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Economics
B2B Stories

Boot Camp to Benefit CSRA Construction Boom

Augusta Technical College is bringing a program to train multiple disciplines within the building trades in a minimal amount of time. Construction Ready is an Atlanta-based 501(c)3 nonprofit organization that believes careers in the skilled trades should be just as important as those requiring four-year degrees. Formerly known as the Construction Education Foundation of Georgia (CEFGA), it focuses on skills training for the construction industry. The program will be offered at Augusta Tech in March. “It is 20-day boot camp offering individuals from the community to come in and learn

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Dana Lynn McIntyre January 30, 2025 No Comments
B2B Stories

Branding Accelerate Augusta

The leadership developing the microenterprise center under construction on Broad Street gave the first look at the symbol that will mark the facility. Two logos for Accelerate Augusta were unveiled, including one incorporating partner, SRP Federal Credit Union. “We were honored when the opportunity arose to partner with Augusta Tech on Accelerate Augusta,” Ed Jenkins, CEO of the financial institution told ABD. “We quickly saw the impact we believe it can make, not just on Augusta, but the CSRA as its incubator launches small and new entrepreneurial businesses. We just

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Dana Lynn McIntyre January 29, 2025 No Comments
B2B Stories

$30k Helene Help for the Arts

The Greater Augusta Arts Council awarded 51 local creatives with Hurricane Relief Micro-Grants through the C.R.E.A.T.I.V.E. Grant initiative. This program, led by the Council’s new Executive Director, Denise Tucker, provided critical support to artists impacted by Hurricane Helene. C.R.E.A.T.I.V.E. FUND (Creative Relief for Emergencies and Assistance) Individual Vital Empowerment was designed to provide support to CSRA Individual Member Artists as they re-imagine & rebuild during the devastation caused by Hurricane Helene. Micro-Grants of $500-$1000 were distributed to support costs associated with replacing supplies or a lost gig during this time. The $30,000

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Staff Report January 28, 2025 No Comments
B2B Stories

Major Healthcare Investment to Benefit CSRA

A new facility planned by Augusta University got a boost from Atlanta and is expected to benefit the school and the region. Ga. Gov. Brian Kemp’s (R) amended FY 2025 budget includes nearly $100 million to fund the construction of a new research building for Augusta University’s Health Sciences campus. Dr. Russell Keen, President of Augusta University, told ABD this is an exciting time for the university as it expands its reputation for research. “This building is the beginning of an aggressive strategy to grow not only our researchers and

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Dana Lynn McIntyre January 28, 2025 No Comments
B2B Stories

Simon Says: Most residential building permits in 25 years!

It has been a while since I updated the Augusta Leading Economic Index (LEI) and there have been some interesting developments. In September and October, there were 572 and 545 new residential building permits issued for the August Metropolitan Statistical Area (MSA). The September number is the second highest, and the October number the fourth highest, since records began in January 2000. This represents good news for the construction industry and the supply of housing to help ensure affordable housing. Initial claims for unemployment insurance took a hit in October,

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Dr. Simon Medcalfe January 27, 2025 No Comments
B2B Stories

Kemp’s amended budget has good news for Augusta

Ga. Gov. Brian Kemp (R) pointed to the Peach State’s continued economic health in his 2025 State of the State address on Jan. 16. He said Georgia had withstood unforeseen challenges, including a pandemic and major weather disasters, while retaining its number one ranking as the best state to do business for the 11th year. Kemp’s speech highlighted the broad strokes of the state’s economic picture, past and future, and included a call to lower the personal income tax to 5.19% from the current 5.39%. However, in his amended FY2025

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Dana Lynn McIntyre January 27, 2025 No Comments
B2B Stories

CSRA Businesses Impacted by Snow and Sub-Freezing Temps

Twice since the aftermath of Helene, winter weather has hit the CSRA – it impacts businesses, employees, and the consumers who support them. “Several businesses across the CSRA opted to close early on Tuesday and today’s schedule is yet to be determined. What matters most to these small businesses is the safety of their employees and their customers,” said John Porter, Director of Downtown Soul City. Ironically one of the events that was supposed to happen on Tuesday was a book release party for the Onyx Storm at the Book

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Mitzi Oxford January 21, 2025 No Comments
B2B Stories

Legislative session underway in the Palmetto State

South Carolina lawmakers have converged on Columbia for the start of the 2025 Legislative Session. In a news conference coinciding with the start, Gov. Henry McMaster (R), joined by Lt. Gov. Pamela Evett (R), laid out his proposals in his $14 billion executive budget proposal as the session began. High on his agenda are income taxes and education. He pointed to a time when South Carolina had the highest personal income tax rate in the southeast and the 12th highest in the nation. Three years ago, he signed legislation to

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Dana Lynn McIntyre January 20, 2025 No Comments
B2B Stories

Simon Says: Augusta AI Growth

Augusta is set to benefit from the increasing use of Large Language Models (LLMs), a type of artificial intelligence (AI) model that can understand and generate human language (so says Google AI Overview!). According to recent economic research by Scott Abrahams and Frank Levy, Augusta is ranked second in a list of Metropolitan Statistical Areas (MSAs) that may benefit from the technological change. Their analysis follows from the observation that 15% of all tasks currently performed by humans could be completed by generative software such as ChatGPT, and 19% of

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Dr. Simon Medcalfe January 20, 2025 No Comments
B2B Stories

Governor Kemp outlines priorities for the 2025 Legislative Session

The 2025 legislative session is underway in Georgia and Gov. Brian Kemp (R) has laid out his agenda for business and education. Speaking at the annual Eggs and Issues Breakfast, sponsored by the Georgia Chamber of Commerce, Kemp pointed to policies that have the state ranked number one for business, according to a news release from his office. Kemp referred to the more than 193,000 jobs created in the last five years, along with $90 billion in private investments, thanks to the partnership with the state Chamber, as well as

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Dana Lynn McIntyre January 15, 2025 No Comments
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