Simon Says: Extra inflation hikes/employment dip hurting Augusta
Loyal readers will have read Josh Heath’s excellent report on my presentation last week, but if you were unable to attend the economic forecast breakfast last week, here are some additional highlights. In 2021, Augusta compared poorly to other Metropolitan Statistical Areas (MSA) in Georgia. Employment in Augusta remains 2.6% below the pre-pandemic levels of March, 2020. Three MSAs have higher employment levels than March, 2020: Savannah, Valdosta, and Warner Robins. As Josh mentioned, one sector that is doing well is retail; employment locally is at a record high of