Savannah Chamber

3 Savannah Area Chamber of Commerce 2020 Economic Trends 1 Contents ABOUT THE DATA (See Note Below) Welcome to Savannah Savannah Quick Facts Featured Speakers 2019 Forecasts: United States and Georgia Terry College of Business, University of Georgia Savannah MSA Parker College of Business, Georgia Southern University Economic Trends: Savannah By the Center for Business Analytics and Economic Research in the Business Innovation Group at Georgia Southern University Economy Gross Regional Product Demographics Employment Population Household Income Industry Residential Construction Health Care Major Employers and Major Manufacturers Military Real Estate Tourism Infrastructure Education Port of Savannah: Georgia Ports Authority Small Business Investment and Development Taxes Transportation: Roads, Rail, Water, Air Utilities Other Workforce Development NOTE: ABOUT THE DATA This report was updated by the Center for Business Analytics and Economic Research (CBAER), a member of the Business Innovation Group in the Parker College of Business at Georgia Southern University. The Center meets the applied research needs of Georgia and Savannah's business and community organizations (georgiasouthern.edu/big/about/business-innovation-group/). Areas of research include regional economic forecasting, economic impact analysis, market analysis, economic development and business expansion, tourism development, survey-based research, and specialty reports on topics of state, regional and local interest. The Center's activities are intended to appeal to a broad range of constituencies, and the Center stands ready to enter into cooperative partnerships with public, private, and community organizations. Data for this report are collected from public sources and generally lag anywhere from one to two years behind the date the report is produced. Most data in this year's report are annual figures for 2017, the latest full year available, and some may end at 2016 or earlier. This data may not accurately reflect the economic conditions that businesses and residents face currently. While CBAER and the Savannah Chamber have made every attempt to provide the most reliable information available, they cannot be held liable for omissions or inaccuracies. This report is published by the Savannah Area Chamber of Commerce, 101 East Bay Street (31401), P.O. Box 1628, Savannah, Georgia, (912) 644-6400. The Chamber would like to thank the many Savannah businesses and organizations that contributed to the information and analysis provided in this annual update. This edition was published in January 2020. Additional resources and contact information are available on the Chamber's Web site: www.savannahchamber.com. 4 5 7 47 55 56 57 63 71 81

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