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Georgia economic development chief: Momentum means optimism for 2021

Source: Atlanta Business Chronicle Despite 2020’s uncertain realities and significant change, Georgia turned those 2020 buzzwords – “pivot,” “adapt,” even “unprecedented” – into good news. By partnering with our employers and communities in confronting challenges from COVID-19 head-on, we’ve regained …
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Speculative Cold Building Development: Trends and Strategies

Source: NAIOP Image Source: Pexels.com This sector of industrial was booming even before the pandemic, and future demand is expected to soar even higher. In the age of one-hour package shipments, the infrastructure needed to serve a growing on-demand culture is …
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Economic Forecast 2021: Atlanta will recover faster than the nation

Source: Atlanta Business Chronicle Atlanta’s recovery from the economic impact of the COVID-19 pandemic will outpace the nation’s in 2021, driven by the metro area’s educated workforce, consistent business development and innovation, above-average population growth and strong housing market, according …
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UGA business school dean: ‘COVID-19 recession is over’

Image from Atlanta Business Chronicle Source: Atlanta Business Chronicle Despite rising cases of COVID-19 in Georgia, the recession brought on by the pandemic was one of the shortest on record, and according to economists, it is practically a thing of …
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Hyundai TRANSYS to add 678 jobs in Georgia expansion

Source: Atlanta Business Chronicle An automotive parts producer that specializes in transmissions says it will expand its Georgia operations with a $240 million investment that includes adding hundreds of new jobs. Hyundai TRANSYS will build a 620,000-square-foot facility in West …
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Georgia Saw Decrease in Unemployment Rate in October

Source: WRGA News Governor Brian P. Kemp and the Georgia Department of Labor today announced that Georgia’s unemployment rate in October dropped 1.8%, bringing the current unemployment rate to 4.5%, down more than 8% since the state’s all-time high in …
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U.S. Census: An estimated 284,541 people moved to Georgia in 2019

Photo from Pexels.com Source: Atlanta Business Chronicle The U.S. Census Bureau just released new statistics that highlight geographic mobility in the United States in 2019. According to the new data, the top 10 states that Americans moved to were Florida, 601,611; Texas, …
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