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Economics
B2B Stories

2025 Looks Promising for Augusta Businesses. Here’s Why.

As we move into the second quarter of a new year, let us pause to appreciate what has been quite an eventful few months. With the election, the possibility of a global trade war, and other world events, Augusta business owners have a lot to think about in 2025. The good news is that things are looking promising for commerce in and around Augusta, thanks to our community’s continued economic and business strength and steady population growth. Economic Tailwinds With markets continuing to hover near record highs and the national

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By Kevin Glass, Augusta Market President, at Synovus Bank and Gary Woodhurst, Commercial Banker - Augusta, Synovus Bank April 1, 2025 No Comments
B2B Stories

Masters Week 2025 Taking Flight

This week marks the beginning of the arrivals of golfers and golf fans, with the Augusta National Women’s Amateur (ANWA) leading the way. The first practice round is on April second at Champions Retreat Golf Club in Columbia County. The final round is at the Augusta National Golf Club on April fifth. Leaders at Augusta Regional Airport said they are ready to welcome visitors. “We’ve had multiple planning meetings. We talk with all of our partners, the TSA, the airlines, the air traffic control, the rental cars. We all have

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Dana Lynn McIntyre March 31, 2025 No Comments
B2B Stories

Simon Says: Economic Improvement in CSRA

The Augusta Leading Economics Index (LEI) increased 0.3 percent in January from December. It is 0.6 percent higher than January 2024. This is good news, given that all five components moved adversely in December. In January, permits for new residential housing increased by 13 percent to 282. Initial claims for unemployment insurance fell by 10 percent to 1,288. The Dow Jones Industrial Average rose to 44,544 at the end of January, although it has given back those gains in February. Inflation in the south rose slightly to 2.8 percent. The

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Dr. Simon Medcalfe March 31, 2025 No Comments
B2B Stories

Several businesses expand in busy Wheeler Rd. corridor

Two more restaurants are making plans to open along Wheeler Road and close to Walton Way Extension, where ABD reported 7 Brews Coffee is building on the old Smith’s Chevron property. On Friday, Jordan Trotter Commercial Real Estate shared details in its monthly newsletter to subscribers. The realtor has leased out three bays in one strip center next to South State Bank and in front of the YMCA running track. They are also actively offering a ground lease or build-to-suit opportunity on 1.15 acres in a location next to where

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Neil Gordon March 30, 2025 No Comments
B2B Stories

SRP and ATC Partner$hip

Augusta Technical College and SRP Federal Credit Union recently expanded their partnership. Their latest collaboration introduces the Augusta Technical College Foundation Affinity Debit Card, offering alumni, students, and supporters a new way to give back to the college with every purchase. The newly launched debit card, featuring Augusta Tech’s logo and signature forest green, mint, and white color palette, is part of SRP’s Affinity Debit Card Program—an initiative that donates a portion of every transaction to local schools. Augusta Technical College is the first higher education institution to participate in

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Staff Report March 26, 2025 No Comments
B2B Stories

New Home for North Augusta Public Safety

Construction is completed and the ribbon cut, officially marking the opening of North Augusta’s new Public Safety headquarters on Georgia Ave. The new public safety headquarters complements Engine Company 1, which went into service in 2022 at the corner of W. Martintown Road and Observatory Avenue. Mayor Briton Williams told ABD that the placement of the two buildings is strategic based on the city’s growth. “There’s no doubt we are growing through Exit One. We continue to have growth in Exit Five. You’re seeing what I think is going to

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Dana Lynn McIntyre March 25, 2025 No Comments
B2B Stories

Changing of the Guard: How a New Administration Might Affect Augusta’s Economy

Augusta’s business climate has long been tied to the government sector. With public installations like Fort Eisenhower and the Savannah River Nuclear Site contributing heavily to our local economy, any changes in public spending resulting from new leadership in Washington could have a measurable impact on Augusta’s business landscape. While it is too early to tell the exact impact that a Trump administration could have on our government sector, it’s safe to say that a certain level of disruption is to be expected. That begs the question, how else might

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By Kevin Glass, Augusta Market President, at Synovus Bank and Gary Woodhurst, Commercial Banker - Augusta, Synovus Bank March 25, 2025 No Comments
B2B Stories

EXCLUSIVE: Business leaders join the Metaverse

An event sponsored by the North Augusta and Aiken Chambers of Commerce gave nearly 100 people their first glimpse of what to expect when one of the top five internet companies is operational in Aiken County. Meta, the parent company of Facebook, Instagram, and Threads, is building a data center in the Sage Mill Industrial Park. On March 21, a seminar at Aiken Technical College, led by a Meta certified lead trainer, marked the first public event since the Sept. 2024 announcement. “If we’re going to take up space in

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Dana Lynn McIntyre March 24, 2025 No Comments
B2B Stories

Simon Says: Mixed job news after COVID correction

Last week, the Bureau of Labor Statistics adjusted employment numbers for Metropolitan Statistical Areas (MSAs) in the U.S. to accommodate updated information and census data. The revisions go back to 2020. For Augusta, this meant a revision downwards of employment numbers totaling 6,000 over the last four years. Employment in December 2024 was 246,900, 1,500 less than previously reported. The revisions were particularly prominent in the last year with 2,800 fewer jobs now being recorded. The good news is that employment did increase to 247,400 in January which is the

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Dr. Simon Medcalfe March 24, 2025 No Comments
B2B Stories

Augusta preps in full swing approaching Masters Week

Motorists will soon see a sign of the times. Literally. The City of Augusta’s Traffic Engineering Division will begin installing the ubiquitous green and white “Golf Traffic” signs along major thoroughfares this week. John Ussery, Assistant Director for Traffic Engineering, said all the signs should be in place by the end of the week. Those signs are one of the more low-tech ways to help visitors find their way to and from the golf course on Washington Road. Ussery held a media briefing to give an overview of the traffic

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Dana Lynn McIntyre March 23, 2025 No Comments
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