Dhawan: National issues prevent Georgia’s full economic recovery – Atlanta Business Chronicle

21
Nov

Dhawan: National issues prevent Georgia’s full economic recovery – Atlanta Business Chronicle

Georgia’s economy picked up steam in the third quarter, but national issues have become a hindrance to the state’s full post-recession recovery, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business.

Georgia’s year-over-year job growth rate in August was 2.3 percent, compared with 1.7 percent for the nation. Metro Atlanta also is closing the gap on returning to its pre-recession job peak, Dhawan said.

“We could be poised for a takeoff in growth,” Dhawan said. “[But] There are national and global roadblocks over which we have no state control.”

Roadblocks include mixed global news and uncertainty over the potential for a second government shutdown, which hurts corporate morale, delays capital expenditures and affects job growth in 2014.

via Dhawan: National issues prevent Georgia’s full economic recovery – Atlanta Business Chronicle.

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