National Center for Education Statistics

35%

35%

84.4%

82.6%

Fayetteville City, NC

Percentage of students from 2015 graduating class enrolled in a two-year, four-year or technical college pursuing an associate's degree, certificate or diploma in fall 2015

51.6%

Lee County

19% 18%

49%

29%

14%

8%

Florence County

Orangeburg County

38%

86.8%

Columbus City, MS

36%

Mathematics Assessment 3% Lee County 11% Sumter County

Greenville County

70%

21%

6%

Lee County 91.3%

S.C. State Average

- Exceeds Expectations - Meets Expectations - Approaches Expectations - Does Not Meet Expectations

Sumter County

prepare current and future employees. Companies seeking to relocate will gravitate to places with a knowledgeable, skilled and talented local labor pool. New businesses bring new jobs, financial investments and business rewards. Therefore, investing more at all levels of education in Sumter and Lee counties is a top priority for the community and its future economic prosperity.

High School Graduation Rates, 2015-2016

Sumter 01 School District

English Assessment 1% Lee County 14%

specialized skills of modern industry. readySC and Sumter County’s Career Readiness programs are invaluable resources that educate students and provide the skills and tools to prepare them for the demands of the business world once they graduate. readySC is one of the nation’s premier workforce training programs, and it has been successful in TheLINK region where it partners with Central Carolina Technical College to

24%

Sumter County

South Carolina

70.7%

Source: S.C. Department of Education

66.1%


Education and Workforce Development

HIGHER EDUCATION AND ECONOMIC IMPACT Community Voices Central Carolina Technical College

Morris College

Developing a skilled workforce now and in the future is a challenge for many communities across the country. These challenges can be attributed to rapidly changing technology in business and evolving industry that requires different skill sets and knowledge. With technological advancements, a high school diploma is no longer enough; the same jobs from previous years now require more rigorous technical skills and additional training attained through postsecondary education. Sumter County offers numerous post-high school opportunities and work readiness programs. These institutions of higher learning are accessible and diverse. Central Carolina Technical College is a two-year institution featuring degree programs from diverse fields

University of South Carolina, Sumter

with special emphasis on industrial technology and workforce training and certification. The University of South Carolina, Sumter draws students seeking associate’s degrees in arts or science, as well as those interested in earning a four-year baccalaureate degree in one of USC-Sumter’s four-year undergraduate degree programs and Liberal Arts Studies. Morris College is a coeducational liberal arts college that emphasizes personal growth for its students through a liberal arts educational environment. Shaw Air Force Base boasts four institutions of higher education: Troy State University, Embry-Riddle Aeronautical University, Saint Leo and Webster University; these feature excellent opportunities for military employees and anyone seeking highly specialized, technical graduate programs.

“It is clear that South Carolina is focused on providing quality jobs for its citizens. We especially appreciate the cooperation and hospitality provided by the state, county and local government agencies. It is great to work with people who are genuinely interested in creating jobs and stimulating economic growth.” Gary Ricco President and CEO, Mount Franklin Foods “I’ve spent enough time in Sumter now to know that this is a strong community with great people and dedicated leaders looking toward the future. Continental Tire is proud to continue to be a part of Sumter’s success story.” Craig Baartman Plant Manager, Continental Tire the Americas, Sumter “While a strategic location is important in our industry, it was the quality of the people and the strong work ethic that ultimately drew Crown to the area.” Don Haferkamp President and CEO, Crown Healthcare Laundry Services

Percent of persons age 25 years+ with an associates degree or bachelor’s degree, 2011 - 2015 Associates degree 25.9%

Bachelor’s degree

20.7% 7.8%

CHARLESTON COUNTY, SC

8.7%

13.9%

FLORENCE COUNTY, SC

8.6%

GREENVILLE COUNTY, SC

9.5%

11.7%

ORANGEBURG COUNTY, SC

9.4%

11.8%

SUMTER

COUNTY, SC

6.4%

8.0%

LEE

COUNTY, SC

Sources: U.S. Census Bureau, 2011-2015 American Community Survey 5-Year Estimates

TheLINK Regional Snapshot Report

13


STANDING STRAIGHT Based on the data presented in this publication this is where our community stands.

What we are doing well

Where we need to improve

3

Marked downtown revitalization efforts

3

3

Maintained a cost of living well below the national average

Build awareness of the manufacturing and industrial opportunities in our area

3

Raised per capita income

3

Better align school curriculum with industry labor needs

3

Decreased unemployment rate

3

Create a clear, seamless pathway for students to enter the workforce

3

35% of residents are 18-44, combining energy and expertise

3

Improve public education in both K-12 and beyond

3

Boast affordable housing for the working and retirement class

3

Reverse the region’s population decline

3

Awarded recognition for our more than 30 parks and recreational facilities

3

Recruit more high quality, high paying jobs

3

Improve overall health and wellness

Community Voices “We are joining our hearts, minds, and resources for continued improvement of the community.” Mack Kolb Chairman, Sumter Smarter Growth Initiative

“Talent Development is a priority and has been for a while. We are confident that sustaining a skilled workforce will set us apart from other areas across the state and from other states in the Southeastern Region.” Greg A. Thompson Chairman, Sumter Development Board

14 TheLINK Regional Snapshot Report

“I am encouraged by the outward support of our leaders in both government and business to move this region forward.“ Gordon Eckley Chairman, TheLINK Economic Development Alliance

“The partnership between Sumter and Lee counties has been beneficial in numerous ways. Collectively, we have more people, more product and thus unlimited regional potential.” Alan Watkins Lee County Administrator


RAISING THE BAR 1. No Innocent Bystanders

2. No Players, No Wins

3. Use them or lose them

4. Embrace our Space

We must play an active role in improving the quality of education at all levels and preparing students for the workforce post graduation. Attending public school in Sumter or Lee County should be an advantage and attract families looking to relocate. There are more than 20,000 students in our region and we as a community must invest everything— time, money and resources—to ensure that each student receives a strong foundation in which they can learn and thrive, and that prepares them to graduate and succeed as they enter the workforce.

We must develop a strategy to hone the skills of local talent, while also attracting other skilled individuals to the region. In today’s modern manufacturing and technology environment, it is crucial that students are being adequately prepared and trained for the business sector they will be entering after graduation. Training and workforce readiness programs are one of TheLINK region’s most powerful resources directly shaping the quality of its workforce. Sumter County is home to one of the Nation’s oldest and most successful such programs called readySC. Continued investment in excellent and diverse higher educational opportunities along with work training programs are critical to attract new business and economic prosperity to the area.

More than 1/3 of our region’s residents are adults 44 years old or below. We must engage this young adult demographic with attractive career, community, and cultural opportunities to keep them here and their valuable contributions to the region. Maintaining this group in the region can greatly assist our population growth. Direct community involvement will be necessary to drive the region forward.

We must recognize our success and position. Our region, despite our economic growth has experienced a steady decline in population over the years. It is a concerning trend and we must develop a sound strategy to attract more talented, diverse and skilled individuals to our thriving community. It is our privilege and our responsibility to showcase our numerous award-winning parks and state-of-the-art recreational facilities, and leverage the resources and the charm of our bustling downtown area.

RISING TO THE CHALLENGE: A CALL TO ACTION Looking toward the future, we must focus on making steps to improve our public education system, and engage all leaders and citizens of our community to hear the call to action and invest in making it better for all.

1

2

3

4

Align our Curriculum with the business needs of industry

Be prepared for careers requiring advanced technology by increasing focus in the STEM field both at the K-12 and secondary levels

Continue to combat the challenges facing the region’s public-school system and work toward improvement

Diversify employment opportunities that will grow our per capita income

TheLINK Regional Snapshot Report

15


An Economic Development Alliance Representing Lee and Sumter Counties, South Carolina

10 East Liberty Street, Sumter, SC 29150 www.TheLinkSC.ccom | 800.888.7926 TheLINK is a public-private economic development organization charged with facilitating the creation of jobs and the investment of capital in our region. Governed by a board of directors comprised of business leaders and public officials throughout our region, TheLINK is a 501 c3 nonprofit organization recognized by the South Carolina Secretary of State.

Designed and Published by: SC Biz News www.scbiznews.com


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