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Atlanta, GA : Retail Snapshot - Q4 2013

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The Atlanta economy continued to make significant headway towards a recovery at the end of 2013. As of the end of December, metro Atlanta’s unemployment rate stood at 6.8%, down 2.0 percentage points from one year ago and well below the 2013 forecasted rate of 7.9%. Atlanta’s population growth continues to exceed the U.S. and is expected to grow at an average annual rate of 1.8% over the next five years compared to the 1.0% the U.S. will grow during the same time period.

In addition, over the long haul, employment growth in Atlanta will outshine most other metros areas as the low cost of living and competitive business costs fuel strong population gains together with a healthy number of corporate relocations and expansions.

Source : Cushman & Wakefield