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.
By Guest Columnist JOHN MATTHEWS, a retired city planner who specialized in urban growth policy and a retired instructor at both Georgia State’s Andrew Young School of Policy Studies and at Georgia Tech
Metropolitan Atlanta is seeing the creation of an increasing number of local governments; there are many new cities and more are sure to come. There is additional movement to allow creation of new small school districts tied to the new cities.
Georgia has created a position, paid with public/private funds, to recruit and retain hunters and shooters. The purpose is to maintain and grow the level of funding for conservation and law enforcement on state land, according to the state Department of Natural Resources.
If we can get the City, the BeltLine and APS all working in concert to promote quality development in marginal Atlanta neighborhoods, an economic renaissance could be in our future.
The bottom line is that multi-use trails have a greater economic return on investments than stand-alone parks. Trails also are a way to provide greater equity by offering greater access to green space that connects diverse neighborhoods.
Atlanta Mayor Kasim Reed’s work during two trade missions, one to Brazil and one to Mexico, helped convince Brazil’s largest credit card processor to select Atlanta for the corporate headquarters of a financial services division.