Georgia’s Economic Growth Set To Outpace The Nation’s In 2014

10
Jan

Georgia’s Economic Growth Set To Outpace The Nation’s In 2014

MACON, Ga. — The weather may be chilly in Georgia right now, but the state’s economic forecast is heating up.

Even though the state is still climbing out of the recession of 2008, it looks like it’s going to be a good year for the economy. That’s the message given to a room full of business leaders in Middle Georgia on Thursday.

One of the economic forecasters delivering that news is Charles Knapp, interim Dean of the Terry College of Business and former president of UGA. He says the state GDP will grow at 3 percent, single family home starts will rise by 36 percent, and the state will gain over 4-thousand new manufacturing jobs. But in order to continue the warming trend, he says, the state will have to make marked improvement in K-12 education. “A lot of the jobs, good jobs, high paid jobs with benefits, are going to require very high levels of skill. And we’ve got to make sure we’ve got those skilled people in Georgia.” Knapp says that will be critical in terms of improving Georgia’s competitiveness, which ultimately determines standard of living.

via Georgia’s Economic Growth Set To Outpace The Nation’s In 2014.

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