Insider Report

The Greater Chattanooga Economic Partnership tracks economic indicators for the entire region. The comprehensive and up-to-date reports for our most requested statistics are below.


Unemployment Rates (by County)

May

2016
2017

TENNESSEE

ALABAMA

GEORGIA

Source: U.S. Department of Labor, Bureau of Labor Statistics.


Regional Job Growth Rates

424,809 Total Jobs
1-Year Growth Rate as of May 2017
Chattanooga MSA 2.5%
Cleveland MSA 4.1%
Dalton MSA 1.0%
U.S 1.5%

Source: U.S. Department of Labor, Bureau of Labor Statistics.


Jobs by Sector for Region

2016 4th Quarter

Natural Resources & Mining
Construction
Manufacturing
Trade, Transportation & Utilities
Information
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government

Source: U.S. Department of Labor, Bureau of Labor Statistics.


Cumulative Announced Projects

2010-2016
Number of Projects
346
Number of Jobs
27,134
Amount of Investment
$8,324,326,776

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,048,941
2.2%
5-Year Growth

Source: Gale Research.


Real Estate

2nd Quarter 2017

Average price per square foot

Chattanooga msa

Industrial Office Retail
$2.86 $16.47 $10.36

Cleveland msa

Industrial Office Retail
$3.30 $10.30 $9.93

Dalton msa

Industrial Office Retail
$1.88 $10.76 $10.70

Source: CoStar Group View Full Report


Regional Building Permits

Cumulative - Aug 2016-June 2017

Chattanooga msa

Non-Residential Permits 61
Non-Residential Value $178,367,000
Residential Permits 1,697
Residential Value $384,944,000

Cleveland msa

Non-Residential Permits 16
Non-Residential Value $184,838,000
Residential Permits 507
Residential Value $89,595,000

Dalton msa

Non-Residential Permits 6
Non-Residential Value $44,012,000
Residential Permits 149
Residential Value $28,511,000

Source: F. W. Dodge Division, The McGraw-Hill Companies, Inc.. Download Full Report


AIRPORT ACTIVITY

Enplanement Comparison - 2015-2016-2017

2015
2016
2017

Source: Chattanooga Metropolitan Airport.