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B2B Stories

Transportation impact on CSRA economic growth

The future of public transit needs in light of growth in Aiken County was the focus of the Feb. 8 “Good Morning North Augusta” breakfast, sponsored by the North Augusta Chamber of Commerce. The Lower Savannah Council of Governments (COG) is working with a Minnesota-based company to study transportation and economic growth in the Aiken-Augusta area. Public transit in Aiken County had been operated by the City of Aiken but was turned over to COG in 2004. “Since then, we’ve modified a little bit of our transit system, our Best

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Dana Lynn McIntyre February 8, 2024 No Comments
B2B Stories

The 411 on doing business with Georgia

Getting a government contract with the Peach State could be lucrative, but may seem like a daunting task. The Augusta Chamber and Rhodes Porter Business Development Management are providing a Special Edition Business Builder to help cut through some of the red tape. The registration deadline is tomorrow, Friday, February 9. Advanced registration is required at augustametrochamber.com/events. The Special Edition Business Builder – “Procurement in the Peach State” will be presented by Crystal Langley and Julian Bailey from the Georgia Department of Administrative Services (DOAS). The discussion will focus on how

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Staff Report February 7, 2024 No Comments
B2B Podcasting

Got a parking space? New options just ahead

We spend a lot of time figuring out what’s for lunch and where we are going to park. One of Augusta’s largest employers has an answer for that. A new parking deck is being built. Lunch is on your own. Mike Petchenik has more in today’s Biz Bits.

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Mike Petchenik February 7, 2024 No Comments
B2B Stories

Super spending anticipated for Valentine’s Day

The National Retail Federation (NRF) has released its prediction for how much consumers will spend on their beloved for Valentine’s Day and the outlook is rosy. A news release from NRF said total spending on significant others is expected to reach a record $14.2 billion this year. That’s according to an annual survey by NRF and Prosper Insights & Analytics. “Retailers are ready to help customers this Valentine’s Day with meaningful and memorable gifts,” NRF President and CEO, Matthew Shay said in the release. “With consumers prioritizing their spouse or

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Dana Lynn McIntyre February 7, 2024 No Comments
B2B Stories

Opening My Mailbag: Inflation, Interest Rates, and the State of the Economy

While I am not an economist like my colleague and fellow Augusta Business Daily contributor, Dr. Simon Medcalfe, many of my family, friends, and acquaintances assume that because I am a business school faculty member and former Dean, that I am an expert on the economy. Therefore, many of them come to me with their questions related to the economy, particularly in times like these when we are getting many mixed signals and we are not sure what is good news or bad news economically anymore. For instance, in the

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Dr. Rick Franza February 6, 2024 No Comments
B2B Stories

Former TV station building seeks new tenant again

The former three-story WAGT building at 905 Broad Street is looking for another business to occupy it. For a little more than a year, a retail liquidation company hawked department store-type bargains inside the first floor and outside on the sidewalk, next to Laziza’s Restaurant. The Wholesale and Retail Bargain Merchandise store has moved near the Kroc Center at 1661 Broad Street in Augusta. They offer up to 75% off on various items that were returned to Amazon, Target, Walmart, Lowe’s, Home Depot, and other retailers. For more information visit, www.bargainmerchandises.com

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Neil Gordon February 6, 2024 No Comments
B2B Podcasting

Near $1 billion investment

A Virginia company is expanding its footprint in the CSRA with $889 million to help an important mission in the CSRA. Mike Petchenik has the rest of the story in today’s Biz Bits.

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Mike Petchenik February 6, 2024 No Comments
B2B Stories

New legislation to examine Georgia’s tax credit programs

The first step in adopting legislation to review Georgia’s catalog of tax credit incentive programs has passed the state senate. Senate Bill 366 is the outgrowth of a series of public hearings held across the state to determine the efficacy of the tax breaks currently offered. Titled “Tax Expenditures Transparency Act of 2024,” the measure passed the Georgia Senate unanimously. In presenting the measure, Sen. Chuck Hufstetler (R-District 52), co-chairman of the Joint Tax Credit Review Panel, said it outlines a process to review the programs more regularly. Among the

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Dana Lynn McIntyre February 6, 2024 No Comments
B2B Stories

Simon Says: Some employment sectors bode well for 2024

Employment in the Augusta Metropolitan Statistical Area ended in 2023 pretty much where it started. In December, employment was 244,000, down just 100 jobs from December 2022 (see below). Mining, logging, and construction were the industry sectors that saw the largest increase in employment over the last calendar year, increasing by 5.8 percent, or about 1,000 jobs. Construction activity bodes well for 2024, as firms invest in new or expanded facilities and residential construction reflects consumer confidence. Leisure and hospitality also ended the year 3.5 percent higher, almost 1,000 jobs.

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Dr. Simon Medcalfe February 5, 2024 No Comments
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