Economics

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Is Eliminating Georgia’s State Income Tax a Winning Idea?

Publisher’s Note: In 1994, yours truly left a TV news/weather position in Augusta to earn $10,000 more at a similar job in Spokane, Washington. It was a double-play as there was/is no state income tax. The cost of living was outrageous on rent, food, gas, etc., and it ate up the extra $$$. I returned to Augusta a year later! Our columnist, Dr. Rick Franza, dug into the pros and cons of Georgia mirroring Washington State’s state income tax decisions. GEORGIA LEGISLATIVE PROCESS In the month of November, I had

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Simon Says: Tariffs and Effects on Jobs

Manufacturing employment in the United States has fallen by 58,000 since April, when President Trump announced his tariffs on “liberation day” to stand at 12.7 million in September. Five straight months of losses in an industry that tariffs were supposed to protect. A week ago, at the economic forecast breakfast, we analyzed the impact of tariffs on manufacturing, as well as the agriculture and service sectors. Using data from 2012-2023 on all metro areas of Georgia, we find that tariffs do have a positive impact on manufacturing employment, but it

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Simon Says: Students break down economic forecast in CSRA

Yesterday, I gave my economic forecast with the help of two undergraduate economics students, Kacey Axon and Brandon Day. Due to the 40 + day delay caused by the feds shutting down the government, we’ve had an absence of local economic data for several months. This week, Kacey and I concentrate on long-term growth and summarize her research. Next Tuesday, we will cover Brandon’s analysis. In economics, when we talk about growth, we talk about an increase in real GDP. GDP is gross domestic product and is the total market

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Checking the pulse of the Metro Augusta economy

About 100 CSRA professionals, educators, and business students attended the annual economic forecast, unlike any other in the previous 17 years of the breakfast event. Dr. Simon Medcalfe, Professor of Economics and Finance in the Hull College of Business, and a columnist for ABD, cautioned that there is no local economic data past Augusta, making it difficult to forecast for next year. However, it created an opportunity to look at long-term practices and how they can influence economic growth and development. “When economists talk about economic growth, we’re talking about

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Simon Says: Long-Term Economic Growth

The Bureau of Labor Statistics released the delayed September jobs report last week. Employment growth was strong, with 119,000 new jobs created, but the unemployment rate edged up to 4.4%. There is no indication, yet, when metro-level data will be made available. For my economic forecast next week, I will therefore look at some more long-term drivers of economic growth as well as some current policies. Obviously, tariffs have been in the economic news this year, and an analysis of their impact in Georgia will be presented. The current administration

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The urgent need to protect healthcare in rural Georgia

Wellstar’s future Columbia County Hospital in Grovetown is likely to provide more medical care than for just people in the Metro Augusta area. The Georgia Chamber of Commerce is looking for ways to protect existing healthcare facilities in rural Georgia, while also encouraging new options. One of those options will be the access to healthcare available at Wellstar Columbia County Hospital near Grovetown. The chamber event’s panel discussion that focused on healthcare was part of the Rural Prosperity Summit. The event brought together hundreds of Georgia business, political, and community

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A glimpse inside the area’s newest hospital

Elected officials and business leaders had a peek inside the hospital under construction in Columbia County. The facility is at exit 190 off Interstate 20. Officials with Wellstar MCG Health organized a Friday morning walk of the 85% completed building on Gateway Boulevard, near the Gateway to Grovetown. “It’s amazing that I’m standing here at this moment in Columbia County’s history,” said David Jameson, interim President and CEO of the Columbia County Chamber of Commerce. “It feels good. If I’m excited, every citizen in Columbia County should be just overwhelmed

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Getting back to normal at the airport

Augusta Regional Airport urges travelers to brace for ongoing delays — as employees scramble to recover from missed paychecks and wait for back pay. Even though the 40-day federal shutdown has officially ended, Augusta Regional Airport leaders say the effects are far from over — not only for passengers, but for the more than 80 TSA and FAA employees now scrambling to catch up on bills, repay loans, and recover from more than a month without a paycheck. At the same time, flight schedules remain unstable, and a 6% nationwide flight reduction

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Simon Says: Bad Job News & Pay in Georgia/Carolina

With the continued government shutdown and no new official economic news releases from federal agencies, I again turn to the ADP employment report for the latest jobs market data. The ADP report is based on national payroll data from more than 26 million U.S. employees, who come from ADP clients, like the ones getting serviced for payroll and HR in West August. This is about 1 in 5 private sector employees, and 1 in 6 covers total employees. The data they have does skew towards larger firms and firms located

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Gearing up for Georgia’s 2026 legislative session

The Columbia County Exhibition Center was filled on Thursday with business owners and community leadership eager to get insights into the 2026 Georgia Legislative session. The Columbia County Chamber of Commerce’s annual Legislative Breakfast brought together state Senator Lee Anderson (R-District 24) and Representatives Dr. Mark Newton (R-District 127) and Gary Richardson (R-District 125) for a panel discussion. “I think it’s important for the business community to know what’s coming, to know what’s going to be discussed in Atlanta, to be able to talk to members and to be able

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