Among the differences: Extremely low interest rates and a disinflationary environment. Ted Turner began the Turner Broadcasting System media empire in Atlanta, where he bought a UHF station that eventually became WTBS. As a result, we have spent a majority of 2019-2020 ensuring we can cover a substantial area for our clients. The airport, since its construction in the 1950s, has served as a key engine of Atlanta's economic growth. [3][needs update], The top employment sectors in Metro Atlanta are (November 2011, excludes agriculture):[4], Atlanta has a sizable financial sector. ATLANTA — If it looks and feels like Atlanta is one of America’s most rapidly-changing cities, that’s because it is. Due to Perry, the "Housewives", and others, Atlanta is also known as a center of black entertainment in the U.S.[20]. The Atlanta economy is the 10th largest in the country and 18th in the world with an estimated 2014 GDP of over $324 billion. Contact Steven Josovitz at 770-840-2121 or steven@shumacher.com, Previous Listing: Shumacher Sells 66-Acre Farm to “King of Pops”, Newer Listing: Shumacher Sells Mama Maria’s Italian Grill. ATLANTA – Strong job growth, rising home prices and continued stock market appreciation point to economic health, but global tensions and lack of business spending are cause for concern, according to Rajeev Dhawan of the Economic Forecasting Center at Georgia State University’s J. Mack Robinson College of Business. Furthermore, China’s continued stagnation is impacting its suppliers in the emerging markets. The weather-affected growth of 0.1% in the first quarter of 2014 will recover to 3.7% in the second, but the year will average 2.2%. In 2016, growth will be even better with 100,100 jobs added (20,700 premium jobs). Nominal personal income rose 2.7% in 2013 and will increase 3.3% in 2014. [12], The auto manufacturing sector in metropolitan Atlanta has suffered setbacks recently, including the closure of the General Motors Doraville Assembly plant in 2008, and the shutdown of Ford Motor Company's Atlanta Assembly plant in Hapeville in 2006. [21] Williams Street Productions has produced multiple Adult Swim series as well as Freaknik: The Musical at their Midtown Atlanta studios.

US Census Bureau. Turner established the headquarters of the Cable News Network at CNN Center, adjacent today to Centennial Olympic Park. Other films set in Atlanta include Little Darlings (1980), Sharky's Machine (1981), Outbreak (1995), Tyler Perry's Meet the Browns (2008), Life as We Know It (2010), Contagion (2011), and Baby Driver (2017). Shumacher Sells 66-Acre Farm to “King of Pops”, Shumacher Sells Mama Maria’s Italian Grill. [18], Atlanta has gained recognition as being a center of TV and film production, it being determined by Gocompare.com to be in the top 10 of the most popular cities in the world where films and TV shows have been filmed. [2] Several major national and international companies are headquartered in metro Atlanta, including seven Fortune 100 companies: The Coca-Cola Company, Home Depot, United Parcel Service, Delta Air Lines, AT&T Mobility, and Newell Rubbermaid. It will drop further to 6.9% in 2014, 6.3% in 2015, fall below 6% to 5.7% in 2016. Copyright © 2020, The Shumacher Group, Inc. All this will ultimately impact financial markets back at home. Dhawan’s concerns will be assuaged when “we witness consistent growth in all GDP categories, including exports, and that can happen only when our trading partners are back on their feet and our businesses are investing, which leads to sustained hiring.” As for the Fed, the forecaster says the nation’s central bank won’t move on interest rates until it has concrete evidence that business investment growth is here to stay. Tax Rates for Atlanta - The Sales Tax Rate for Atlanta is 8.8%.

Investment will grow by 3.7% in 2014, 5.1% in 2015 and 6.5% in 2016. The US average is 7.3%. How exactly people calculate fullness, of course, is subjective, but there’s no question that Atlanta has plenty of room for growth. Cox Enterprises, Inc. Since moving to BET for the 2011 season, The Game - as of January 2012[update] the highest rated ad-supported sitcom ever on cable - has been shot in Atlanta. Income … [11] Atlanta is also the headquarters of the Nuclear Regulatory Commission Region II. In 2015, growth picks up as Georgia adds 89,200 jobs (18,400 premium jobs).