Businesses in Middle Georgia experienced a very positive 2018 and expect an even better 2019, according to the results of Mercer University’s 2018 Middle Georgia Economic Outlook Survey. During 2018, businesses in Middle Georgia added more employees than they expected to add at the beginning of the year. Businesses were also very optimistic … [Read more...]
Could the Red-Hot Market for Businesses Be Cooling Down?
The economy is red hot, and that fact is translating into lots of businesses being sold. However, it is possible that this record-breaking streak of sales could cool down in the near future. Entrepreneurs who are considering selling their companies say they’re worried about the future of the economy, according to an article posted on Inc. in … [Read more...]
AJC Business Journalist Tells About Economic Journalism
Award-winning Atlanta Journal-Constitution economics and business writer Michael E. Kanell spoke to the Georgia Association of Business Brokers on March 26, 2019, about economic journalism. Hear a recording of his remarks here. He discussed how he covers economic trends, how newspaper journalists gather the news, and took questions. The GABB is … [Read more...]
Georgia’s Job Growth Continues with Moderation on the Horizon
ATLANTA–Job additions in Georgia increased from 72,100 new jobs in 2017 to 103,500 job gains in 2018, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College of Business. But, job growth had a seesaw pattern, particularly in high paying catalyst sectors such as corporate, manufacturing and … [Read more...]
Rate Hikes on Hold Until September, Global Economic Breather Affects U.S. Growth Momentum
ATLANTA–The 35-day partial government shutdown was likely economically insignificant except for those who suffered delayed paychecks, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s Robinson College of Business. “The real bad news was the severe drop in retail sales in December,” Dhawan wrote in his … [Read more...]
New SBA Loans on Hold During Government Shutdown
Business Buyers and Sellers and their Brokers may face an unusual stall on closing their deals due to the federal government shut down. GABB President Dean Burnette says, "I'm in the final stages of closing a deal right now. Fortunately, our SBA Lender got an authorization number the night before the shut down so we will receive our … [Read more...]
Georgia’s Business Climate Tops in the Nation
ATLANTA - Georgia's business climate has been ranked No. 1 in the nation for the sixth consecutive year by Site Selection, a leading economic development trade publication, according to Gov. Nathan Deal. According to Site Selection, Georgia is the first state to hold this ranking for six consecutive years under leadership by the same … [Read more...]
Economic Forecast: Midterm Results Should Ease Corporate Anxiety
Midterm Results Should Ease Corporate Anxiety; Fed to Hike Rates Once in 2019 ATLANTA–The upcoming split control of Congress should somewhat assuage nervousness in the business sector, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “Political gridlock is … [Read more...]
Corporate Sector Bounce-Back Leads Georgia Job Growth
ATLANTA–Georgia’s job additions in the third quarter nearly equaled the entire job additions in the first half of 2018, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. “In the first six months of 2018, the Peach State saw job gains of 35,600, just slightly above … [Read more...]
Domestic-Demand Sectors Drive Georgia Job Growth
ATLANTA–Georgia’s job creation in the first six months of 2018 primarily arose from domestically driven sectors, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. The state created 36,300 jobs in the first half of the year, lower than the last half of 2017 and … [Read more...]