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

2020
2021

TENNESSEE

ALABAMA

GEORGIA

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


Regional Job Growth Rates

414,709 Total Jobs
1-Year Growth Rate as of July 2021
Chattanooga MSA 4.4%
Cleveland MSA -0.8%
Dalton MSA 4.5%
U.S 5.3%

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


Jobs by Sector for Region

2020 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

2016-2020
Number of Projects
169
Number of Jobs
13,612
Amount of Investment
$4,834,741,651

Source: GCEP. Download Full Report


Total Population with Growth Rate

Region Population
1,069,652
1.7%
5-Year Growth

Source: U.S. Census Bureau.


Real Estate

2nd Quarter 2021

Average price per square foot

Chattanooga msa

Industrial Office Retail
$5.67 $20.22 $11.74

Cleveland msa

Industrial Office Retail
$2.47 $14.04 $18.05

Dalton msa

Industrial Office Retail
$4.36 $14.76 $9.28

Source: CoStar Group View Full Report


Regional Building Permits

July 2021

Chattanooga msa

Non-Residential Permits 2
Non-Residential Value $385,000
Residential Permits 187
Residential Value $81,566,000

Cleveland msa

Non-Residential Permits 8
Non-Residential Value $5,995,000
Residential Permits 56
Residential Value $9,065,000

Dalton msa

Non-Residential Permits 2
Non-Residential Value $3,117,000
Residential Permits 54
Residential Value $8,856,000

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


AIRPORT ACTIVITY

Enplanement Comparison - 2018-2019-2020

2019
2020
2021

Source: Chattanooga Metropolitan Airport.

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