Economics

B2B Stories

Fort Eisenhower: Driving the Augusta economy forward

Since the establishment of Fort Eisenhower in 1941, the government has been a significant driver of the economy of Augusta. Fort Eisenhower is the current home of the United States Army Signal Corps, United States Army Cyber Command, and the Cyber Center of Excellence. Spread across nearly 56,000 acres, Fort Eisenhower supports a population of over 100,000, including military families, contractors, retirees, and others, making it the largest non-manufacturing employer in Augusta. Growing Augusta’s tech workforce With technology rapidly changing, we can expect Fort Eisenhower to continue driving economic growth

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Tonight’s special sales tax program

Leaders with the Aiken County Public School District (ACPSD) are asking voters to support the next installment of the One Percent Educational Capital Improvements Sales & Use Tax. The third of five public meetings to explain the tax to county residents is set for Sept. 17, 6:00 p.m. at South Aiken High School on E. Pine Log Road. Although targeting residents of Area One, it is open to any county resident. Often referred to as the One Cent Sales Tax or Penny Sales Tax, the ballot issue was among the

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Simon Says: Give yourself a raise!!!!

The average weekly wage in the first quarter of 2024 was higher in six of the seven counties in the Augusta Metropolitan Statistical Area (MSA), according to new data recently released by the Bureau of Labor Statistics. The fastest growth was seen in Lincoln County at 6.4 percent, followed by Edgefield County. Burke County’s average weekly wages fell 8.6 percent. The good news for Burke County is they still have the highest average weekly wage at $1,972, comfortably higher than second place in Aiken County. Although Lincoln County had the

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AT&T strike is over

Publisher’s  Note:  Here is the verbatim statement sent to ABD Sunday evening: STATEMENT: The following can be attributed to Jeff McElfresh, AT&T Chief Operating Officer: “We are pleased to announce that we’ve reached 2 tentative agreements with the Communications Workers of America (CWA). The first is in District 9 in the West, which comes within days of getting back to the negotiating table to constructively reach a new deal. The second is in District 3 in the Southeast, bringing the work stoppage to an end on Sept. 16. As we’ve said

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Agriculture commissioner highlights CSRA food facility

Members of the Augusta Metro Chamber of Commerce learned agriculture still ranks as Georgia’s number one economic driver. Tyler Harper, Commissioner of the Department of Agriculture, was the keynote speaker for the Chamber’s Member Economic Luncheon on Thursday. The topic was “Harvesting Prosperity, Agricultural Innovations and Impact.” He said even into the 21st century, the agriculture industry tops all others, calling it the backbone of Georgia’s economy. “It is an almost $84 billion economic driver. It is almost 17% of the state’s economy,” he said. “One in seven jobs, 330,000

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CSRA businesses jump on board for Ironman

In a month that is projected to bring in more than $12 million to the local economy, the 15th Annual Ironman 70.3 on September 29 is one of the biggest events on the list. More than 6,500 visitors are expected to visit and cheer on participants with close to a $6 million estimated economic impact. Athletes will tackle a quick 1.2-mile down-river swim in the Savannah River before biking 56 miles through rural Augusta, and wind up with the flat 13.1-mile spectator-filled run course which will take them along the North Augusta Greeneway

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Hot tech topics highlight CSRA conference

SC Decoded 2024 wrapped up a two-day conference on Wednesday, but not before a large crowd was updated about “The A, B, C, and Ds of Technology in South Carolina: Artificial Intelligence, Broadband, Cybersecurity, and Defense.” More than 200 people attended the annual event, held at the Crowne Plaza, and hosted by the South Carolina Council on Competitiveness, to meet with vendors and hear updates on the technology industry that packs a powerful economic punch. One of the speakers was Joseph Von Nessen, a research economist with the Darla Moore

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$122 million in savings to Georgia Power customers

The Georgia Public Service Commission (PSC) has voted unanimously to approve a motion to expedite the return of approximately $122 million in funds beginning January 2025. The money is available due to recent changes to state tax law which lowered the Georgia Power’s corporate tax rate. The estimated savings for the typical residential customer using an average of 1,000 kilowatt hours per month amounts to about $2.25 per month. This adjustment will partially offset the implementation of the third year of Georgia Power’s 2022 rate request. The move is the

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Union workers in CSRA and across the South still on strike

The work stoppage pitting members of the Communications Workers of America (CWA) District 3 against AT&T continues for a third week. The walkout began when talks between the company and the union broke down after two months of negotiations. Both the company and the union have sometimes posted daily updates on their respective websites. Both say talks resumed over the weekend. That followed the union’s September 2nd decision to step away from talks that included the Federal Mediation and Conciliation Service. CWA District 3 Vice President, Richard Honeycutt called the

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Opportunities ahead: Business growth in Augusta

As the second largest metro area in Georgia with more than 600,000 residents, Augusta continues to grow. In fact, Augusta has experienced a notable 26% population growth over the past two decades. There are several business trends and economic factors attracting more and more people to the area. One of the largest economic drivers in Augusta is the government. Fort Eisenhower has long played a significant role in spurring local growth as it brings military families, contractors, and other skilled workers to the area. Fort Eisenhower’s population has doubled over

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