Economy

Economy: Money on the Table

Postsecondary education pays off. That’s true for Georgians who earn college degrees as well as for Georgia’s economy as a whole. And it’s true during good economic times and bad ones. Despite COVID-19, the payoff is likely to increase in…

Economy: Automation Acceleration

As we look ahead to life and work after a pandemic, one legacy of COVID-19 will surely be the accelerated adoption of automation, artificial intelligence (AI) and other technologies that facilitate remote work and social distancing. In addition to making…

Economy: Will We Recover?

COVID-19 unexpectedly ended the nation’s record-long economic expansion, triggering sharp declines in economic activity and employment. Full recovery from the COVID-19 recession will not come quickly, but we will get through this. Georgia’s economic development prowess and a pipeline full…

Economy: Atlanta Ascending

This year, Atlanta can expect continued economic expansion, underpinned by business development, an educated workforce, innovation, above-average population growth and the housing recovery. The pace of job growth, however, will slow sharply, reflecting external factors such as the trade war,…

Economy: Slower Growth

It’s a new decade, and 2020 calls for economic expansion in Georgia to continue, but growth in state GDP and employment will decelerate significantly. Six forces will keep Georgia’s economy growing in 2020. First, consumer spending will be the most…

Economy: Logistics in Motion

Georgia’s logistics industry is a substantial and dependable source of jobs, economic activity and economic growth. The large number of economic development announcements over the last few years strongly implies that once we get past the trade war, the prospects…

Economy: Macon Momentum

Macon is building momentum for growth. Assuming that the trade war does not intensify – and recession therefore is avoided – Macon’s total employment will rise by 0.8 percent this year (800 jobs) and 0.3 percent in 2020 (300 jobs).…

Economy: Successful Savannah

The Savannah metropolitan statistical area (MSA), which includes Bryan, Chatham and Effingham counties, is an economic star. The MSA’s multiple personality, which includes tourist attractions, a major airbase, an aerospace manufacturing center, a modern deepwater port and a regional hub…

Economy: Optimistic Outlook

The economic outlook for the Augusta metropolitan statistical area (MSA) is favorable for the remainder of this year. Employment is expected to increase by 5,400 jobs. The 2.2 percent pace of job growth is the highest anticipated for any of…