
11 Dec 2014 December 2014 – Augusta’s Labor Market Strongest in the State of Georgia
In October, the Hull College of Business Augusta Leading Economic Index (LEI) increased 0.8% from September. The index has increased 4.9%% from October 2013. This represents eight consecutive months of growth. All the variables included in the index, except housing permits, moved in a favorable direction. This sustained increase in the LEI is reflected in the strongest labor market in Georgia! In the 12 months to October 2014 Augusta employment has increased by 3.5% from October 2013. 2015 should be a Happy New Year!
MSA | Employment growth |
Augusta | 3.5% |
Gainesville | 3.0% |
Atlanta | 2.4% |
Savannah | 2.0% |
Rome | 1.5% |
Brunswick | 1.0% |
Macon | 1.0% |
Valdosta | 0.6% |
Hinesville | 0.5% |
Athens | 0.4% |
Columbus | 0.2% |
Warner Robins | -0.2% |
Albany | -0.3% |
Dalton | -0.3% |
GEORGIA | 2.4% |
Source: James M. Hull College of Business at Georgia Regents University
Author: Simon Medcalfe/Associate Professor of Finance
Date: 12/11/2014