The Economic Research Section analyzes
economic and revenue data; monitors state and local government
revenue trends; estimates inflation rates; and evaluates the
effect of State policies on revenues and the State's economy, of
national policies on the State, and of economic impacts of
specific activities.
The Section also administers certain mandated requirements for
the South Carolina Budget & Control Board Office of Research
and Statistics and provides impact analyses for the Board of
Economic Advisors, Department of Commerce, the Department of
Education, the Department of Transportation, and the Department of
Social Services.
The Section analyzes changes in cost of living and increases in
State employee salaries for the Office of Human Resource
Management and the SC Retirement Systems. This program improves
the efficiency of government by ensuring the stability of
adjustments to formulas funding and Education Finance Act, teacher
salaries and incentives, and nursing homes.
