Economics

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Economic Update: Sweet Sound of Success

Who’s causing all that racket? Sounds like Columbia County! Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher Neil Gordon discuss a new deal that will allow for a public tennis court in the area. If you have a sweet tooth, you might want to check out Alumni Cookie Dough’s new location with a local coffee shop. In addition, Holdeman reviews three tips to help businesses create welcoming environments for employees. Be the first to get a big, cookie dough-sized scoop on these tips

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Simon Says: Receding Recession?

The Augusta Leading Economics Index has reversed its slide from the summer of 2022 to the end of the year. The latest data for February 2023 shows the index up 0.6 percent using a three-month moving average. The unadjusted change from January is much bigger at 1.9 percent. However, given the fall witnessed in the last two quarters of 2022, the index is below February 2022 levels. Residential building permits increased in both January and February suggesting improvement in the overall housing market, including suppliers such as lumber, masonry and

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B2B Stories

Experts share advice on growing Augusta’s economic base and workforce

The tournament has ended and golf patrons have left town. Now, the focus returns to growing Augusta the other 51 weeks of the year. That was the message to the Women in Business luncheon on April 18, sponsored by the Greater Augusta Chamber of Commerce. Three experts who well know hospitality, downtown development, and economic growth brought their expertise to the luncheon. Bennish Brown, President of Destination Augusta, Margaret Woodard, Executive Director of the Downtown Development Authority, and Cal Wray, President of the Augusta Economic Development Authority explained the selling

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B2B Stories

How health (good and bad) impacts your business in the CSRA

Are employees in the CSRA unhealthy? That’s a big yes from a recent study by WalletHub. Not one single southern city made the list for healthiest places to live, but almost all the unhealthiest locations were in the southeast including two in Georgia. Columbus came in at #4 and Augusta was #5 in the Top 10 unhealthy cities. WalletHub’s analysis used 43 metrics to rank the cities, including the cost of medical care, residents’ diets, levels of physical activity, and access to green space. Improving our unhealthy ranking has the

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B2B Stories

University to address supply chain cyberattacks

Supply chain leaders predict that food, gas, and computer chips are most at risk of impact in 2023. Who does that impact? Every business and consumer, in other words, all of us. USC Aiken will host a virtual panel discussion to discuss those concerns led by Dr. Hala Strohmier Berry, Assistant Professor of Computer Science and Director of the university’s Center for Cyber Initiatives and Awareness. “Supply chain cyberattacks have been a concern for cybersecurity experts for many years, mainly due to the chain reaction triggered by one attack on a single

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Simon Says: Staffing Strategies

The labor shortage continues to be a concern for many businesses. The Augusta metro area employment level is still 4,000 persons below pre-pandemic levels and the labor force is almost 8,000 people fewer. A new survey of businesses conducted by the Bureau of Labor Statistics indicates how firms are trying to attract more applicants. The most popular strategies were increased advertising and higher starting pay. Nationwide, 5.4% of establishments have increased advertising, with 11.8% of accommodation and food services and 9.7% of health care and social assistance increasing advertising. The

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More seats, more events, more tourism for CSRA

A $150,000 grant has opened the door for changes to seating capacity at the Sharon Jones Amphitheater in North Augusta. The grant is through the Undiscovered South Carolina program in the state’s Parks, Recreation, and Tourism department. Karl Waldhaur, superintendent of Facilities and Programs in the North Augusta Parks, Recreation, and Tourism Department briefed council members during the April 10 study session. “The purpose is to highlight places in South Carolina that have less than $900,000 of accommodations tax revenue,” Waldhaur explained. “So, the purpose is to kind of highlight

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Economic Update: Livin’ the Life in Business

It’s all in the family! Coach Dave Holdeman from The Alternative Board of the CSRA and Augusta Business Daily publisher, Neil Gordon congratulate family-owned MAU on 50 years in business. Holdeman and Gordon also discuss a project aiming to bring more tourism to the area and ways companies can measure engagement among their employees to create an ideal workplace culture. Get the latest on this and more in the economic update for this week!

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B2B Stories

More seats, more events, more tourism for CSRA

A $150,000 grant has opened the door for changes to seating capacity at the Sharon Jones Amphitheater in North Augusta. The grant is through the Undiscovered South Carolina program in the state’s Parks, Recreation, and Tourism department. Karl Waldhaur, superintendent of Facilities and Programs in the North Augusta Parks, Recreation, and Tourism Department briefed council members during the April 10 study session. “The purpose is to highlight places in South Carolina that have less than $900,000 of accommodations tax revenue,” Waldhaur explained. “So, the purpose is to kind of highlight

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Business leaders receive the royal red carpet treatment

Green jackets and red carpets are part of the 61st tour of Georgia as business leaders from around the world descend upon the Peach State. The Augusta Chamber of Commerce, in partnership with the Georgia Chamber of Commerce, welcomes business leaders to spend four days learning what the Peach State has to offer.  The tour began yesterday in Atlanta with a reception at the Governor’s Mansion, hosted by Gov. Brian Kemp and First Lady Marty Kemp. “I talked last night about a great team we have here,” Kemp said. “It’s

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