Why Atlanta For Business

Slides:



Advertisements
Similar presentations
Halftime Highlights Minnesota at Mid-Decade. Minnesota Ranks 1 st in home ownership 2 nd in labor force participation 3 rd highest in high school completion.
Advertisements

Texas Demographic Characteristics and Trends Million Reasons to be Proud of Texas (among a few more) Demographic Highlights TEXAS is: big. The population.
Economy and Revenue Forecast "What's in Store for the FY 2016 DC Budget?" Presentation to the DC Fiscal Policy Institute March 19,2015 Steven Giachetti:
NEO Regional Economic Trends 10/21/2014. The NEO System: Metro and Regional EDOs.
State of the Economy How is Doing? Dan Bellow President - Houston September 24, 2009Houston’s Tomorrow Houston.
Employment Projections -- General Information
Changing Demographics in Texas
Background for Public Hearings October 18, 2004 John Austin, Cherry Commission Policy Director John Burkhardt, Senior Policy Advisor U-M Center for the.
Texas Demographic Characteristics and Trends Texas Association of Mutual Insurance Companies October 7, 2010 Round Rock, TX 1.
GEORGIA’S BUSINESS ADVANTAGE. GLOBAL ACCESS: STRATEGIC LOCATION IN A GROWING REGION Georgia –8 th largest state in the U.S., population 10 million –Population.
Employment Projections -- Background
The Perfect Storm Community Service Council of Greater Tulsa - October 2007.
Georgia Power Community & Economic Development. What is it? Most simply, it is the creation of wealth. Economic Development.
Austin Chamber of Commerce 1207 State of the Economy Demographics As presented to the Keller Williams Agent Leadership Council.
The Network Economy – Trends in Oregon Oregon Connections Telecommunications Conference 2013 October 24, 2013 Presented by Michael Meyers Business Oregon.
The Massachusetts Housing Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University Greater Boston Real Estate Board LINK.
Northwest Connecticut CEDS Region Demographic & Economic Analyses May 2012.
Dallas Small Business Economy Strengthening the Economy by Strengthening Microbusiness: A North Texas Forum January 31, 2012.
1 Economic Development Essentials June 12, Oklahoma’s Public Colleges and Universities are Moving Forward…
Southeast Florida Regional Vision & Blueprint for Economic Prosperity Economic Development Briefing John Kaliski Cambridge Systematics, Inc. February 15,
Briefing on the Regional Economy Rae D. Rosen Senior Economist Federal Reserve Bank of New York September 5, 2002.
ECONOMIC & LABOR MARKET CHARACTERISTICS & PROJECTIONS Pam Bodwell EVT 7066 Foundations of Career & Workforce Education University of South Florida October,
Redefining Southeastern Wisconsin Terry Ludeman Department of Workforce Development October 9, 2003.
Texas Demographic Data Users Conference May 22, 2014 Austin, Texas.
The Green of Gray: THE NEW ECONOMY of an Aging Population Michael D. Alexander, AICP “Mike” Research and Analytics Division Manager Atlanta Regional Commission.
Evaluating Tallahassee’s Future in the New Economy Tim Lynch, Ph.D., Director Julie Harrington, Ph.D., Asst. Dir. Center for Economic Forecasting and.
Kansas Labor Market Analysis Presenter: Dorothy D. Stites Director, Labor Market Information Services (LMIS) Kansas Department of Labor July 8, 2005 Labor.
San Antonio Economic Development Foundation Presented by Mario Hernandez PTMA Awards Luncheon.
I Source: U.S. Census Bureau Analysis by Kentucky Population Research, State Data Center, University of Louisville.
Utah Today U N I V E R S I T Y of U T A H D A V I D E C C L E S S C H O O L of B U S I N E S S.
Community Foundation of Collier County Our Mission: To improve the quality of life in Collier County by connecting donors to community needs and providing.
CREATIVE CLASS and ECONOMIC GROWTH Barbara Polachová Olga Staňková Olga Georgievová Economic Issues in North America May 7, 2012.
Careers in Quality January 21, 2011 Purdue University Calumet Robyn Minton Vice President of Operations Center of Workforce Innovations.
1 WHY ATLANTA FOR GROWTH? techUK 6 June THE SOUTHEAST: ECONOMIC ENGINE OF THE U.S. Southeast states include Florida, Georgia, Alabama, Mississippi,
AGING IN AURORA State Demography Office Colorado Department of Local Affairs 2016.
Ahmad Ijaz Center for Business and Economic Research The University of Alabama 28 th Annual Economic Outlook Conference January 14, 2016.
Workforce Development: The Time is NOW! Jennifer Grove Community Development Manager, Gulf Power Company CareerSource Florida Board of Directors Florida.
[ 5.5 ] The Labor Force.
Healthcare Jobs in New York City
Charlotte’s Economy.
The Massachusetts Housing Challenge Barry Bluestone
Population and Economic Trends For Northern Colorado
R&D Department National Qualifications Authority, UAE October 2016
The Urban Building Market and Johnson Controls’ MetroMarkets Strategy
A college education significantly boosts a student’s annual and lifetime earnings.
Presentation by: Anderson Economic Group, LLC Scott D
The Changing Face of Retirement
Houston’s Labor Market
Manufacturing Sector in the UAE
Washington Area Economy: Performance and Outlook
Florida Manufacturing
Wealth, inequality and Housing
Columbia River Economic Development Council
for Aspiring Millennial Homebuyers NAR Research June 2016
The Current Performance and Near-Term Outlook for
Missouri State of the Workforce report
The Region C Economy Region C Workforce Development Board
Talent Advantage Series
The Finance Sector in Buffalo Since the Great Recession
Greater Washington partnership
Minnesota’s Export and Foreign Investment Trends
for Aspiring Millennial Homebuyers NAR Research June 2016
Greater Akron Job Hubs September 2017.
Demographic Characteristics and Trends in Texas and the Austin Area
2421 County Road 74, St. Cloud, MN FOR SALE: ACRES LAND
Region 1B RPI Council 2018 Regional Prosperity Dashboard.
Florida Labor Market Conditions
A college education significantly boosts a student’s annual and lifetime earnings.
Portland Economic Update Assn. of Financial Professionals
Region 1B RPI Council 2019 Regional Prosperity Dashboard.
Presentation transcript:

Why Atlanta For Business

Keys to Atlanta’s Success Economic Engine 138,000 Established Businesses 2.6 Million in the Workforce Low Unemployment 4th Fastest Growing State in the past 10 Years 9th Largest Metro in the US Global Connections 49 Foreign Consulates 31 Foreign/American Chambers of Commerce World Class Talent Center of Higher Education 45 Degree granting Colleges and Universities Competitive Business Climate Economic Development State Incentives Superior Quality of Life Measure of economic health – Job growth Population growth Housing starts

Economic Engine of the Southeast Last Year Atlanta gained more that 60,000 jobs Metro Atlanta adds 100,000+ people per year 2006 more than 70,000 new housing starts Personal income growth continues to be higher than the national average 9th for Numbers of High-net Worth Individuals Preliminary job growth estimates through next year projects 44,000 more jobs Although the rate of recovery is slower than the growth experienced between 1995-2000, the city has a 3-year trend of job growth Source: Bureau of the Census, Bureau of Labor Statistics, July 2005; Economy.com, July 2005, MACOC; U.S. Census Bureau, American; Community Survey 2003

Economic Engine of the Southeast Diverse Economy LEADING INDUSTRY RANKINGS BASED ON EMPLOYMENT Business Services ranked in the top 5 Telecommunications ranked 2nd Computer Software Development and Services ranked 6th Transportation and Logistics ranked 5th Manufacturing Center – 7th largest in the US Healthcare and Higher Education ranked in the top 5 Source: MACOC

National Rankings 9th Largest US Population Center Population: Surpassed 5 Million (2006) 2000 – 2006 added 856,266 Average 142,000 annually 2020 Projected Population over 7 Addition of 2 Million People in the next 13 years Equivalent of Denver, CO AARP Magazine ranked Atlanta among the top five places to retire 2007 "A sophisticated metropolis with southern charm, Atlanta offers abundant volunteer and cultural opportunities," the magazine said. "Retirees also appreciate the wide range of housing options." 2ndLargest Job Generator in 2005 Behind Phoenix Third Largest Fortune 500 Concentration for the 6th year 12 Fortune 500; 27 Fortune 1000 New York has 44 Houston 23 Atlanta 14 Dallas 11 Chicago 10 Charlotte; Minneapolis; Philadelphia; Richmond and St. Louis all with 7

National Rankings Ranked 7th in the nation for the percent of population that has completed college (34.7% of adults 25 years and older) Atlanta Leads the Nation in Attracting Most Coveted Demographic “Young and Restless” Place to be for Highly Educated 25- to 34-year-olds Cost of Living Index: 97.5% (1st Qtr 2006) Forbes.com has ranked Atlanta as one of the Best Markets for Buyers.  Atlanta ranked #10 in a list that included New York City, San Diego and Miami. Forbes.com as #3 in the list for Best Cities for Young Professionals.

National Rankings

National Rankings

In Top 10 Best Markets for Women in Business # 9  - Atlanta All woman-owned businesses: 124,061 (8) 272 woman-owned businesses for every 10,000 residents. That's the 8th strongest concentration in the country, a full 23 percent above the U.S. average of 221 per 10,000. Those same Atlanta companies generate $21.6 billion in annual revenues, outperforming all but four markets nationwide. Women holding bachelor's degrees: 33.4% Women holding advanced degrees: 11.1% Management and professional jobs held by women: 40.2% Notes: Business statistics are from the 2002 federal economic census. All other statistics are from 2005.

Top Five North American City of the Future 4th best city of the future 4th in “best human resources” 3rd in “best economic potential” 3rd in “best infrastructure” 1st in “most business friendly” FDI Magazine

Atlanta’s Income Gains Atlanta - Median HH Income of $75,344 by 2010 +3.9% Annually 2005 - 2010 U.S. - Median HH Income of $58,384 by 2010 +3.3% Annually 2005 - 2010