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)

July

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 August 2022
Chattanooga MSA 1.9%
Cleveland MSA 1.3%
Dalton MSA 2.3%
U.S 3.8%

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

2nd Quarter 2022

Average price per square foot

Chattanooga msa

Industrial Office Retail
$6.24 $20.21 $14.44

Cleveland msa

Industrial Office Retail
$4.18 $15.88 $7.81

Dalton msa

Industrial Office Retail
$3.50 $8.80 $17.60

Source: CoStar Group View Full Report


Regional Building Permits

August 2022

Chattanooga msa

Non-Residential Permits 15
Non-Residential Value $29,713,000
Residential Permits 187
Residential Value $50,064,000

Cleveland msa

Non-Residential Permits 4
Non-Residential Value $7,576,000
Residential Permits 49
Residential Value $13,524,000

Dalton msa

Non-Residential Permits 0
Non-Residential Value $0
Residential Permits 35
Residential Value $13,160,000

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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