B2B Stories

B2B Stories

Simon Says: LEI takes a hit…again!

The Augusta Leading Economic Index (LEI) fell 1.1 percent in December 2023 from November 2023. It is 2.5 percent lower than December 2022. The index has fallen 12 percentage points from its all-time peak in June 2022, with data going back to 2007 (see chart below). The major components that caused the monthly decline were residential permits and initial claims for unemployment insurance. Housing permits fell 21 percent in December from November and were 813 lower in 2023 than in 2022. Initial claims for unemployment insurance claims rose 27 percent

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B2B Podcasting

Shortage of doctors can impact our local economy

Healthcare providers are significant employers. A shortage of primary care physicians or clinics that provide primary care can have broader economic implications, affecting jobs, local economies, and community well-being. Mike Petchenik has more in today’s Biz Bits.

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B2B Stories

Businesses partner with Augusta Tech’s new program

Augusta Tech is launching a community partnership program with local businesses. The Cougar Community Partners Program kicks off with a webinar on Wednesday, February 28. The program is a perfect fit for Augusta Tech’s cultivating a culture of collaboration with local businesses. The goal is to provide opportunities for businesses to engage with their faculty, staff, and students. If you are a local business interested in joining the Augusta Technical College’s Cougar Community Partners Program, you can register for one of the two sessions below. 10 am session 5 pm

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B2B Stories

CSRA firm expands to spotlight your needs

A company with a South Augusta showroom and three South Carolina locations is getting ready to light up Evans. LITECRAFT is getting ready for its outdoor season with the upcoming Masters tournament, while clients plan to undertake spring and summer renovations. The company also provides lighting solutions for ceilings, walls, and with free-standing lamps. Owner—Augustan, Michael Johnson has showrooms in Charleston, Surfside Beach, Greenville, and on Barton Chapel Road in Augusta. According to Jordan Trotter Commercial Real Estate, LITECRAFT Lighting is the fastest-growing lighting store in the Southeast. JT handled

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B2B Stories

Universities fueling the workforce pipeline for tourism and hospitality jobs

Travel, tourism, and hospitality are rebounding following a slump during the years of the COVID-19 pandemic. Augusta University and UGA are helping bump the numbers by offering training programs for those industries. A recent report from the University of Georgia (UGA), listed hospitality and tourism as the second largest contributor to the state’s economy. In 2022, there were nearly 168 million visitors generating $39.8 billion in direct visitor spending. That translates to $4.7 billion in state and local tax revenues. In Athens, the UGA Center for Continuing Education & Hotel

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B2B Podcasting

Making $ through state contracts

Are you a small business? Need to make more money and move your business forward? Today’s Biz Bits outlines the steps for the doing business with the state of Georgia. Check it out!

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B2B Podcasting

Transportation troubles?

If transportation drives tourism and the economy in the CSRA, you can’t have a hitch in your giddy-up. Mike Petchenik explains in today’s Biz Bits.

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B2B Stories

Veterans open CSRA business to serve and protect your biggest lifetime purchase

After more than 20 years of military service in the U.S. Army, Jeremiah Adell and his wife, Maria are serving again, this time with a home inspection business. Last month, their family opened a Pillar to Post Home Inspectors franchise. “I’m from Rochester, New York, but Maria is from Augusta. When we bought our house here, I was still deployed, so the Pillar to Post Home Inspectors business seemed a great fit for us. The company has a checklist that takes the mystery out of home inspection whether a spouse

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B2B Stories

Another hurdle cleared and one step closer to JBA reality

The second step required to collect funds for the new James Brown Arena construction has been completed. Augusta Commissioners Tuesday unanimously approved an intergovernmental agreement with the Augusta Richmond County Coliseum Authority. The agreement sets in motion the financial process of collecting and dispersing the money from the half-penny Construction Special Project, Local Option Sales Tax (C-SPLOST). It also clears the way to begin collecting money through the $250 million bond issue approved by voters last November. The process began in late January when members of the Authority approved the intergovernmental

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