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May 5, 2025
B2B Stories

Simon Says: South Carolina beats Georgia economically

There was mixed economic news at the national level last week. The Bureau of Economic Analysis announced that real Gross Domestic Product (GDP) decreased at an annual rate of 0.3% in the first quarter. The decline in economic activity was driven by imports, which increased by 41% from the fourth quarter of 2024. Imports are subtracted from GDP because they represent expenditures by US residents on goods and services from overseas. Much of these imports ended up in firms’ inventory as they tried to get ahead of expected tariffs. We

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Dr. Simon Medcalfe May 5, 2025 No Comments
B2B Stories

CSRA estimates: $3 billion economic development/4,000 jobs

Last week, the President of the Augusta Economic Development Authority (AEDA) walked business leaders through the impact of regional development. Cal Wray brought the report to the Chamber’s first Member Economic Luncheon of 2025. He pulled together numbers from Richmond, Columbia, and Burke counties in Georgia and Aiken County in South Carolina. “Aiken, $1.36 billion in new investment, 1,452 new jobs,” he began. “Burke was $50 million investment, 244 new jobs. Columbia County, $158 million with 1,600 new jobs. Richmond County, $1.335 billion and 778 jobs. That is what manufacturing,

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Dana Lynn McIntyre May 5, 2025 No Comments
B2B Stories

Splish Splash: Your dog’s taking a bath!

Hollywood Feed is expanding this summer in West Augusta. Now, your pets will be able to come into the store and feel part of the expansion. Managers tell ABD that pet parents will have two self-service bathing stations to keep their “best friends” clean. Contractors are cutting through the side wall of the main store to connect two more storefronts that Hollywood Feed will be leasing. The existing 3,150 square feet store will expand to more than 5,000 square feet to allow for the new pet area and for an

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Neil Gordon May 5, 2025 No Comments