Jeffrey Humphreys

Economy: Positive Outlook

The 2022 economic forecast for Georgia is positive and the pattern of slightly faster economic recovery for the state than for the U.S. will continue. Last year, I predicted that Georgia’s economic recovery would occur in three distinct phases: an…

Economy: Jobs Recovery

Georgia will fully recover the jobs lost to the COVID-19 recession much faster than it recovered jobs lost to either the 2001 recession or the Great Recession. Of course, the jobless recoveries that followed those recessions set a low bar.…

2021 Industry Outlook

While the COVID-19 pandemic seriously damaged Georgia’s economy last year, the state fared better than the nation, and many forces are at work that will sustain economic recovery throughout 2021. In fact, the forecast calls for Georgia’s inflation-adjusted gross domestic…