South Carolina revenues up, but no one knows if it will last
By Associated Press
South Carolina economists decided Friday to make no changes to 3-month-old revenue estimates because COVID-19 is still causing so much uncertainty in the economy.
Revenues in South Carolina have grown nearly 5% since the fiscal year started in July, while official estimates predicted a 3.5% decline. That's good news on its face, said state Revenue and Fiscal Affairs Office Executive Director Frank Rainwater.
But Rainwater said behind that number are a lot ...