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.

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