Coastal Georgia CEASR Releases 3rd Report for 2012

Brunswick, GA – Dr. Don Mathews, Professor of Economics and Director of the Coastal Georgia Center for Economic Analysis and Student Research, School of Business and Public Affairs, says that regional transportation and warehousing are experiencing growth in line with the quickened pace of economic recovery. The release of the 3rd issue of the Southeast Georgia Coastal Monitor reports the six-county region is benefiting from the boom in international trade.

“The brightest light in the recovery from the 2007-09 recession has been international trade. U.S. exports now total $1.8 trillion, 19 percent greater than their 2009 level and 8 percent greater than their pre-recession peak. U.S. imports now total $2.2 trillion, 18 percent more than their 2009 level and almost even with their pre-recession peak,” Dr. Mathews writes.

Southeast Georgia is an integral part of the growth of transportation and the boom in international trade. The Port of Brunswick—the 5th largest auto port in the U.S., the 3rd largest in the U.S. for auto imports, and the 2nd largest grain facility on the East coast—is shattering its previous records for vessel calls and cargo handled. Auto processing and distribution are booming, and the agri-bulk facility is busier than ever.”

Produced for the Southeast Georgia (SEGA) Joint Development Authority, the research by the Center reported in the Southeast Georgia Coastal Monitor helps to promote viability of economic development for the six-county region of Brantley, Camden, Charlton, Glynn, McIntosh, and Wayne.

The SEGA Joint Development Authority commissions the quarterly economic monitoring reports, which are available in a pdf format online. To review the current issue:

Release Date: 12/7/2012
Source: College of Coastal Georgia

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