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Is Our Economy Ready for 2020?

South Carolina Business Review logo

Each month we bring you a conversation with one of our state’s leading economists to share with you their thoughts on not only our local economy but the big picture, as well.

Today, Mike Switzer checks in with Frank Hefner, the director of the Office of Economic Analysis at the College of Charleston in Charleston, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.