Augusta Economic Commentary for December

Press release from the issuing company

Friday, December 12th, 2014

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%