So how is the #Georgia economy doing?

The Federal Reserve Bank of Atlanta recently released its September 2013 data digest for Georgia.  The state is experiencing slow but consistent growth since the recession of 2007-2009 ravaged Georgia.  Here some of the highlights from the report:

  • Georgia’s economic performance has improved steadily since December 2009;
  • Employment in Georgia has slowly improved since the end of the 2007-2009 recession;
  • While leisure, hospitality, education, healthcare, and business services employment now exceed pre-recession levels, construction and manufacturing are two sectors that have slowly been adding jobs back to economy due to extent they were hit by recession;
  • State and federal government employment remained weak in July 2013;
  • Metro Atlanta experienced an 8.4% drop in employment as a result of the recession but has seen a 7.5% increase in employment since hitting labor’s rock-bottom;
  • Metro Atlanta enjoys the most employment growth momentum in Georgia;
  • Georgia’s sales tax revenue is lower than sales tax revenue collected in 2012; and
  • Georgia’s unemployment rate stood at 8.8% in July 2013.

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
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