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)

September

2019
2020

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

431,722 Total Jobs
1-Year Growth Rate as of October 2020
Chattanooga MSA -0.8
Cleveland MSA -3.4
Dalton MSA -4.1
U.S -6.0

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

2015-2019
Number of Projects
180
Number of Jobs
16,098
Amount of Investment
$5,340,065,887

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

3rd Quarter 2020

Average price per square foot

Chattanooga msa

Industrial Office Retail
$4.96 $19.92 $12.94

Cleveland msa

Industrial Office Retail
$2.00 - $13.62

Dalton msa

Industrial Office Retail
$3.41 $15.20 $9.50

Source: CoStar Group View Full Report


Regional Building Permits

September 2020

Chattanooga msa

Non-Residential Permits 5
Non-Residential Value $56,950,000
Residential Permits 212
Residential Value $48,756,000

Cleveland msa

Non-Residential Permits 5
Non-Residential Value $6,769,000
Residential Permits 60
Residential Value $12,006,000

Dalton msa

Non-Residential Permits 0
Non-Residential Value $0
Residential Permits 32
Residential Value $2,982,000

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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