South Carolina leads U.S. states in GDP growth for first quarter of 2025

Jamie Carsten, Chair
Jamie Carsten, Chair - Greater Florence Chamber Of Commerce
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South Carolina recorded the highest real gross domestic product (GDP) growth in the United States during the first quarter of 2025, according to data released by the Bureau of Labor Statistics. The state’s GDP grew by 1.7%, outpacing all other states.

GDP measures the market value of all final goods and services produced within a specific period. While most states—39 in total—experienced declines in real GDP growth, South Carolina’s economy expanded due to strong economic activity, ongoing investment, and significant population increases.

The state also ranked fourth nationally for personal income growth during the same period and was second in the Southeast region, behind only Mississippi.

Further details are available from the Bureau of Labor Statistics at https://www.bls.gov/.

“South Carolina experienced the highest growth in real gross domestic product (GDP) in the country at 1.7% during the first quarter of 2025,” according to data released earlier this summer by the Bureau of Labor Statistics (BLS).

“South Carolina also ranked fourth in the country for personal income growth in Q1, and second in the Southeast (trailing only Mississippi).”

“While 39 states saw their real GDP growth decline, as it did in the United States as a whole, South Carolina led the way thanks to a booming economy, continued economic investment and unprecedented levels of population growth.”



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