- Collection:
- Georgia Government Publications
- Serial:
- Georgia economic indicators. Historical series.
- Title:
- Georgia economic indicators: historical series, Issue 11 (2004)
- Creator:
- Georgia. Labor Information Systems
- Contributor to Resource:
- Georgia. Labor Information Systems.
- Publisher:
- Atlanta, Ga. : Georgia Dept. of Labor, Labor Information Systems, 2004
- Date of Original:
- 2004
- Subject:
- Georgia--Economic conditions--Statistics
- Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Title from cover
- External Identifiers:
- Call Number GA L200.E46 S1 E2 1991-2004
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bl200-pe46-bs1-be2-b1991-h2004-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bl200-pe46-bs1-be2-b1991-h2004-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
GEORGIA
HISTORICAL SERIES
Economic
Indicators
Annual Report of Georgia State Labor Market and Economic Trends
1991 - 2004
Issue 11
Georgia Department of Labor
Michael L. Thurmond Commissioner
Georgia Economic Indicators
Historical Series 1991 - 2004 Data Issue 11
Cover art: The State Capitol - Huey J. Theus
Georgia Economic Indicators, Historical Series, is published by Workforce Information and Analysis, a division of the Georgia Department of Labor, 148 Andrew Young International Boulevard, Atlanta, Georgia 30303-1751. The telephone number is (404) 232-3875.
Visit the Georgia Department of Labor web site at www.dol.state.ga.us
Georgia Department of Labor
Michael L. Thurmond, Commissioner Equal Opportunity Employer/Programs - Auxiliary Aids and Services Available Upon Request to Individuals With Disabilities
Introduction
Georgia Economic Indicators, Historical Series, is designed to provide in a single
publication historical data on a number of indicators used to measure movement of the state's economy. It is updated annually.
As in Georgia-Atlanta Economic Indicators,Quarterly Report, a companion publication, data are presented in graphic and tabular form. Figures are seasonally adjusted, using the X-11 ARIMA method. Companion graphs show monthly data movements over the historical time series; whereas, data tables display yearly averages for the historical time period. The historical series is a 1991-2004 supplement. Where appropriate, companion graphs and tables show data which have been deflated by the U.S. Consumer Price Index or the U.S. Construction Price Index. The purpose is to adjust for inflation and show growth in constant dollars.
Please note: Annually, employment estimates are adjusted to a count of all employees in a geographical area (known as benchmarking). Revisions to 2000 - 2004 nonfarm jobs have been completed. These newly benchmarked series are reflected in this issue. Employment data have been converted to the North America Industry Classification System (NAICS).
Workforce Information and Analysis welcomes comments, suggestions or questions concerning Georgia-Atlanta Economic Indicators, Quarterly Report and Georgia Economic Indicators, Historical Series. Please address letters to Bill Webb, Workforce Information and Analysis, Georgia Department of Labor, 148 Andrew Young International Boulevard, Atlanta, Georgia 30303-1751. The telephone number is (404) 232-3875.
Data Sources
Initial Unemployment Claims, Continuing Unemployment Claims, Insured Unemployment Rate, Nonagricultural Employment, Nonfarm Job Openings Unfilled, Weekly Manufacturing Earnings, Retail Employment, Manufacturing Employment, Manufacturing Workweek and Unemployment Rate -- Georgia Department of Labor New Motor Vehicles and Total Revenue Collections -- Georgia Department of Revenue New Business Corporations -- Georgia Secretary of State Residential Construction -- U.S. Department of Commerce Nonresidential Construction -- F.W. Dodge, McGraw-Hill Construction Information Group U.S. Consumer Price Index -- U.S. Bureau of Labor Statistics Construction Price Deflator Index -- U.S. Census Bureau (1996=100)
MILLIONS
Georgia Economic Indicators
4.5
565
4.0
535
THOUSANDS
3.5
505
3.0
475
2.5
445
Nonagricultural Employment
2.0
Manufacturing Employment
415
' 91
' 93
'95
' 97
' 99
' 01
' 03
' 05
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
580
7.5
510
6.0
THOUSANDS
440
4.5
370
3.0
300
1.5
Retail Employment
230
New Business Corporations
0.0
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
THOUSANDS
Period 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Nonagricultural* 2,937,600 2,986,300 3,109,400 3,265,700 3,402,100 3,527,300 3,614,200 3,740,600 3,854,200 3,949,600 3,942,500 3,869,500 3,845,500 3,890,700
Employment Retail* 345,000 347,900 363,300 385,600 405,600 427,000 434,900 444,000 455,600 469,600 460,600 451,100 444,800 443,500
Manufacturing* 483,600 491,500 511,600 526,900 540,200 544,500 547,700 545,800 543,700 534,900 498,300 466,700 452,100 445,300
* Annual averages may vary from officially published series due to seasonal adjustments and rounding. Includes limited liability companies
2
New Business Corporations
1,860 2,183 2,397 2,660 3,040 3,146 3,601 3,863 4,298 4,630 4,444 5,099 5,605 5,947
HOURS
Georgia Economic Indicators
44.5
$365
43.0
$340
41.5
$315
DOLLARS
40.0
$290
38.5
$265
Manufacturing Workweek
37.0
Deflated Manufacturing Earnings
$240
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
$675
27
$600
22
$525
17
THOUSANDS
$450
12
$375
7
Weekly Manufacturing Earnings
$300
Nonfarm Job Openings Unfilled
2
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
DOLLARS
Period 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Avg. Workweek 40.9 41.4 41.7 42.4 42.3 42.3 42.4 41.8 41.9 41.4 40.4 40.9 39.8 39.2
Manufacturing Wkly Earnings
$391.47 407.93 420.22 438.63 452.83 473.54 493.14 503.02 522.31 538.13 505.21 547.31 560.22 569.53
Deflated Wkly Earnings $287.42 290.75 290.81 295.97 297.14 301.81 307.25 308.60 313.51 312.50 285.27 304.23 304.47 301.50
Nonfarm Job Openings Unfilled
7,397 8,683 12,128 16,792 16,170 14,443 12,492 15,868 16,979 15,844 9,089 9,994 12,760 15,674
3
THOUSANDS
Georgia Economic Indicators
9.0% 80
7.5% 65
50
6.0%
PERCENTAGES
35
4.5%
20
3.0%
Initial Unemployment Claims
5
1.5%
Unemployment Rate
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
'91
'93
'95
'97
'99
'01
'03
' 05
425
3.2%
350
2.6%
PERCENTAGES
275
2.0%
200
1.4%
125
0.8%
Continued Unemployment Claims
50
0.2%
Insured Unemployment Rate
' 91
' 93
' 95
' 97
' 99
' 01
' 03
' 05
'91
' 93
' 95
'97
'99
'01
'03
'05
THOUSANDS
Period
Initial Claims
1991
43,798
1992
37,550
1993
33,985
1994
32,285
1995
33,995
1996
30,866
1997
25,502
1998
29,949
1999
30,805
2000
33,272
2001
54,960
2002
47,735
2003
51,021
2004
39,224
H Not seasonally adjusted
4
Unemployment Continued Claims
285,859 242,314 195,731 173,018 176,560 169,247 159,731 142,531 141,390 149,180 267,100 317,433 305,043 252,107
Rate H 5.0 6.7 5.9 5.1 4.8 4.6 4.5 4.2 3.8 3.5 4.0 4.8 4.7 4.6
Insured Rate 2.31 1.94 1.55 1.34 1.26 1.20 1.07 0.93 0.89 0.93 1.60 1.97 1.92 1.55
THOUSANDS
Georgia Economic Indicators
80 $1,000
65 $800
50
$600
MILLIONS
35
$400
20
$200
New Motor Vehicle Sales
5
Nonresidential Construction
$0
' 91
' 93
'95
'97
' 99
' 01
'03
' 05
' 91
' 93
'95
' 97
' 99
'01
' 03
' 05
13
$1,000
10
$800
8
$600
MILLIONS
5
$400
3
$200
Residential Construction
0
Deflated Nonresidential Construction
$0
'91
'93
'95
'97
'99
' 01
' 03
'05
'91
' 93
'95
'97
'99
'01
'03
'05
THOUSANDS
Period
New Motor Vehicle Sales
Residential #
Construction Non-residential*
1991
28,469
3,208
$194,721,000
1992
29,975
3,768
205,444,000
1993
36,459
4,597
212,951,000
1994
41,547
5,109
252,999,000
1995
42,800
6,432
364,953,000
1996
43,525
6,614
312,783,000
1997
40,406
6,356
398,973,000
1998
43,969
7,356
482,544,000
1999
46,914
7,554
533,760,000
2000
48,155
7,689
513,770,000
2001
47,106
7,745
490,243,000
2002
44,741
8,004
455,809,000
2003
43,461
7,907
416,098,000
2004
43,350
8,884
489,854,000
* Annual averages may vary from officially published series due to seasonal adjustments and rounding.
# Permits for household units Value of construction
Deflated Non-residential* $231,535,000 239,445,000 236,612,000 269,148,000 372,021,000 312,783,000 387,700,000 457,000,000 483,500,000 444,800,000 404,200,000 365,500,000 318,100,000 347,900,000
5
BILLIONS BILLIONS
Georgia Economic Indicators
$2.0
$1.0
$1.6
$0.8
$1.2
$0.6
$0.8
$0.4
$0.4
$0.2
Total State Revenue
Deflated Total State Revenue
$0.0
$0.0
'91
'93
'95
'97
'99
'01
'03
'05
'91
'93
'95
'97
'99
'01
'03
'05
Period 1991 1992 1993 1994 1995 1996 1997
Revenue* $568,448,000
608,900,000 679,816,000 733,237,000 786,966,000 859,201,000 899,369,000
Total State
Deflated Revenue*
Period
$417,363,000
1998
433,999,000
1999
470,461,000
2000
494,762,000
2001
516,382,000
2002
547,611,000
2003
560,355,000
2004
Revenue* $977,495,000 1,044,295,000 1,132,676,000 1,124,198,000 1,059,560,000 1,074,967,000 1,184,656,000
* Annual averages may vary from officially published series due to seasonal adjustments and rounding.
Deflated Revenue* $599,690,000 626,828,000 657,768,000 634,781,000 588,972,000 584,221,000 627,134,000
6