Economy

One job out of every 40 in Georgia owes its existence to life sciences – the industry itself, research and development or the presence of the CDC in Atlanta.

In sheer dollar power, U.S. Hispanics’ economic clout rose to $1.2 trillion in 2012.

One out of every 12 Georgia jobs is in some way dependent on the state’s deepwater ports. Each of the 159 counties benefits.

The increasing number of successful Asian entrepreneurs helps boost the group’s spending clout.

Home prices are holding up better in Columbus than at either the state or national level.

High fuel costs mean that truckers will face more competition from the railroads, which are much more fuel efficient.

The risk that a negative external shock or major policy mistake will tip our economy back into a recession is 40 percent for the U.S. and 45 percent for Georgia.

It will be at least 2015 before the labor market replaces the 8.8 million jobs lost during the period leading up to, during and in the immediate wake of the recession.

Painful as it has been, the restructuring of Georgia’s economy should enhance the state’s competitiveness going forward.