Economics

Gov. Henry McMaster (R) has signed H. 3430 into law. Titled the Tort Reform and Liquor Liability law, its goal is to reform the state’s liability laws and address rising insurance costs for businesses. It also creates safety and insurance guidelines for businesses that serve alcohol. “In March, we called on the General Assembly to take bold action on tort reform by finding a commonsense solution that provides accountability, certainty, and just compensation without damaging our economy,” said McMaster in a bill signing ceremony broadcast on SCETV. “Getting to this

The U.S. International Trade Commission (ITC) will soon make a final determination in the antidumping and countervailing duties (AD/CVD) case concerning Chinese low-speed vehicle imports. Club Car leaders and other representatives of the coalition representing the United States’ leading manufacturers of golf and personal transportation vehicles (PTVs) recently traveled to Capitol Hill to meet with Congressional leaders and seek support. The above picture on Capitol Hill features Congressman Rick Allen (GA-12), who met with leaders from Club Car and EZ-GO in Washington, D.C., to address the impact of illegally dumped

The initial numbers looked good, and the final numbers look even better for how Augusta Regional Airport fared during Master 2025. Ken Hinkle, Director of Aircraft Services, provided members of the Aviation Commission with the impact of aircraft traffic on jet fuel sales and broke down the fees versus expenses and operational costs. Hinkle said one difference this year was the decision to begin parking aircraft on the other side of the runways. That increased the number of aircraft they could accommodate. The report breaks down operations, which are every

Members of the Aviation Commission learned how two federal grants, first approved by the Augusta-Richmond County Commission, will be used at Augusta Regional Airport. In all, the grants from the Federal Aviation Administration (FAA) total just over $5 million. The grant for the Airport Terminal Program (ATP) is $4 million, the remainder is an Airport Infrastructure Grant (AIG). Herbert Judon, Jr., airport Executive Director, told ABD the funds for the ATP became available through the Bipartisan Infrastructure Law passed in 2021. “It was a competitive grant. We were awarded that