Savannah Chamber

2015 Economic Trends

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20 7 Its strategic location at the intersection of I-75 and I-16, two railroad lines, and a good airport add to the MSA's attractiveness. Macon's also a remote bedroom community for the southern portion of the Atlanta MSA, so Atlanta's relatively strong economic recovery will benefit Macon, too. Savannah In 2015, Savannah's employment will rise by 2.5 percent, or 4,000 jobs. The urban area's multiple personality: that of a major tourist attraction, an aerospace manufacturing center, an extraordinarily successful deep water port, and a regional hub for health and educational services constitutes the grounds for continuing success. Although the housing bubble hit the metro area hard, it was not very exposed to the restructuring of either the information or the financial activities industries. Savannah's long-term growth prospects are among the best in the nation. Its unique ambiance and transportation infrastructure make it an attractive place in which to live and work. Visitors are drawn to the thriving historic district, and waterfront developments. Retirees will continue to be an important force powering and diversifying the region's economic development, but the Savannah area will benefit from the fact that its population is increasing for all age groups. Gulfstream Aerospace also is a very powerful driver of the local economy, providing thousands of excellent jobs. Tourism and convention business will continue to boom, too.

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