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Economy of Charleston


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Carolina Company, a grocery store chain with stores in South Carolina and Georgia, is headquartered in the city. Charleston is becoming a prime location for information technology jobs and corporations and has experienced the highest growth in this sector between 2011 and 2012 due in large part to the Charleston Digital Corridor. In 2013, the Milken Institute ranked the Charleston region the ninth best performing economy in the US due in large part to the growing IT sector. Notable companies include Blackbaud, SPARC, Boom Town, CSS and Benefit focus. Higher education is also an important sector in the local economy, with institutions such as the Medical University of South Carolina, College of Charleston, The Citadel, The Military College of South Carolina, and Charleston School of Law. Charleston is also an important art destination, named a top 25 arts destination by American Style magazine
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