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.