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.

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