Shipping business through the Port of Charleston was up about 26 percent in July, for the month. That’s our best month since October of 2008, so that’s very good news for the economy. At the same time, we’re not exactly quite out of the woods yet with what we are seeing across the broader, national and global economic situation. So, we’ll see what happens in the coming months, we don’t think we’ll be able to keep up the 26 percent growth obviously.
SPA spokesman Byron Miller says despite the uncertainy about the level of business growth, port officials did make an announcement that makes the future look a little brighter.
The Ports Authority approved about $23 million in work for local companies. We are going to hire local contractors here, Banks Construction, Newkirk Environmental, to do almost $23 million worth of projects associated with improvements at the port. So, that’s good money into the local economy and jobs when our economy could really use it.
Miller says work will begin in October and the projects will be completed by April, 2011.