Latest Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach
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MYRTLE BEACH, SC · GRAND STRAND EDITION · THURSDAY, JULY 16, 2026
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Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach Horry County's Swing Bridges: Aiding Traffic Flow in Myrtle Beach A Decade In: US 501 Roadwork Continues to Reshape Access to Myrtle Beach Myrtle Beach Businesses Monitor Global Markets Amid Cautious Opening SK Hynix Share Sale Highlights AI Memory Demand, With Global Implications for Myrtle Beach Delta's Revenue Report Highlights Rising Airfares for Myrtle Beach Travelers This Summer SK Hynix U.S. Debut Reflects AI-Chip Demand, With Potential Ripple Effects for Myrtle Beach Holtec Nuclear IPO Filing Signals Broader Energy Trends for Myrtle Beach Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach Horry County’s Swing Bridges: Aiding Traffic Flow in Myrtle Beach A Decade In: US 501 Roadwork Continues to Reshape Access to Myrtle Beach Myrtle Beach Businesses Monitor Global Markets Amid Cautious Opening SK Hynix Share Sale Highlights AI Memory Demand, With Global Implications for Myrtle Beach Delta’s Revenue Report Highlights Rising Airfares for Myrtle Beach Travelers This Summer SK Hynix U.S. Debut Reflects AI-Chip Demand, With Potential Ripple Effects for Myrtle Beach Holtec Nuclear IPO Filing Signals Broader Energy Trends for Myrtle Beach Global Tensions in Strait of Hormuz Impact Markets, Echo in Myrtle Beach Second-Quarter Earnings Season Begins, With National Trends Watched in Myrtle Beach Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach Horry County's Swing Bridges: Aiding Traffic Flow in Myrtle Beach A Decade In: US 501 Roadwork Continues to Reshape Access to Myrtle Beach Myrtle Beach Businesses Monitor Global Markets Amid Cautious Opening SK Hynix Share Sale Highlights AI Memory Demand, With Global Implications for Myrtle Beach Delta's Revenue Report Highlights Rising Airfares for Myrtle Beach Travelers This Summer SK Hynix U.S. Debut Reflects AI-Chip Demand, With Potential Ripple Effects for Myrtle Beach Holtec Nuclear IPO Filing Signals Broader Energy Trends for Myrtle Beach Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach Horry County’s Swing Bridges: Aiding Traffic Flow in Myrtle Beach A Decade In: US 501 Roadwork Continues to Reshape Access to Myrtle Beach Myrtle Beach Businesses Monitor Global Markets Amid Cautious Opening SK Hynix Share Sale Highlights AI Memory Demand, With Global Implications for Myrtle Beach Delta’s Revenue Report Highlights Rising Airfares for Myrtle Beach Travelers This Summer SK Hynix U.S. Debut Reflects AI-Chip Demand, With Potential Ripple Effects for Myrtle Beach Holtec Nuclear IPO Filing Signals Broader Energy Trends for Myrtle Beach Global Tensions in Strait of Hormuz Impact Markets, Echo in Myrtle Beach Second-Quarter Earnings Season Begins, With National Trends Watched in Myrtle Beach
● Myrtle Beach SC Business & Economy

Myrtle Beach SC Business News

Myrtle Beach's economy is built on tourism — 20 million annual visitors, 100+ golf courses, and 60+ miles of Atlantic shoreline make the Grand Strand one of the most visited beach destinations on the East Coast. The county economy was a $18.0 billion engine (2023 estimate). Unemployment ran at 3.8% through 2024, against a state rate of 4.1%. South Carolina is a right-to-work state.

What anchors the Myrtle Beach economy

  • Horry County School District.
  • Coastal Carolina University.
  • Horry County Government.
  • Conway Medical Center.

Beyond the headlines

The economy reaches into Real Estate & Construction, Healthcare Delivery, Education, and Golf & Recreation Economy. Myrtle Beach is corporate home to HTC (Horry Telephone Cooperative) — Conway, SC; largest independent telecom in SC and Burroughs & Chapin Company — Myrtle Beach, SC; founding real estate development company of the Grand Strand. The single largest taxpayer in the county is Resort and hospitality property owners (combined).

How HERE Myrtle Beach covers it

We track every layer of the Myrtle Beach economy: corporate relocations, retail openings, restaurant launches, workforce trends, commercial real estate, supplier announcements, hospital and university capital projects, and the local, state, and federal government decisions that shape how businesses here grow. If it affects business in Horry County, it's HERE.

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HERE Myrtle Beach Economic Indicators

July 16, 2026
Monthly & Quarterly
Last pulled Jul 16
3.9%
Unemployment Rate
▼ 4.9% YOY
BLS via FRED · May 2026
$284K
Median Home Price
Redfin (Feb 2026)
Horry
2.8%
Office Vacancy (CBD)
▼ 31.2% YOY
Colliers · Q3 2025
$3.5B
Active Dev Pipeline
20 projects · 1,024 jobs
Myrtle Beach Economic Development
Also
Tracking
Total Employment 0.2K ▲ +0.6% YOY
County Population 381 ▲ +3.0% YOY
Daily metrics from HERE coverage · Government data via FRED, Redfin

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Horry County Development Deal to Aid SC 31 Project Funding in Myrtle Beach

Horry County has finalized a development agreement intended to contribute to the funding of the SC 31 highway project, addressing the growing infrastructure needs of the region. SC 31, also known as the Carolina Bays Parkway, is a critical artery for traffic flow across the Grand Strand, serving as an inland bypass for US-17. Its […]

July 15, 2026
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July 15, 2026

Horry County, home to Myrtle Beach, relies on three swing bridges to facilitate movement across its waterways, particularly the Intracoastal…

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July 15, 2026

A decade after initial planning and construction began, substantial advancements are now evident on the long-term infrastructure project targeting US…

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July 15, 2026

Global financial markets began the trading day on Wednesday, July 15, 2026, with a cautious tone as investors closely monitored…

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