2024 Economic Yearbook
Energy and Technology
Fiscal Year 2024, which began last July, is proving to be yet another period of strong growth and development, especially in the e-mobility, clean tech and energy sectors.
“A reliable energy grid, maintained by the state’s utility companies, keeps Georgia competitive for energy-intensive sectors such as manufacturing and clean energy,” says Kristi Brigman, deputy commissioner of Global Commerce at the Georgia Department of Economic Development (GDEcD).
Speed to market is another key factor. The state’s investment in infrastructure and site preparation throughout its 159 counties encourages new opportunities for jobseekers and businesses alike.
The GDEcD’s economic development figures through December 2023 are eye-opening:
- $24 billion+ invested in facility expansions and new locations
- 38,400 new jobs created
- 426 projects announced.
These figures span all industries – from aerospace, agribusiness and automotive to logistics, fintech and film production.
And while Metro Atlanta continues to play a critical role in the state’s economy, much of the growth has occurred outside the 10-county region, including more than $20 billion in investments and 82% of new jobs created.
Georgia Trend’s 2024 Economic Yearbook showcases many of the projects and people behind the numbers. Their efforts are part of the reason that Georgia has been named the No. 1 state for doing business for a record 10 consecutive years.
