SAN MATEO (05/01/2000) - Bolstered by an infusion of technology-related businesses, Georgia is enjoying robust economic times. Meanwhile, Atlanta is emerging as the leading regional hub for New Economy companies.
State - 7,788,240 (ranks 10th in nation)Atlanta area - 3,746,059Unemployment rate:
State - 3.4 percent (national - 4.1 percent)Atlanta - 2.8 percentMedian housing cost:
Atlanta - $125,600 (national - $133,300)Business outlookTop industries: Services, manufacturing, aerospace, biotechnology, retailTop employers: Delta Air Lines Inc., Lockheed Martin Corp., Coca-Cola Co., BellSouth, Cable News Network, Georgia PacificEconomic outlook: The Peach State's economy is flourishing. An estimated 21,000 new high-tech jobs were created in the metropolitan Atlanta area in 1999, giving the area a total of 201,000 tech jobs.
Tax situation: Georgia's state sales tax rates vary by county, ranging from 5 percent to 7 percent; the state has graduated state income tax rates with a maximum rate of 6 percent; and property tax rates vary by locality.
"Georgia has ridden a wave of unprecedented growth, but the strains of accommodating this growth -- such as traffic congestion -- are factors in slowing the joy ride."
-- P. George Benson, dean of Terry College of Business, University of GeorgiaIT salaries, large companiesAtlanta, large companiesVice president, IS: $163,948IS director: $139,316Network services: $88,095Web resourcesGeorgia Chamber of Commerce - www.gachamber.comThis site offers information on job openings in Georgia, regional business trends, and economic development.
AccessAtlanta - www.accessatlanta.com
AccessAtlanta features local news, entertainment listings, real estate information, and a section that covers the Atlanta-area technology scene.
SOURCES: U.S. CENSUS BUREAU, BUREAU OF LABOR STATISTICS, NATIONAL ASSOCIATION OF REALTORS, RELOCATION CENTRAL.