COLUMBIA, SC – The S.C. Board of Economic Advisors (BEA) voted Thursday to increase its revenue forecast for the current fiscal year ending June 30, 2021 as recent data showed economic activity did not fall as expected earlier in the fiscal year. The BEA had reduced its Fiscal Year (FY) 2020-21 revenue estimate prior to the pandemic by $803.7 million in November 2020. Today’s action restored $610.4 million of that reduction.

COLUMBIA, SC – The S.C. Board of Economic Advisors (BEA) reported Friday the state's economic activity has preformed better than anticipated as tax
collections through January have outpaced projections for the current fiscal year by approximately $440.2 million.

COLUMBIA, SC – The S.C. Board of Economic Advisors (BEA) forecast Tuesday a modest revenue increase for next fiscal year as it recognized the COVID-19 pandemic has increased economic uncertainty and will continue to constrain the state's growth.