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)
December
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 December 2020 | |
|---|---|
| Chattanooga MSA | -0.4 |
| Cleveland MSA | -3.5 |
| Dalton MSA | -3.9 |
| 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
2016-2020
Number of Projects
165
Number of Jobs
13,555
Amount of Investment
$4,776,733,651
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
4th Quarter 2020
Average price per square foot
Chattanooga msa
| Industrial | Office | Retail |
| $5.12 | $19.73 | $11.36 |
Cleveland msa
| Industrial | Office | Retail |
| $2.00 | $14.31 | $22.62 |
Dalton msa
| Industrial | Office | Retail |
| $2.40 | $15.20 | $9.36 |
Source: CoStar Group View Full Report
Regional Building Permits
December 2020
Chattanooga msa
| Non-Residential Permits | 8 |
| Non-Residential Value | $14,200,000 |
| Residential Permits | 190 |
| Residential Value | $61,359,000 |
Cleveland msa
| Non-Residential Permits | 10 |
| Non-Residential Value | $4,079,000 |
| Residential Permits | 40 |
| Residential Value | $7,541,000 |
Dalton msa
| Non-Residential Permits | 4 |
| Non-Residential Value | $45,618,000 |
| Residential Permits | 29 |
| 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.