Augusta Economy

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Augusta economy vibrant

Metro area has state's strongest job growth

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ATLANTA --- Augusta has Georgia's strongest economy this year, is the only metro area adding jobs and will remain the most vibrant next year, according to a quarterly outlook released Wednesday.

In the report by the Economic Forecasting Center at Georgia State University, job growth in Augusta this year will wind up at 1.1 percent compared with a reduction statewide of 1.5 percent. The forecast describes the statewide picture as a significant decline.

Next year, Augusta is still going to lead the state and all its major cities with 2 percent job growth. The state will be growing again, but only by 1 percent.

Metro Augusta added 2,400 jobs in the first-three quarters of the year, including 1,500 between July and October, a 1.8 percent increase over employment levels in 2009.

Two examples of growth in the area cited by the forecast are hiring for construction at Plant Vogtle and the 400 new jobs at Atlanta-based Convergent, a company that collects payments for wireless companies and utilities.

Augusta's sectors adding the most workers include hospitality, business services, education/health and construction. They overcome the sectors shedding jobs: the government and retail.

Looking ahead, companies that sell overseas should benefit from the policy of the Federal Reserve Bank that is weakening the value of the dollar, but robust growth is unlikely because of other economic factors, according to the quarterly outlook.

"Since Georgia relies on exports, the weaker dollar will boost exports, particularly toward emerging economies," said Rajeev Dhawan, the director of the center.

Augusta has been working with existing manufacturers such as E-Z-Go, Solo Cup, International Paper and Procter & Gamble, which together have added roughly 500 jobs, according to Walter Sprouse, of the Development Authority of Richmond County.

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charliemanson
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charliemanson 11/18/10 - 03:56 am
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"Augusta has Georgia's

"Augusta has Georgia's strongest economy." Congratulations goes out to Deke for helping to make this possible.

GGpap
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GGpap 11/18/10 - 04:27 am
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Geeez! And the new

Geeez! And the new republicans haven't even been seated as yet! Recovery has been surely very rapid.

Too bad Obama can't take some credit for this good report on the Augusta economy.

B.S.

GGpap

GGpap
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GGpap 11/18/10 - 04:35 am
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It is strange that this great

It is strange that this great news couldn't have been (or deliberately wasn't) released for publication 20 days ago.

GGpap

Riverman1
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Riverman1 11/18/10 - 05:57 am
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Deke has as much to do with

Deke has as much to do with the metro economy as James Brown's statue.

dichotomy
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dichotomy 11/18/10 - 09:05 am
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Vibrant? If they say so. On

Vibrant? If they say so. On the southside the only vibrations we feel are from the slamming doors of closing businesses and restaurants, and the "For Sale By Owner" signs flapping in the wind on those 7000 acres of vacant Residential zoned property.

WW1949
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WW1949 11/18/10 - 09:22 am
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What is wrong with all you

What is wrong with all you naysayers. Be glad that Augusta has a good economy. I know I am. Dichotomy, where is the 7000 acres and why don't you buy some and develope it. Start the ball rolling instead of griping about it every day.

corgimom
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corgimom 11/18/10 - 09:25 am
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That's great, maybe A-RC

That's great, maybe A-RC commissioners can give back the $750,000 that they slashed from the Sheriff's budget.

Lawpig
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Lawpig 11/18/10 - 10:23 am
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Great news, but I'm sure in a

Great news, but I'm sure in a few minutes there will be dozens of comments bashing metro Augusta . . . .

The southside of Augusta is the victim of poor zoning and middle class flight to Columbia and Aiken counties. I grew up on the southside and I never felt unsafe (and still don't), but the area is just no longer attractive for anyone with a choice of where to live.

Seriously, if you had no ties to Augusta and were new here, where would you live if you wanted to live in the suburbs? As long as Aiken and Columbia counties come to mind first, south Augusta doesn't stand a chance.

countyman
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countyman 11/18/10 - 11:26 am
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South Augusta may not be up

South Augusta may not be up to Evans, Martinez, North Augusta, or Aiken in terms of demographics. But it's definitely comparable to Grovetown or Graniteville in terms of demographics..

A developer wants to build a upscale South Augusta riverfront development near the Augusta Regional. The development might create a new 'town' on the Southside. The 306 acre development includes a marina, some commercial development and potentially 500 residential units.

The Bottletek $100 million(100 high paying jobs) facility is still intrested in building somewhere along Doug Barnard pkwy or Mike Padgett Hwy in South Augusta.

The older urbanized part of South Augusta still needs some work. But the newer part of South Augusta closer to the Hephzibah and Blythe cities limits continues to grow. There are several new middle class and up neighborhoods going in outer South Augusta. The Lakes at Spirit Creek start in the low $200's.

The best selling neighborhood(under 50 homes) in the CSRA last year is located in South Augusta.(Richmond Estates). The graduation rate at Cross Creek is 80% and keeps going up every year.

There are new restaurants and busineeses who have opened in South Augusta. There are new stores located at the Colony Plaza. Golden Hibachi opened in the former Shoneys. Hibachi Sushi Buffet is opening in the former Golden Corral on Peach Orchard. There is a new retail center(Windsor Crossing) off Windsor Spring near the Checkers. Remember Colony Plaza is supposed to add three acres of development. And Target, Ruby Tuesday, and Chick Fil A are coming to South Augusta, probably near the Peach Orchard/I-520 interchange...

The thousands of new jobs at Plant Vogtle will affect outer South Augusta, Waynesboro, Blythe, Mcbean, Keysville, and Hephzibah the most.

Little Lamb
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Little Lamb 11/18/10 - 11:36 am
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Countyman wrote: The

Countyman wrote:

The graduation rate at Cross Creek is 80% and keeps going up every year.

The school system bureaucrats keep cooking the books and monkeying with the formula. These “graduation rate” numbers are meaningless. And this meaningless statistic has nothing to do with the subject of this article.

Little Lamb
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Little Lamb 11/18/10 - 11:39 am
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Countyman wrote: A developer

Countyman wrote:

A developer wants to build a upscale South Augusta riverfront development near the Augusta Regional. The development might create a new 'town' on the Southside.

He says he wants to build it, but he wants the county government to give him the money to build it.

Little Lamb
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Little Lamb 11/18/10 - 11:45 am
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Have you noticed that one of

Have you noticed that one of the environmental whackos’ latest tactics is to cry “environmental injustice” when they discover minorities (generally blacks and Latinos) living near facilities that emit pollutants? Well, countyman's new "town on the Southside" near the airport would also be near the city's sewage plant, Olin Chemical plant, Augusta Newsprint, International Paper Mill, Solvay Chemicals, IFF Chemicals and a whole host of other emitters of pollutants. They would have to declare countyman's new "town on the Southside" off limits to minorities or the environmentalists would never let it be built.

countyman
16798
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countyman 11/18/10 - 11:45 am
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Little Lamb.. Where did you

Little Lamb.. Where did you get the developer wants the government to give him the money to build?

countyman
16798
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countyman 11/18/10 - 11:51 am
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Congratulations to Mayor Deke

Congratulations to Mayor Deke and the Development Authorities in Richmond, Aiken, Columbia, Burke, and Mcduffie..

A very big thanks to Walter Sprouse the executive director of the Richmond County Development Authority...

Next week expect to hear about another company moving here and bringing jobs to Richmond County.

Deke does play a vital role in terms of bringing new industry and investment into Augusta. The mayor flew on his own dime(NOT ONE DIME FROM TAXPAYERS) to meet the corporate at ADP. The mayor's meeting help land the 160,000 square feet $40 million investment. There are plans to build another ADP facility next door when the current facility reaches occupancy.

Little Lamb
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Little Lamb 11/18/10 - 12:02 pm
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Following is an answer to

Following is an answer to countyman's question up above:
- - - - - - - - - - - - - - - - - - - - - - - - - - -
Well, from the article that introduced this subject back in April, we had this quote:

City Administrator Fred Russell called the project "positive" but added that if it moves forward, it will require a significant contribution of city energy and time.

“City energy and time” are code words for tax money. Assisted Living Home

Also, city planning director George Patty said the development faces significant hurdles, including environmental issues, the airport's proximity and road access.

Patty and Russell conveniently left out the chemical plants, paper mills, and sewage plant.

Little Lamb
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Little Lamb 11/18/10 - 12:04 pm
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Countyman wrote: The mayor

Countyman wrote:

The mayor flew on his own dime (NOT ONE DIME FROM TAXPAYERS) to meet the corporate at ADP.

I guess that is why he got re-elected so handily.

mary dits
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mary dits 11/18/10 - 01:31 pm
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plant vogtle. did deke do

plant vogtle. did deke do that? or obama?
http://www.youtube.com/watch?v=WzmkOPG1bCw

countyman
16798
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countyman 11/18/10 - 05:11 pm
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The land the developer wants

The land the developer wants to build on near the Augusta Regional airport. Yes, it's near the chemical plants and paper mill but it's nowhere near right on top of them.... The 306 arces of land is beautiful prime real estate.

''require a significant contribution of city energy and time''.

The quote was made because ''The group has looked at building a road on the levee or using a road that winds through nearby New Savannah Bluff Lock and Dam Park, Drum said.''

The development will take alot of the citys energy and time. You've mention the proximity to the airport, environmental issues, and the other hurdles.

Emerydan
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Emerydan 11/27/10 - 12:53 pm
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*

*

Emerydan
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Emerydan 11/27/10 - 12:54 pm
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*

*

countyman
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countyman 11/18/10 - 04:48 pm
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''The only metro area adding

''The only metro area adding jobs and will remain the most vibrant next year, according to a quarterly outlook released Wednesday.''

It certainly sounds vibrant too me.

Forbes, Businessweek, GA Trend, CNN, Miliken Institute, GeoParnet, CNBC, Brookings, MSNBC, Southeast Construction, etc have all ranked Augusta highly in several publications.

Augusta had the 4th highest job growth rate in the nation. The Department of Labor covered the amount of new private sector jobs from September 2009 to September 2010. Out of the 100 largest markets only four of them had a 2% or higher job growth rate.(Augusta, Austin, Oklahoma City, and Charleston).

New companies, retail, hotels, industry, businesses, et arec moving here all the time.

Sales tax revenue collections rose 0.23 percent from September 2009 to September 2010, and the city is 3.4 percent ahead of its budgeted revenue.

countyman
16798
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countyman 11/18/10 - 04:51 pm
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Talk about BS? Augusta has

Talk about BS?

Augusta has one of the best housing markets in the nation.

CNBC ranked Augusta the number 1 city in america to buy a starter home.
http://www.cnbc.com/id/39213223/The_Best_US_...

Southeast Construction ranked Augusta in the top 10 for new home construction. The dollar volume of new Southeast residential construction contracts.
http://southeast.construction.com/southeast_construction_news/2010/0401_...

1. Tampa
2. Atlanta
3. Raleigh
4. Orlando
5. Charlotte
6. Miami
7. Jacksonville
8. Charleston
9. Augusta
10. Columbia

The 24% poverty figure is from 2008. The percentage of families in poverty decreased from 20.9 in 2008 to 18.2% in 2009.

The 10% unemployment rate for the city of Augusta is from months earlier. The October results for the metro or Augusta (city) haven't been released yet.

The national unemployment rate is 9.6% in October. The Augusta MSA September unemployment(8.8%) rate is lower than the October national(9.6) and state(9.9%) average.

Lawpig
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Lawpig 11/18/10 - 05:04 pm
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Emerydan, there is an "ignore

Emerydan, there is an "ignore user" icon that you can click on to ignore unwanted posters. This is a tough economic climate for the nation right now. Every city is doing poorly--these statistics simply show that Augusta is in a better position than most cities. That point, however, is completely lost on you.

corgimom
19235
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corgimom 11/18/10 - 05:28 pm
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Countyman, do you GET IT that

Countyman, do you GET IT that the April construction ranking was when the tax credit for homebuyers was in place, and since it has expired, real estate sales have plummeted? There have been stories in the AC addressing that.

Do you understand that when you post things like that, you totally undermine your credibility?

I've been to Augusta. I've never seen it look so bad, not even in the 80's recession.

You can rave about Augusta all you want. But a $9 million deficit doesn't lie, neither does slashing $750,000 from the sheriff's department. You can post all the magazine rankings that you want, you can post all the fluff PR blurbs you want, Augusta is in serious trouble.

Foreclosures are up. A decline in the unemployment rate doesn't necessarily mean that people are working; that also reflects people whose benefits have run out or given up looking for a job, or who are underemployed.

And this recession isn't expected to end anytime soon.

countyman
16798
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countyman 11/18/10 - 06:18 pm
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Corgimom, do you GET IT that

Corgimom, do you GET IT that the construction ranking was released in May 2010 and covered the first two months(January and February) of 2009 and 2010..

Why are you bringing up the month of April? The tax credit expiring has absolutely nothing to do with the dollar volume between those two months.

There is a link to back up my statements. It's not me who is raving about the city of Augusta. Forbes, Brookings, Miliken Institute, GA Trend, Southeast Construction, CNN, CNBC, MSNBC, Businessweek, etc and GeoParnet are..

There are several cities with deficit worst than $9 million. Many cities are cutting jobs, furloughing workers, and slashing departments.

Oakland, California voted to lay off 80 police officers this year.
http://articles.sfgate.com/2010-07-14/news/21982318_1_union-s-attorney-o...

bettyboop
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bettyboop 11/18/10 - 06:20 pm
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Bottom line

Bottom line countyman...Augusta is in trouble at the grass roots...all the fluff you print will not change what the people who live there and work there everyday will tell you...........talk with the real people ok...not the PR folks whose job it is (maybe yours ) to make things look good when in reality they are not......those rose colored glasses are broken for most of the real hard working tax paying people of Augusta...and just because you say it's so ...don't mean it is.

countyman
16798
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countyman 11/18/10 - 06:31 pm
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Corgimom, don't you live in

Corgimom, don't you live in Charlotte? Hundreds of teacher's aren't being laid of in Richmond County.

The Charlotte Mecklenburg school system voted to layoff 1000 people(including 600 teachers) earlier this year.

http://www.wcnc.com/home/CMS-board-approves-600-teacher-layoffs-88983902...

countyman
16798
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countyman 11/18/10 - 06:39 pm
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Bettyboop. I live in downtown

Bettyboop. I live in downtown Augusta in the heart of the action. You live across the river in North Augusta, SC.

Also, you love to comment about how you rarely visit Augusta. Nothing personal, but I think I interact with the citizens of Augusta/Richmond County alot more than you do.

Augusta has it's fair share of problems similar to every city including North Augusta.

The recent number of new companies, hotels, airlines, retail, restaurants, industry, etc the show the facts...

bettyboop
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bettyboop 11/18/10 - 08:13 pm
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I hear you countyman...but

I hear you countyman...but the people on here who DO live in Augusta hear you also and think you are living in a fools paradise....are you paid to write the fluff you do or do you actually believe in Santa?

TeamLoser
1
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TeamLoser 11/18/10 - 07:59 pm
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Countyman seems like he is

Countyman seems like he is just trolling

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