ASTA To Burke: Georgia’s international corporate community continues to grow. As 2007 was winding down, there came the announcement that the Malaysian manufacturer ASTA Inc. would locate its first U.S. plant in Burke County near Waynesboro. ASTA produces a number…
Last year, Delta’s successful emergence from bankruptcy eliminated one of the headwinds restraining Georgia economic growth, but in 2008 high fuel costs and a possible merger cloud the outlook for Atlanta’s largest employer. Meanwhile, other airlines, especially AirTran, will continue…
Georgia’s Got Game: Since 2005, an emerging sector of the Georgia economy has tiptoed its way to importance, barely getting a glance from trend watchers. “It’s very, very low under the radar,” says Georgia Department of Economic Development Deputy Commissioner…
Two years ago, insurers posted their best underwriting performance in 57 years. They did that by emphasizing premium growth over market share. Last year, the industry’s re-focus on fundamental underwriting standards was sorely tested. Insurers flinched and premiums declined, but…
Georgia Commissioner of Labor Michael Thurmond, sitting in the conference room of his Atlanta office discussing the job market for 2008, zeroes in on a key development. “The first baby boomer [has] qualified for Social Security,” he says. Thurmond is…
The coast with the most: After decades of spotty growth, the southern third of Georgia is alive with planned projects that forecast an Atlanta-like economic boom. Out-of-state developers, it seems, are finding proximities to Florida, especially those along an interstate,…
The 2008 forecast calls for Georgia’s inflation-adjusted GSP to increase by 2.4 percent, only slightly lower than the 2.6 percent advance estimated for 2007. Although the percentage gain will be down from last year, it will be higher than the…
Back In The Saddle: When Mike Vollmer retired from 30 years of public service to his state, he envisioned a future that would unfold at a leisurely pace. But he barely had time to get to a recliner and a…
Due to the deepening of the housing recession and a series of financial shocks, the pace of inflation-adjusted GDP growth will remain subdued in 2008. What initially appeared to be a near perfect soft landing for the U.S. economy morphed…
When Patricia Williams left Washington, DC, she chose Atlanta as her next hometown for two reasons: the climate and MARTA. “I wanted to live in a warmer place – who needs six feet of snow? And I wanted a mass…
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