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
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 December 2019 | |
|---|---|
| Chattanooga MSA | 1.4% |
| Cleveland MSA | -5.0% |
| Dalton MSA | 0.4% |
| U.S | 1.4% |
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.