The Regional Economic Scorecard is the region’s objective analysis of the local economy and serves as the catalyst for engaging business and community leaders in thoughtful dialogue about progress, roadblocks, and solutions to improve economic competitiveness.
To ensure the objectivity and technical accuracy of the Scorecard information, the Clemson Institute for Economic and Community Development was hired to conduct the research and to help craft the final community report. The 2012 report was funded in part by ACCELERATE!, the Community Foundation of Greenville, United Way of Greenville County, University Center of Greenville and the Upstate SC Alliance.
Overall 2012 Scorecard results indicate that while the area’s economy has gained ground relative to the nation in terms of personal income growth, there are underlying issues which still need attention. Greenville County’s per capita income in 2010 was $33,917, significantly less than the national average of $39,937. If Greenville’s income was on par with the national average, there would be $1.59 billion in extra spendable in our community each year. Expanded to the Upstate region, there would be over $11 billion.
On occasion, the Greenville Chamber, the Greenville Chamber Foundation and related organizations enter into contracts with outside entities to conduct research necessary to further our community competitiveness agenda. It is our policy that "indirect/general overhead/administrative" cost assessments (i.e. those typically expressed as arbitrary "factors" or flat percentage cost add‐ons) often applied to grant proposal budgets by large educational and/or research institutions are not acceptable and will not be included in the amount of any projects awarded. However, direct costs can be added to the budget.