Savannah MSA Forecast Summary: 2023
Employment Growth: 2.5%: +5,000 jobs
Unemployment Rate: 3% to 3.3%
Personal Income Growth: 3%
Population Growth: 1.6%
Port related land development & logistics operations
Real estate development & industrial/commercial construction
Manufacturing will grow (Hyundai & supply chain)
Headwinds: U.S. recession likely; rising interest rates
