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)

November

2018
2019

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

431,435 Total Jobs
1-Year Growth Rate as of November 2019
Chattanooga MSA 1.5%
Cleveland MSA -0.6%
Dalton MSA 0.7%
U.S 1.5%

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


Jobs by Sector for Region

2019 2nd 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

4th Quarter 2019

Average price per square foot

Chattanooga msa

Industrial Office Retail
$4.86 $15.04 $12.64

Cleveland msa

Industrial Office Retail
$2.51 $14.16 $11.16

Dalton msa

Industrial Office Retail
$2.82 $13.25 $10.24

Source: CoStar Group View Full Report


Regional Building Permits

December 2019

Chattanooga msa

Non-Residential Permits 16
Non-Residential Value $14,172,000
Residential Permits 234
Residential Value $46,811,000

Cleveland msa

Non-Residential Permits 4
Non-Residential Value $1,770,000
Residential Permits 39
Residential Value $6,947,000

Dalton msa

Non-Residential Permits 2
Non-Residential Value $473,000
Residential Permits 21
Residential Value $3,202,000

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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