Saturday, August 11, 2018

Georgia GDP 2018


The State of Georgia has a population of 10.6 million and a land area of 59,425 square miles.  The State GDP is $568 billion and ranks 9th in State GDP.  The average household income is $50.768. Government Debt to GDP is low at 9.9%. Georgia has $2.5 billion in reserve savings. Georgia generated $5.6 billion in investments and created 27,373 jobs in 2018.https://www.usgovernmentspending.com/state_debt_rank

Georgia has deepened the harbor in Savannah to handle larger cargo vessels. It is the 4th largest port in the US. The Elba Island liquid natural gas export facility at Savannah is planned. Georgia exported $37 billion in 2017 including aircraft, food, cotton, wood products, textiles, machinery and chemicals to 25 countries.

Georgia is home to 17 Fortune 500 Headquarters including:
The Home Depot, United Parcel Service Inc., Delta Air Lines, The Coca-Cola Company, Southern Co., Aflac Inc., Genuine Parts Co., WestRock, SunTrust Banks Inc., Mohawk Industries Inc.. PulteGroup Inc., Veritiv Corp., AGCO Corp., HD Supply Holdings Inc., NCR Corp.. Asbury Automotive Group Inc. and Intercontinental Exchange

Comments

The numbers are good and Republicans should maintain control of the State, but reforms are needed to give voters more say in government spending and borrowing and UN Agenda 21 enabling legislation enacted in 2008 and 2010 empowering Regional Commissions needs to be repealed.

Norb Leahy, Dunwoody GA Tea Party Leader  

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