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)

April

2021
2022

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

424,300 Total Jobs
1-Year Growth Rate as of May 2022
Chattanooga MSA 2.7%
Cleveland MSA 1.5%
Dalton MSA 2.6%
U.S 4.5%

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


Jobs by Sector for Region

2021 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

2017-2021
Number of Projects
156
Number of Jobs
13,428
Amount of Investment
$4,857,916,686

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,078,442
1.9%
5-Year Growth

Source: U.S. Census Bureau.


Real Estate

1st Quarter 2022

Average price per square foot

Chattanooga msa

Industrial Office Retail
$5.98 $20.04 $14.36

Cleveland msa

Industrial Office Retail
$3.57 $15.80 $17.20

Dalton msa

Industrial Office Retail
$4.11 $8.80 $18.05

Source: CoStar Group View Full Report


Regional Building Permits

May 2022

Chattanooga msa

Non-Residential Permits 11
Non-Residential Value $28,859,000
Residential Permits 222
Residential Value $95,466,000

Cleveland msa

Non-Residential Permits 4
Non-Residential Value $11,989,000
Residential Permits 62
Residential Value $18,714,000

Dalton msa

Non-Residential Permits 1
Non-Residential Value $1,523,000
Residential Permits 51
Residential Value $12,240,000

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


AIRPORT ACTIVITY

Enplanement Comparison - 2020-2021-2022

2020
2021
2022

Source: Chattanooga Metropolitan Airport.

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