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)

May

2018
2019

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

432,895 Total Jobs
1-Year Growth Rate as of May 2019
Chattanooga MSA 2.2%
Cleveland MSA 2.6%
Dalton MSA 2.5%
U.S 1.5%

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


Jobs by Sector for Region

2018 4th 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

2014-2018
Number of Projects
187
Number of Jobs
15,295
Amount of Investment
$5,276,507,028

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

2nd Quarter 2019

Average price per square foot

Chattanooga msa

Industrial Office Retail
$4.26 $16.30 $13.01

Cleveland msa

Industrial Office Retail
$3.50 $12.02 $11.58

Dalton msa

Industrial Office Retail
$2.45 $13.63 $14.42

Source: CoStar Group View Full Report


Regional Building Permits

May 2019

Chattanooga msa

Non-Residential Permits 6
Non-Residential Value $38,542,000
Residential Permits 165
Residential Value $39,132,000

Cleveland msa

Non-Residential Permits 2
Non-Residential Value $31,823,000
Residential Permits 63
Residential Value $10,300,000

Dalton msa

Non-Residential Permits 3
Non-Residential Value $27,448,000
Residential Permits 22
Residential Value $3,256,000

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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