Ge­or­gia outlook pos­i­tive for 2019

Chattanooga Times Free Press - - BUSINESS -

Stock mar­ket gy­ra­tions aside, the next year should be a good one for the Ge­or­gia econ­omy, ac­cord­ing to the an­nual fore­cast by the Univer­sity of Ge­or­gia Terry Col­lege of Busi­ness.

Job gains may be more mod­est than this year’s, but the state’s pop­u­la­tion is grow­ing, de­fense spend­ing is surg­ing, and home build­ing should soon be gear­ing up.

Ben­jamin Ay­ers, dean of the Univer­sity of Ge­or­gia’s busi­ness school, said ev­ery one of the state’s metro ar­eas and ev­ery busi­ness sec­tor will see growth, he pre­dicted.

” Ge­or­gia’s econ­omy will con­tinue to ex­pand and will also grow faster than the na­tion’s econ­omy for the sixth straight year,” he said. “Ab­sent a full-blown trade war, we be­lieve the risk of re­ces­sion in 2019 is low.”

Among the com­pa­nies plan­ning projects that will drive growth in the up­com­ing year are SK In­no­va­tion, adding 2,000 jobs in Jack­son County; In­spire Brands, add 1,100 jobs in Sandy Springs, and Black­rock, adding 1,000 jobs in At­lanta.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.