economist

MATTHEW HENSLEY | INDEX-JOURNAL

University of South Carolina professor Douglas Woodward presented an economic forecast of the nation, state and region Tuesday morning at a Greenwood Area Chamber of Commerce-sponsored business breakfast.

President Donald Trump’s call for economic nationalism could bring big adjustments to the United States, but South Carolina is in a strong position to cope with any major changes, an economist told Greenwood business leaders Tuesday.

“We’re in a really sweet spot right now. We’ve got really good growth in South Carolina,” said Douglas Woodward, a professor of economics at the University of South Carolina and director of its research division. “With consumer spending, the housing market coming back, there is a growing labor market. We’re optimistic that 2017 is going to be a good year.”