Georgia Southern Economic Monitor anticipates upswing as year progresses
July 17, 2018 at 12:16PM
Georgia Southern University’s latest Economic Monitor, which analyzes data and identifies trends affecting the regional economy, reports that "the Savannah metro economy ticked up modestly despite Winter Storm Grayson, which blanketed the area in heavy snow and ice fall in early January," a university spokesperson says. "Indicators of economic conditions were slightly mixed due to the weather-related incidents, however, the surging forecasting index is based on renewed strength in the housing and labor markets, which points toward increased growth during the rest of the year."“Overall, expansion in the regional economy remained modest, but marginally improved from the closing quarter of 2017,” said Michael Toma, Ph.D., Fuller E. Callaway Professor of Economics and director of the Center for Business Analytics and Economic Research.