More job openings, more consumer purchasing power, and more worker shortages in 2025—that was the view of several expert economists in December at the 44th annual Economic Outlook Conference in Columbia, South Carolina.
Held by the University of South Carolina’s Darla Moore School of Business, the conference featured one U.S. Chamber of Commerce economist, one human resources solutions CEO, and two USC professors and researchers, all of whom anticipate the coming year to bring more economic stability to the Palmetto State because of signs and trends from 2024.
“We are entering a new era—moving away from a Pandemic bubble and toward more sustainable growth rates going forward,” said keynote speaker Professor Joseph Von Nessen, research economist with the business school. “This adjustment period is, for the most part, behind us … which allows us to move into more sustainable growth territory in 2025.”…