A weaker-than-expected economic recovery is proving to be a drag on Georgia's state finances. Republican Gov. Nathan Deal must find a way to close the gap between what Georgia's government collects and what it spends when submitting his budget plans Thursday.
State labor officials say the preliminary unemployment rate in metro Atlanta dropped to 8.7 percent in March. The new jobless rate was announced early Thursday morning by the Georgia Department of Labor. Metro Atlanta's unemployment rate is down from a year ago, when it was 9.6 percent
Athens-Clarke County is the best-positioned community in the U.S. to attract investment and economic growth. That’s according to a Pittsburgh consulting group. The University of Georgia’s home county benefits greatly from its educational institutes.
The $200 million Caterpillar facility along the border of Athens-Clarke and Oconee counties is creating 1,400 jobs. But University of Georgia economic forecaster Jeff Humphreys predicts more openings will emerge.
For the second year in a row, the nonpartisan research group the Tax Foundation ranks Georgia the 34th most business-friendly state. It comes as Governor Nathan Deal releases the state's business development strategy recommendations in the Georgia Competitiveness Report.
Nationally, economists are predicting a rosier year for business and hiring. But there are signs that Georgia’s might not be as bright. Manufacturing order volume is one measure of an economy’s health. And in Georgia, new orders fell in the second half of 2011 after a strong start.
The Longleaf Stewardship Fund announced a new partnership in Columbus Wednesday to preserve the pine tree in Georgia and other southeastern states. Through the Fund, the National Fish and Wildlife Foundation, Southern Company and the Department of Defense and other government agencies are pooling resources to provide grants for environmental management efforts.
Georgians are feeling more pessimistic about the economy. But they intend to spend the same amount of money on their holiday gifts this year. A recent survey from Georgia Southern University's Bureau of Business Research and Economic Development says, 55% of Georgians feel the economy is worsening.
The number of Bible classes offered in Georgia’s middle and high schools is drying-up. And there are particular reasons behind the steep drop-off since their introduction four years ago. One reason is money.