Metro Atlanta’s economic engine is humming right along, according to a new report that factors in the estimated 6,500 jobs lost in the region in the past year but not the unknown fallout from the announced merger of SunTrust and BB&T.
Metro Atlanta ranks 10th out of the nation’s top 15 metro regions for investment potential in commercial loans, according to a new report by the industry watcher Trepp. In a small way, the bankruptcy of a popular bicycle business with four shops in the region shows why metro Atlanta isn’t ranked higher.
The real-time snapshot of the Southeast regional economy released Wednesday by the Federal Reserve cites concerns over politics and trade. This notion of unease tracks comments in a speech the Fed’s vice chairman delivered last week, when he observed that patience is the watchword at the start of 2019.
Incoming Gov. Brian Kemp has the benefit of delivering his first budget proposal to the Legislature as the state economy continues to expand and spin off an increasing amount of tax revenues, according to an economic outlook contained in a new policy brief by Georgia’s state economist.
The site of a former Houston’s restaurant, across Lenox Road from the mall, is just the type of property that could accommodate a trophy asset the current and near-future economy could support. This comes at a time a new report from CBRE suggests some potential commercial developments may not make much economic sense because of skyrocketing construction costs in metro Atlanta.
The market’s having a lousy year, but politically, the nation seems not to have noticed. Opinions about the economy, always subject to political leanings, seem increasingly less tethered to objective data.
Jobs remain hard to fill in metro Atlanta and across the Southeast, though business leaders continue to resist raising wages to attract employees, according to the latest federal report on the economy.
A tight labor market remains a big story in metro Atlanta and the Southeastern United States, and the latest economic survey by the Federal Reserves shows employers remain resistant to raising wages to attract workers.
A large swath of economically challenged Georgia communities got a boost from the Trump administration in the weeks after Georgia lawmakers passed a package of legislation aimed at helping rural areas where folks struggle to make ends meet.
President Trump’s new and proposed trade tariffs do not appear to be of concern in metro Atlanta and across the Southeast, though they are causing heartburn in other regions of the country, according to the Federal Reserve’s survey of the economy released Wednesday.
By Guest Columnist SHANE JACKSON, president of Jackson Healthcare of Alpharetta
Warren Buffet, one of the most successful businessmen in U.S. history, has called the soaring cost of healthcare a “tapeworm” on the American economy. He and two other Wall Street giants, Jeff Bezos of Amazon and Jamie Dimon of JP Morgan, have announced a joint venture in an attempt to dramatically reduce the inflationary pressure on healthcare delivery.
Two federal reports released Wednesday dashed chilled water on the housing market in metro Atlanta and across the Southeast. One report predicted a continuing status quo of modest growth, and another forecast a weakening market due to the new federal tax law.
The economy in the Southeast picked up modestly in July through mid August. An anomaly in the region, compared to elsewhere in the country, is that employers looked for alternatives to hiring when a job became open, according to the latest survey released Wednesday by the Federal Reserve.
The bottom line of a nuanced report on Georgia’s shrinking middle class is that the divide between the wealthy and low income is becoming ever more stark and could create wide-reaching impacts, according to the authors at Georgia State University.
Metro Atlanta ranked 10th in the nation in the proportion of jobs created by start-up companies in 2014, according to a Census report that was overlooked initially, and then overshadowed by another report showing an increase in real household income.
The growth of Georgia’s economy will be measurably impacted by the strained economies of trade partners who last year purchased nearly $40 billion in Georgia-made goods, Georgia State University’s top economist observed Wednesday.
The Atlanta Fed released Wednesday an anecdotal report of economic activity that shows the South remains a bit of an outlier in relation to the rest of the nation. The differences were both positive and less than positive as the Federal Reserve is likely to consider a rate hike next week.