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.
Tag: Economy
Posted inColumns
CEOs can do more to reduce healthcare costs than the government or insurers
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.
Posted inLatest News
Metro Atlanta housing futures dinged in two new federal reports
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.
Posted inHigher Education, Thought Leader, Uncategorized
Georgia Predicted to Add Jobs, Personal Income Growth Anticipated for 2018
The continuing stock market bull run, corporate tax law changes, and other national and international factors will continue to support growth in metro Atlanta and Georgia’s large corporate activities sector, according to the latest report from the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. The forecast, released Feb. 28, […]
Posted inMetro Business, Thought Leader
Georgia’s talent production edge over the Bay Area
By Tom Cunningham, chief economist, Metro Atlanta Chamber When visiting emerging tech companies as a part of the Metro Atlanta Chamber’s Backed By ATL initiative, one entrepreneur noted that he preferred locating in Atlanta over Silicon Valley because new tech leadership talent, while difficult to find anywhere, was easier to find here than there. If […]
Posted inArts & Culture Seen, Thought Leader
Welcome to the Stage
By Doug Shipman, President and CEO of The Woodruff Arts Center Welcome to the Arts Community! That phrase can be applied in many different ways: it’s a welcome that has been extended to me many times over the past few months since I became CEO of The Woodruff Arts Center. A hearty welcome should certainly […]
Posted inLatest News
Loathe to hire, for whatever reason, some companies turn away business
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.
Posted inUncategorized
Economic Forecast: Georgia’s Job Growth Expected to Moderate
By Rajeev Dhawan, Zwerner Chair of Economic Forecasting and director of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business A strong dollar, trading partner growth woes and factors beyond American borders will continue to have a moderating impact on Georgia’s manufacturing and corporate sector gains. In the first half […]
Posted inHigher Education, Thought Leader, Uncategorized
A State of Good Repair: How Infrastructure Maintenance Reduces Inequality and Spurs Economic Growth
By John Gibson and Felix Rioja Policymakers on both sides of the political divide are considering expanding infrastructure-related spending. However, the exact dollar amount needed and where best to target these funds is still a subject of debate. While new projects clearly garner more attention from the press, maintenance in the form of fixing roads […]
Posted inColumns
Georgia’s middle class is disappearing; GSU report can’t say where it’s going, or why
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.
Posted inLatest News
GSU economist expects downturn in Georgia as Trump tariffs slow export sector
In his first forecast after Donald Trump’s election, Georgia State University economist Rajeev Dhawan predicted Wednesday that Georgia’s export economy will slow as the president enacts tariffs.
Posted inLatest News
Job creation by start-ups on uptick in metro Atlanta, says overlooked Census report
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.
Posted inLatest News
Georgia’s economy faces global headwinds, says GSU’s top economist
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.
Posted inColumns
GSU report predicts drop in Ga. manufacturing jobs, regardless of federal, state policies
A new report from Georgia State University predicts a steep drop in manufacturing jobs in Georgia through 2035. Federal and state policies are not likely to reverse this economic force.
Posted inLatest News
Atlanta Fed reports mixed economic activity as rate hike on table next week
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.
Posted inLatest News
GSU economist predicts Fed won’t hike rates; local job gains remain muted
The head of Georgia State University’s Economic Forecasting Center has discounted the likelihood that the Federal Reserve will raise interest rates at meetings next week.
Posted inColumns
Creating new cities causes social and economic fallout
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.
Posted inDavid Pendered, Latest News, Main Slider
Georgia adds solar jobs as Georgia Power seeks to buy additional 100 MW of solar power
Georgia added about 285 solar jobs in 2015, moving the state to 15th place in the nation in terms of the number of solar jobs, according to the 2015 jobs census by The Solar Foundation.
Posted inDavid Pendered, Latest News, Main Slider
Georgia creates job to boost hunting, shooting to raise funds for conservation programs
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.
Posted inDavid Pendered, Latest News, Main Slider
SunTrust launches campaign to help reduce financial stress felt by 3 of 4 in U.S.
SunTrust has purchased a TV ad during Super Bowl 50 to launch a consumer education campaign. It intends to help people ease their financial stress by helping them improve their skills managing money.
