Issue link: http://savannah.uberflip.com/i/452234
27 Savannah Area Chamber of Commerce 2015 Economic Trends 6 Economy: Gross Regional Product Gross Regional Product in Savannah grew $484 million (3.4%) from 2012 to 2013; which puts Savannah in fifth place for growth among the Georgia metropolitan areas measured by the Department of Commerce's Bureau of Economic Analysis. At over $14.7 billion, Savannah's GRP remains the state's third largest, behind only Atlanta and Augusta. Economic activity generated by Savannah's private sector industries measured $12.4 billion in 2013 and accounted for 83 - 84% of the state's economy in 2013, a gain of two percentage points. Growth GRP ($millions) 2012-2013 Change Rank MSA 2011 2012 2013 1 Gainesville $ 6,976 $ 7,155 $ 7,526 5.2% 2 Macon $ 8,069 $ 8,179 $ 8,553 4.6% 3 Atlanta- Sandy Springs- Roswell $ 284,644 $ 296,300 $ 307,233 3.7% 4 Albany $ 4,938 $ 5,122 $ 5,307 3.6% 5 Savannah $ 13,700 $ 14,295 $ 14,779 3.4% 6 Athens- Clarke County $ 6,867 $ 7,174 $ 7,330 2.2% 7 Dalton $ 5,223 $ 5,399 $ 5,502 1.9% 8 Columbus $ 12,461 $ 12,807 $ 12,979 1.3% 9 Warner Robins $ 6,577 $ 6,646 $ 6,711 1.0% 10 Augusta- Richmond County $ 20,182 $ 20,659 $ 20,833 0.8% Source: Bureau of Economic Analysis, U.S. Department of Commerce, Gross Domestic Product by Metropolitan Area (http://www.bea.gov/iTable/index_regional.cfm/ verified on 09-17-2014) A diverse mix of industries, busy ports and strategically networked transportation, logistics, energy and communications infrastructures create a business climate in Savannah that is unmatched in many larger cities. Source: Bureau of Economic Analysis, U.S. Department of Commerce, Gross Domestic Product by Metropolitan Area "Wholesale Trade" and "Transportation and Utilities" are suppressed to avoid the disclosure of confidential information. (http://www.bea.gov/iTable/index_regional.cfm/ verified on 09/24/2014) GRP is the measure of the market value of final goods and services produced within a metropolitan area in a particular period of time. It is the most comprehensive measure of economic activity provided by the Bureau of Economic Analysis of the U.S. Department of Commerce. 0 500 1000 1500 2000 2500 3000 3500 Retail Trade Real Estate and Rental and Leading Professional and Business Services Manufacturing Leisure and Hospitality InformaCon Government Financial AcCviCes EducaCon and Health Services ConstrucCon Healthy Instustry Mix Drives Savannah's Robust Economy 2013 GDP ($ millions)