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)

October

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 October 2021
Chattanooga MSA 2.9%
Cleveland MSA 3.3%
Dalton MSA 1.9%
U.S 3.9%

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

3rd Quarter 2021

Average price per square foot

Chattanooga msa

Industrial Office Retail
$6.48 $20.10 $11.52

Cleveland msa

Industrial Office Retail
$3.72 $14.13 $17.51

Dalton msa

Industrial Office Retail
$4.39 $14.76 $9.24

Source: CoStar Group View Full Report


Regional Building Permits

October 2021

Chattanooga msa

Non-Residential Permits 4
Non-Residential Value $1,800,000
Residential Permits 206
Residential Value $58,893,000

Cleveland msa

Non-Residential Permits 0
Non-Residential Value $0
Residential Permits 47
Residential Value $12,808,000

Dalton msa

Non-Residential Permits 0
Non-Residential Value $0
Residential Permits 36
Residential Value $8,640,000

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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