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)

October

2018
2019

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

424,932 Total Jobs
1-Year Growth Rate as of October 2019
Chattanooga MSA 1.3%
Cleveland MSA 0.2%
Dalton MSA 1.2%
U.S 1.4%

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


Jobs by Sector for Region

2019 1st 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
186
Number of Jobs
15,270
Amount of Investment
$5,273,507,028

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

3rd Quarter 2019

Average price per square foot

Chattanooga msa

Industrial Office Retail
$4.41 $17.13 $12.86

Cleveland msa

Industrial Office Retail
$3.26 $11.83 $13.73

Dalton msa

Industrial Office Retail
$2.44 $14.00 $10.58

Source: CoStar Group View Full Report


Regional Building Permits

October 2019

Chattanooga msa

Non-Residential Permits 13
Non-Residential Value $16,717,000
Residential Permits 187
Residential Value $61,679,000

Cleveland msa

Non-Residential Permits 7
Non-Residential Value $2,865,000
Residential Permits 65
Residential Value $10,452,000

Dalton msa

Non-Residential Permits 1
Non-Residential Value $70,000
Residential Permits 24
Residential Value $3,628,000

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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