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Overview 

With a population of 10.9 million, Georgia plays a big role in the U.S. economy. The state has a GDP of $615.7 billion, of which construction contributed $45 billion. There were 26,600 construction projects in Georgia in the first quarter of 2024.  

Major Projects and Growth Opportunities 

Urban updates in Atlanta are supporting the growing tech industry, as more startups and firms are expanding and improving their infrastructure. Additionally, the continued urban expansion of the Atlanta metro area has called for better public transportation, including investments in better roads and more bridges. Healthcare is also growing, with new hospitals and clinics being developed to address the aging population. The finance sector has also grown in Georga, often requiring the addition of new banks and insurance centers. 

Sustainability and Infrastructure 

Georgia invests in green energy like wind and solar power. Efforts are also underway to manage water better and cut carbon emissions. Updates to public transit and electric vehicle charging stations are part of infrastructure plans. Construction professionals who are LEED-certified may find several project opportunities throughout Georgia in the coming months. 

Challenges

Construction professionals looking to conduct business in Georgia need to be aware of the state’s income inequality issue. The lack of affordable housing worsens the impact of this issue. Climate change is a constant threat, especially to coastal areas of the state, leading to higher insurance costs and property damage. 

Future Outlook

Georgia's future has some positives and negatives. Growth is expected to continue but may slow down due to economic and climate problems. Investment in fields like biotech and clean energy could increase economic growth. Green and smart policies will shape the future, but housing costs and climate risks must be addressed for long-term growth.

WPP Georgia CHART_20241118.01

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Top 50 Cities in Georgia

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