Georgia Southern University’s latest Economic Monitor, which analyzes Q3 2018 data and identifies trends affecting the regional economy, reports "signs of weakness are emerging more clearly in Savannah's three-county metro economy."
Electricity sales and boardings at the airport "lifted the economic index," the report says, while port activity remained strong and unemployment faded.
“Consumer confidence in the south Atlantic states has been volatile for about two years but generally rising while oscillating between ups and downs,” stated Michael Toma, Ph.D., Fuller E. Callaway Professor of Economics, and director of the Center for Business Analytics and Economic Research (CBAER). “Overall, the regional economy’s growth phase is expected to further weaken in early 2019.”
During the third quarter of 2018, the Savannah metro economy expanded at a rate of 0.6 percent, or 2.5 percent annualized.…
Electricity sales and boardings at the airport "lifted the economic index," the report says, while port activity remained strong and unemployment faded.
“Consumer confidence in the south Atlantic states has been volatile for about two years but generally rising while oscillating between ups and downs,” stated Michael Toma, Ph.D., Fuller E. Callaway Professor of Economics, and director of the Center for Business Analytics and Economic Research (CBAER). “Overall, the regional economy’s growth phase is expected to further weaken in early 2019.”
During the third quarter of 2018, the Savannah metro economy expanded at a rate of 0.6 percent, or 2.5 percent annualized.…