Economics

B2B Stories

Latest report shows almost $3 billion impact from AU and AU Health

Augusta University, both the Health Sciences campus and the Summerville campus, are educating the workforce of the future while pumping millions into the state and local economies. The latest report by the University System of Georgia found Augusta University and AU Health, including the campus in Athens, are responsible for a $2.94 billion economic boost to the Georgia economy in 2022 and employed 21,250 people. Add to that, the $8.6 million and 69 jobs from campuses in Albany, Savannah, Brunswick, Rome, and Dalton. “Augusta University and AU Health are not

Dana Lynn McIntyre August 16, 2023 No Comments

B2B Stories

Simon Says: Generational holdouts impact worker shortages

Where have all the workers gone is still a question I hear. Restaurants are closed some days because they cannot get the staff. Dry cleaners refuse to accept clothes after 5 pm for the same reason. In the Augusta MSA, there are 263,000 people in the labor force, down from 270,000 pre-pandemic (see below). Nationally, about 2.6 million workers are in the workforce compared to pre-pandemic. Although the labor force level by demographic is not available for the local area, national data suggests who has returned to work and who

Dr. Simon Medcalfe August 14, 2023 No Comments

B2B Stories

Annual cyber conference brings big economic boost to CSRA

The 10th Anniversary of the Armed Forces Communications & Electronics Association International’s (AFCEA) TechNet Augusta kicks off today, bringing 5,000 attendees to the Augusta Convention Center at the Marriott. The 4-day cyber-centric conference will generate an estimated $3,990,154 in visitor spending. “TechNet, which attracts attendees from across the globe, is Augusta’s largest conference and continues to grow and expand,” said Destination Augusta’s Bennish Brown, President & CEO. Many businesses have directly benefited from this conference and visitor spending. Over the course of their 10 years in Augusta, TechNet has generated $20.8 Million

Staff Report August 13, 2023 No Comments

ABD Extra

Patrick Reynolds: How is inflation impacting the hiring process?

There’s not an easy button. Here’s a look back at May’s Employment Recruitment & Retention Panel discussion from ABD’s Conference and Expo, as Patrick Reynolds, CEO of Cross Link Consulting, explains the necessity of working together, even in difficult situations.

Patrick Reynolds August 10, 2023 No Comments

B2B Stories

Will voters spare half a cent for new JBA?

The die is cast and the information blitzkrieg is underway as the Augusta-Richmond County Coliseum Authority touts the benefits of a new James Brown Arena. On Nov. 7, Richmond County voters are being asked to go to the polls and vote in favor of a referendum creating a half-cent sales tax to pay for the project. SB230 creating the Coliseum Special Local Option Sales Tax, or C-SPLOST was approved by the Georgia Legislature during the 2023 legislative session and signed into law by Gov. Brian Kemp. Now, the onus is

Dana Lynn McIntyre August 8, 2023 No Comments

B2B Stories

Simon Says: Signs of economic improvement

The Bureau of Labor Statistics recently announced that job openings were down in 15 states, and little changed in the other 35 on the last day of May. In Georgia, job openings were down 17,000, but job openings were up 6,000 in South Carolina. Job openings are one variable in the Augusta Leading Economic Index (LEI), and they have been trending down since February. Fortunately, other components of the LEI have been trending up. Residential building permits were up 31 percent in May and have increased in four out of

Dr. Simon Medcalfe August 7, 2023 No Comments

B2B Stories

Impact of the growing process for future CSRA healthcare

Building new hospitals, covering rural healthcare, and addressing the needs of an aging population are being discussed in a series of meetings by a Georgia House of Representatives committee. Today’s topic was suggestions of how best to modernize the state’s Certificate of Need (CON) process for CSRA healthcare. The CON process, administered by the Georgia Department of Community Health, determines that a new or expanded healthcare service or facility is needed. Included on the list of healthcare facilities and services are the construction of new hospitals, new and expanding nursing

Dana Lynn McIntyre August 1, 2023 No Comments

B2B Podcasting

Simon Medcalfe: How is inflation impacting the hiring process as a whole in the local area?

It’s on the minds of many! We’re looking back at May’s Employment Recruitment & Retention Panel discussion from ABD’s Conference and Expo, as Augusta University professor and author of ABD’s Simon Says column, Simon Medcalfe, discusses the potential of using technology to help with recruitment and possible cautions to have as well.

Dr. Simon Medcalfe July 27, 2023 No Comments

B2B Podcasting

Simon Medcalfe: Discussing current employment statistics

Statistically speaking, everyone could have a job or two. We’re looking back at May’s Employment Recruitment & Retention Panel discussion from ABD’s Conference and Expo, as Augusta University professor and author of ABD’s Simon Says column, Simon Medcalfe explains the unemployment rate.

Dr. Simon Medcalfe July 26, 2023 No Comments

B2B Stories

Latest report shows almost $3 billion impact from AU and AU Health

Simon Says: Generational holdouts impact worker shortages

Annual cyber conference brings big economic boost to CSRA

Patrick Reynolds: How is inflation impacting the hiring process?

Will voters spare half a cent for new JBA?

Simon Says: Signs of economic improvement

Impact of the growing process for future CSRA healthcare

Simon Medcalfe: How is inflation impacting the hiring process as a whole in the local area?

Simon Medcalfe: Discussing current employment statistics

Sponsored Article: Insuring your future by the Golden Rule

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