Construction Industry – November 16th

The construction jobs in Georgia was back to last year’s level in September, around 2 percent increase from August. The increase in Atlanta construction job market made up nearly 60% of state’s rise.
The building permits in Georgia had a sharp rise in September, more than 23% higher than September 2019. Building permits in Atlanta-Sandy Springs-Alpharetta also saw a significant increase of 484 units compared to August.

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Unemployment 11/2-11/6

Total preliminary initial unemployment claims were down -38% from the previous week, or down 14,127 claims since last week. Continuing claims dropped by 5%. Among the most improved industries were Retail Trade and Accommodation & Food Services.

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Restaurant Industry November 2nd

Restaurant Reservations stayed relatively stable over the last two weeks, with a slight decline. Casual dining establishments averaged 78% capacity in the last two weeks. This is up 2% from the last two weeks. Bars are up a similar amount, climbing 3% over the last report to 85% capacity. Fast food remains unaffected, it is slightly (2%) above what it was last year.

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Airline Industry November 2nd

FAA traffic out of ATL is down 3% vs last month and down 39% of what it was last year. A contributing factor for higher air traffic vs passenger traffic is that one of Delta’s hubs is out of ATL. Since Delta has continued to fly their planes at only 60% capacity, they must fly more planes to meet customer demand.

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Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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