In 2023, I expect a mild recession for both the national and state economies, but growth will slow rather than stop in Savannah. The metropolitan statistical area (MSA) will add jobs this year, but fewer than in 2022. Let’s call…
The Port of Savannah stands ready to absorb its share of the massive impact from the $5.5 billion Hyundai electric vehicle plant taking shape in neighboring Bryan County. A policy of advance planning and a dose of experience with the…
Thanks to several state-specific factors, Georgia continues to outpace the nation in economic growth. Our annual outlook for the Peach State’s primary industries is based on research from the Selig Center for Economic Growth at University of Georgia’s Terry College…
When South Korea’s Hyundai Motor Group announced in May 2022 its intention to build a $5.4 billion plant to produce electric vehicles in Bryan County, the jolt it sent through Southeast Georgia proved electric, too. Proximity to the ports of…
In 2023, Warner Robins’ economy should outperform both the state and the nation, adding jobs despite the recession. My forecast reflects the presence of the Robins Air Base, recent economic development success, solid population growth, a good match of the…
Another month, another (near) record. That’s becoming a familiar story at the Georgia Ports Authority, which reported its second-busiest month in October, when the Port of Savannah handled 552,800 twenty-foot equivalent container units. That’s an increase of 9.6% compared to…
It’s been more than five years since Savannah first welcomed the biggest container ship to dock at an East Coast port. It carried about 14,000 twenty-foot-equivalent container units (TEUs) of cargo. Thanks to the tireless effort and vision of the…
Cordele is known as the Watermelon Capital of the World, but it is broadening its bragging rights. Growth in the residential sector, expanding commercial and industrial activity and a rise in tourism attractions are all contributing to the South Georgia…
Elections between two candidates are a choice, not a referendum. In a referendum on an issue, a voter who dislikes the proposal can vote no. In an election, there’s no “none of the above” option, but voters might cast their…
Thanks to Fort Stewart, the Hinesville metropolitan statistical area’s (MSA) economy performed well during the pandemic recession and recovered quickly. From peak-to-trough, Hinesville lost 9% of its jobs, which is much smaller than the 13% loss posted by the state…
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