Economics

B2B Stories

Simon Says: A Few Bright Spots in Augusta’s LEI, Except for Buying a Home

The Augusta Leading Economic Index (LEI) increased 0.2 percent in February from January. It is 0.9 percent higher than a year ago. The largest change was seen in initial claims for unemployment insurance, which declined by 65 percent on the month. Initial claims for unemployment insurance often fall in February, but there were just 653 new claims in the Augusta Metropolitan Statistical Area (MSA) in February, the lowest since November 2019. The percentage decline was greater than the state of Georgia as a whole, which saw claims fall by 40

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Business groups’ solutions to minimize tariffs

The Georgia Chamber of Commerce is watching how Trump Administration’s tariff policies can impact the state’s economy. The Chamber released Guidance and Advice on Tariffs and Trade Regulations (www.gachamber.com/data/tariffs-briefing-april-16-2025-guidance-advice-on-tariffs-and-trade-regulations/), a 14-page report examining the current situation while providing guidance on ways to mitigate the impact. Coinciding with the release of the report, Chris Clark, President and CEO of the Georgia Chamber, held a virtual news conference with reporters across the state, including ABD. The latest report focused on Georgia’s most valuable sectors, including manufacturing, retail, and agribusiness. One recommendation is

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Impact of This Year’s Red Carpet Tour

The red carpet was rolled up, but local participants in the 2025 Red Carpet Tour are following up on connections made during the event. The tour, sponsored by the Georgia Chamber of Commerce and hosted by the Augusta Metro Chamber of Commerce, brought business leaders from around the world to the Garden City. “I’m following up with people we met on the tour, so we haven’t slowed down,” Cal Wray, President of the Augusta Economic Development Authority (AEDA), told ABD. “I’d love to say we get to take this week

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Simon Says: Trump Impact on Jobs Plus Health/Education Sector Slips

The number of federal employees in the U.S. fell by 10,000 in February from January, reflecting the policies of the Trump administration. In Augusta, the number of federal employees remained unchanged at 10,100. Overall, the government sector (federal, state, and local) in Augusta added 150 employees in February. Local government has the largest number of employees at 21,700 followed by state at 13,500. The government sector is the largest in Augusta with 45,300 employees, or 18 percent of all workers. The next largest sector is professional and business services at

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Rolling out the Red Carpet for business leaders

Golf is not Augusta’s only Spring tradition. It is also when the city welcomes business leaders from around the world. Led by Gov. Brian Kemp (R), the 63rd Annual Red Carpet Tour, organized by the Georgia Chamber of Commerce and hosted by the Augusta Metro Chamber of Commerce, wrapped up over the weekend with a second visit to Augusta. The Garden City is the only city the annual tour visits twice. The tour also visited Athens on Friday. The guests arrived in Atlanta on Wednesday, then came to Augusta for

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Georgia Chamber Praises Pro-Business Legislation

The 2025 Georgia Legislation Session is in the history books, and the state’s business community is touting the legislation that will help businesses. A news release from the Georgia Chamber of Commerce detailed a series of pro-business legislation that made it through the General Assembly. The measures await Gov. Brian Kemp’s (R) signature. “The Georgia Chamber and our tens of thousands of members across the state applaud the Georgia General Assembly and our legislative leaders, in particular Lieutenant Governor Burt Jones and Speaker of the House Jon Burns, for their

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Red Carpet Rolls Out and Business Prospects Roll In

Today, some key Augustans will probably have tired hands and feet from shaking hands and walking Augusta National. Augusta Richmond County Economic Director Cal Wray, his staff, and dozens of ambassadors organized by the Augusta Metro Chamber of Commerce will be welcoming business leaders from all over the world. It’s time for the annual Red Carpet Tour. Wray says his office will be speaking to several people associated with dozens of ongoing projects—many of them are site selection consultants hired to scout communities like Augusta on behalf of companies. “We

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Big Impact Coming to CSRA via Tiger Woods, Augusta National, and Augusta Tech

In a landmark initiative that promises to expand educational and recreational access for youth in the Augusta area, Augusta National Golf Club and five-time Masters champion Tiger Woods have announced a long-term partnership to deliver high-quality STEAM programming and affordable golf opportunities to the local community. Through a collaboration with Woods’ nonprofit, the TGR Foundation, and his course architecture firm, TGR Design, the partnership will bring two major developments to Augusta: A TGR Learning Lab, to be built at the former site of Lamar Elementary School, offering free year-round STEAM (Science,

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Mapping the Future of South Carolina’s Roads

The South Carolina Department of Transportation (SCDOT) is soliciting public input on the Palmetto State’s future transportation needs. The department has created Momentum 2050: the Statewide Multimodal Transportation Plan. It assesses the existing statewide transportation system and anticipates impacts over the next 25 years. Secretary of Transportation Justin Powell, in a statement on the plan website, said it is a road map for economic prosperity. “The road and bridge network in South Carolina supports the movement of freight and people across our state. We have to keep these critical arteries

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CSRA Caterers Master Crunch Time

Thousands of visitors from across the country and around the world are in town for the 89th Masters tournament. They are shopping with local retailers, staying in hotels and in homes that are rented out for the week. Those golf enthusiasts all have to eat somewhere, which is why restaurants are packed, and caterers are jumping to meet the demand. Fat Man’s Mill Café and Catering is swamped with catering jobs for small groups and corporate events. “We are closed for the week to focus on the Masters. For us,

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