OnPoint on WACH Fox: Impact of small businesses on SC’s economy

COLUMBIA, S.C. (WACH) – This week on OnPoint on WACH Fox, we are celebrating the impact of small businesses on South Carolina’s economy.

Small businesses are the “backbone” of the state’s economy, representing 99.4% of all businesses-in the state as of mid-2025. They have a profound impact on the local labor market, recently driving the majority of new job growth across the Palmetto State.