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)

February

2020
2021

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

397,292 Total Jobs
1-Year Growth Rate as of February 2021
Chattanooga MSA -4.6%
Cleveland MSA -1.9%
Dalton MSA -2.6%
U.S -5.9%

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


Jobs by Sector for Region

2019 Annual Average

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

2016-2020
Number of Projects
169
Number of Jobs
13,612
Amount of Investment
$4,834,741,651

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,072,446
2.6%
5-Year Growth

Source: U.S. Census Bureau.


Real Estate

1st Quarter 2021

Average price per square foot

Chattanooga msa

Industrial Office Retail
$5.37 $19.61 $11.44

Cleveland msa

Industrial Office Retail
$2.00 $15.09 $18.74

Dalton msa

Industrial Office Retail
$4.13 $15.20 $8.77

Source: CoStar Group View Full Report


Regional Building Permits

February 2021

Chattanooga msa

Non-Residential Permits 11
Non-Residential Value $6,647,000
Residential Permits 192
Residential Value $49,574,000

Cleveland msa

Non-Residential Permits 5
Non-Residential Value $1,304,000
Residential Permits 48
Residential Value $8,830,000

Dalton msa

Non-Residential Permits 2
Non-Residential Value $950,000
Residential Permits 31
Residential Value $4,798,000

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


AIRPORT ACTIVITY

Enplanement Comparison - 2018-2019-2020

2018
2019
2020

Source: Chattanooga Metropolitan Airport.

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