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The 2007 Comprehensive Annual Financial Report states that, although manufacturing still plays a big role in the State's economy, South Carolina's economic base has become more diversified including growth in leisure and hospitality, retail trade and service. Employment in the State's manufacturing sector has been declining and now represents only about 14%, a decrease from 16% over the past five years.

Non-durable goods manufacturing, primarily related to the textile and apparel industry, has seen the greatest decline over the past five years. Offsetting these declines was growth in the manufacturing of other goods, such as the production of transportation equipment, fabricated metals, and chemicals.

The strongest employment gains have been in the State's service sector which has risen from 34% of total employment to 37% during the past five years. This sector, fueled by tourism, educational, and healthcare industries has contributed to a more diversified overall employment base and improved income levels.

The tobacco industry in South Carolina is key.

So are fishing and tourism.

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