Fulton County Government’s Post

The Georgia Department of Economic Development has announced that for the third year in a row the state broke records for economic development during Fiscal Year 2023. The upward momentum over the last few years is part of a larger trend where Georgia has secured its role as an economic and business hub of the Southeast, and a pro-business environment. Read more HERE: https://shorturl.at/hrsIT   #TheNAIDifference #NAIMopperBenton #CRE #CommerciaLRealEstate #SavannahRealEstate #GeorgiaRealEstate #EconomicDevelopment

Government ministers are so often detached from how landuse planning actually operates it’s astonishing (and a dereliction of duty). Try proper devolution (inc. taxation), mandatory localgov reform, market/land ownership intervention proper evidence led infrastructure sequencing dev. obligation overhaul. #Cambridge already has some of the best strategic planners in the country so sending a team of ‘super planners’ might not be the simple fix needed. 😳#complexsystems require more sophisticated approaches than ‘just triple the housing numbers’

Exciting Update: Tulsa and Northwest Arkansas are strategically joining forces for a groundbreaking cross-state, super-regional economic development collaboration. The primary objective is to enhance asset density and establish a robust logistics and advanced mobility cluster. The following article by The Heartland Forward Organization lays out the plans that will lead to monumental growth in both Tulsa, Northwest Arkansas, and the areas in between. https://lnkd.in/gzSgpH4m

Rural versus urban, conservative versus progressive, free market versus regulation, East versus West, and North versus South. Competitive forces have shaped the U.S. since its beginning—and in many respects helped our country grow, and even, to borrow a phrase, made America great. Over recent decades, a sort of stasis took hold where the locus of power in America resided in four metropolitan areas, each representing an economic or societal power: New York with Wall Street and finance; Washington, D.C., with the federal government and politics; Los Angeles with entertainment and media; and the San Francisco Bay Area with technology. These four cities vied for power and influence over one another, but more to the point, they embodied the nation’s status quo—dominating much of our economy and steering both our domestic and international agendas. Now, though, those four legacy metro areas are being joined and, to an extent, eclipsed by a cohort of new, faster-growing power centers such as Houston with its energy economy, Dallas and its diversified base, Nashville with healthcare and tech, and Miami as a burgeoning financial center and gateway to Latin America. Competition between old legacy cities and these upstarts is both the latest incarnation of pre-existing frictions and the emergence of new elements.

🚢✨ The Port of Mobile: Alabama's Economic Powerhouse! ✨🚢 Boasting a $98.3 billion impact, the Port of Mobile is more than a port; it's a job creator and economic driver for all of Alabama! 🌟 With Governor Kay Ivey announcing $1 billion in capital projects, the Port's future is all about growth and global competitiveness. 🌍💪 Discover how the Port is transforming Alabama's economy and what's next for this dynamic economic engine in the full article, here 👉 https://shorturl.at/evKM4 #PortOfMobile #AlabamaGrowth #EconomicImpact

The US has a very clear economic strategy at the moment: reindustrialization, reshoring, reunionization, remilitarization and decarbonization. What this speech and article highlight is another important aspect: executing the strategy with a place-based focus and conscious of the impact on local community economies. 

Savannah, Georgia isn't just a picturesque tourist spot, it's also one of the fastest growing cities in the US Southeast region. To learn more, see a recent article by my Federal Reserve Bank of Atlanta colleague, Megan H., along with rich insights from our key partners, Bert Brantley (Savannah Area Chamber of Commerce) and Griff Lynch (Georgia Ports Authority). #Savannah #EconomicGrowth #BusinessInsights #Leadership #EveryonesEconomy

Texas dominated the 2023 rankings, with five cities in the Dallas Fort Worth metropolitan area — Dallas, Plano, Fort Worth, Irving and Arlington — all claiming spots in FT-Nikkei top 20, as did Austin, the state capital. The Lone Star State is known for its pro-business outlook. Alongside a host of incentive programmes, Texas does not levy a state tax on corporate or personal income. Its cost of living is also significantly lower than other parts of the country. That has attracted both businesses and people. Since 2000, the population of Texas has grown by more than 9mn, well ahead of any other state. The state’s gross domestic product has roughly tripled over that period to $2.36tn. If it were a country, Texas would boast the eighth-biggest economy in the world — ahead of Italy. But, while Austin’s reputation as a tech hub and Dallas’s financial services pedigree are well established, Houston has often flown below the radar.

Let’s go Florida!! Not just the sunshine state, the workforce state! “Hillsborough, Polk, Pasco, Sarasota and Manatee are part of the greater Tampa Bay area. They include boomtowns like Lakeland, North Port, Bradenton, Sarasota, Clearwater and St. Pete. From 2022 to 2023, the Tampa Bay area ranked No. 5 in the nation in population growth. From 2018 to 2022, seven Florida metro areas ranked among the 20 fastest-growing MSAs in population, including No. 1 The Villages, which grew by 3.9%. Other top 20 performers are Lakeland-Winter Haven (4); Punta Gorda (10); Cape Coral-Fort Myers (12); North Port-Sarasota-Bradenton (13); Port St. Lucie (16); and Ocala (20). “Florida has been picking up momentum,” says Wright. “The numbers have been consistent. Pockets of Florida, Texas and Arizona are the strongest in the country for talent attraction and job growth.” Wright adds that “the ripple effect for Florida is going to be profound. When you grow your talent base, it has a profound impact on productivity, research and entrepreneurial activity. That ripple effect of increased productivity and increased entrepreneurship adds to the local economy. Florida is leading the country in that today because Florida has a very diverse economic base.””