Augusta, GA
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July 16, 2024 6:49 am

Local News

The Tale of Two Counties: Georgia’s Economic Snapshot

The recently released third-quarter 2023 data from the U.S. Bureau of Labor Statistics sheds light on notable trends in Georgia cities and counties. Hall, GA, takes center stage among the 360 largest U.S. counties, boasting a remarkable 5.4 percent over-the-year increase in employment, primarily fueled by an impressive 8.6 percent surge in the manufacturing sector.

Gainesville-Hall County solidifies its status as a thriving manufacturing hub. Kubota Manufacturing of America invested $190 million in a new facility, and Cottrell poured $157 million into a sprawling 600,000-square-foot manufacturing site, collectively generating hundreds of new jobs.

On the wages front, Clayton, GA, leads the charge with a 7.7 percent increase in average weekly wages during the same quarter, primarily attributed to a significant $141 gain (10.0 percent) in the trade, transportation, and utilities sectors. However, this industrial boom only translates into immediate benefits for workers across Georgia, as the overall data for the state reveals a 0.2 percent decrease in average weekly wages during the same period.