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Monitor forecasts economic growth in region in 2014

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POSTED: April 2, 2014 7:00 a.m.

SAVANNAH — Armstrong Atlantic State University’s latest Coastal Empire Economic Monitor reports the Savannah-area economy expanded rapidly during the fourth quarter of 2013 and should continue to experience significant growth throughout 2014.
The fourth quarter Economic Monitor, which analyzes data and identifies trends affecting the regional economy, reports activity accelerating to nearly five percent on an annualized basis. Significant gains in electricity sales, tourism and port activity contributed to the quickening pace of economic expansion.
In addition, the Coastal Empire leading economic index increased for the eighth consecutive quarter, with regional housing and labor markets experiencing considerable improvement.

Read full story in April 2 issue of the Bryan County News. 

 

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