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
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 May 2020 | |
|---|---|
| Chattanooga MSA | -4.3 |
| Cleveland MSA | -5.7 |
| Dalton MSA | -5.6 |
| U.S | -11.8 |
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
2015-2019
Number of Projects
180
Number of Jobs
16,098
Amount of Investment
$5,340,065,887
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
May 2020
Chattanooga msa
| Non-Residential Permits | 5 |
| Non-Residential Value | 8,063,000 |
| Residential Permits | 169 |
| Residential Value | $38,353,000 |
Cleveland msa
| Non-Residential Permits | 1 |
| Non-Residential Value | $1,000,000 |
| Residential Permits | 56 |
| Residential Value | $10,675,000 |
Dalton msa
| Non-Residential Permits | 2 |
| Non-Residential Value | $3,150,000 |
| Residential Permits | 21 |
| Residential Value | $3,158,000 |
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.