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

2017
2018

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

420,571 Total Jobs
1-Year Growth Rate as of May 2018
Chattanooga MSA 2.6%
Cleveland MSA 2.0%
Dalton MSA 1.0%
U.S 1.6%

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


Jobs by Sector for Region

2017 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

2013-2017
Number of Projects
206
Number of Jobs
19,456
Amount of Investment
$5,177,198,607

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,059,184
2.0%
5-Year Growth

Source: U.S. Census Bureau.


Real Estate

2nd Quarter 2018

Average price per square foot

Chattanooga msa

Industrial Office Retail
$3.58 $16.63 $10.81

Cleveland msa

Industrial Office Retail
$3.46 $12.49 $10.28

Dalton msa

Industrial Office Retail
$3.01 $8.85 $9.94

Source: CoStar Group View Full Report


Regional Building Permits

May 2018

Chattanooga msa

Non-Residential Permits 7
Non-Residential Value $3,017,000
Residential Permits 203
Residential Value $62,925,000

Cleveland msa

Non-Residential Permits 3
Non-Residential Value $919,000
Residential Permits 63
Residential Value $11,526,000

Dalton msa

Non-Residential Permits 1
Non-Residential Value $125,000
Residential Permits 18
Residential Value $2,776,000

Source: F. W. Dodge Division, The McGraw-Hill Companies, Inc.. Download Full Report


AIRPORT ACTIVITY

Enplanement Comparison - 2015-2016-2017

2015
2016
2017

Source: Chattanooga Metropolitan Airport.

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