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the agricultural economy to Georgia. In 2020, food and fiber production and related industries represented $69.4 billion in output to Georgia’s $1.1 trillion economy and more than 352,430 jobs in the economy. Ag Snapshots 2022 A brief focus on Georgia’s agricultural industry Author: Sharon P. Kane, Senior Public Service Associate, Economist
Together Georgia commodities directly represent a value of nearly $18.3 billion to the state's economy. In 2022, food and fiber production and related industries contributed $83.6 billion in output to Georgia’s $1.4 trillion economy and more than 323,300 jobs in the economy. From the 2024 Ag Snapshots report on Georgia’s agricultural ...
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Mar 28, 2024 · Output values range from $7 million to over $5.5 billion, with job numbers spanning from 18 to 18,000. These figures encompass the combined impact of industries along the agricultural supply chain, incorporating not only production but also related processing and manufacturing sectors.
Georgia’s economy. The peak-to-trough drop in employment was 11%, which was worse than the 8% drop caused by the Great Recession. Georgia’s unemployment rate soared to 12.2% in April, up from only 3.5% in February. More positively, unlike the Great Recession, the COVID-19 recession did less damage to Georgia’s economy than to the U.S ...
the directly related industries along the supply chain – the total economic contribution – to highlight the importance of . the agricultural economy to Georgia. In 2022, food and fiber. production and related industries contributed $83.6 billion in output to Georgia’s $1.4 trillion economy and more than 323,300 jobs in the economy.
Jan 27, 2023 · the agricultural economy to Georgia. In 2021, food and fiber production and related industries represented $73.2 billion in output to Georgia’s $1.2 trillion economy and more than 340,827 jobs. For Ag Snapshots publications prior to 2023, visit the Agribusiness and Economic Development publications site.
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Jan 23, 2024 · Georgia’s unemployment rate will average 4% in 2024 compared to 3.4% in 2023. The U.S. unemployment rate will rise to 4.2% in 2024 or slightly above the full-employment unemployment rate of 4%. That means there will be less traction for wage-push inflation. Inflation will slow to about 2.5% in the second half of 2024.