Brunswick’s economy tilts towards hospitality, leisure, logistics, retail and government. The economy depends heavily on international trade. The risk of local recession therefore is high, and job growth will slow even if the trade war and the federal government restructuring…
Thanks to the local military base, a thriving state college and a strong healthcare industry, the forecast for Valdosta is good. The combination of economic development projects and higher enrollment at Valdosta State University (VSU) will contribute to job growth.…
Atlanta’s labor market will remain healthy due to its high concentration of IT, distribution and life sciences companies; service-producing industries; e-commerce fulfillment centers; institutions of higher education; healthcare providers; and headquarters operations.…
Gainesville’s economy will continue to outperform the state and national economies. Gainesville’s comparatively good outlook reflects several factors, including the considerable number of expansion projects announced over the last decade; growth of the medical, educational and tourism industries; favorable demographics…
Albany’s economy is likely to perform on par with the U.S. economy. Economic growth may slow in 2025 but it is unlikely to stall, mostly because of success in landing private-sector economic development projects. This is due in part to…
In 2024, I predict solid growth for Athens’ economy because of remarkable success in landing private-sector economic development projects – for example, Meissner Corp.’s decision to build a major manufacturing campus in Athens will create over 1,700 jobs over the…
Thanks to Georgia’s recent economic development successes and strong demographics, our economy will perform better than the nation in the coming year. Nationally, I expect an economic slowdown in 2024 but not a recession. I estimate the probability of a…
Recent economic development successes have Columbus poised to outperform the state and the nation in 2024. Earlier this year, Pratt & Whitney announced the expansion of its operations in Columbus, which will create about 400 jobs. In mid-2022, AFB International…
How much does Glynn County benefit economically from Jekyll Island? On behalf of the Jekyll Island Authority, I answered this – and the numbers are substantial. Jekyll Island’s fiscal year 2022 economic impact on Glynn County includes: $1.1 billion in…
Rome’s economy is likely to grow slightly faster than the U.S. economy, but slightly slower than Georgia’s. Positives include recent economic development success, a diverse mix of manufacturing activities, links to the auto assembly industry, proximity to the Appalachian Regional…
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