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)

January

2019
2020

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

431,426 Total Jobs
1-Year Growth Rate as of January 2020
Chattanooga MSA 1.6%
Cleveland MSA 6.6%
Dalton MSA -1.2%
U.S 1.5%

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


Jobs by Sector for Region

2019 3rd 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

2015-2019
Number of Projects
174
Number of Jobs
16,098
Amount of Investment
$5,335,165,887

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,064,912
2.3%
5-Year Growth

Source: U.S. Census Bureau.


Real Estate

1st Quarter 2020

Average price per square foot

Chattanooga msa

Industrial Office Retail
$4.99 $15.24 $12.40

Cleveland msa

Industrial Office Retail
$2.50 $13.61 $13.01

Dalton msa

Industrial Office Retail
$2.51 $12.89 $10.29

Source: CoStar Group View Full Report


Regional Building Permits

February 2020

Chattanooga msa

Non-Residential Permits 6
Non-Residential Value $2,310,000
Residential Permits 198
Residential Value $43,257,000

Cleveland msa

Non-Residential Permits 1
Non-Residential Value $350,000
Residential Permits 53
Residential Value $8,892,000

Dalton msa

Non-Residential Permits 0
Non-Residential Value $0
Residential Permits 23
Residential Value $3,442,000

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


AIRPORT ACTIVITY

Enplanement Comparison - 2017-2018-2019

2017
2018
2019

Source: Chattanooga Metropolitan Airport.

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