Transportation in the Georgia Economy Source: Bureau of Economic Analysis, U.S. Dept. of Commerce.

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Presentation transcript:

Transportation in the Georgia Economy Source: Bureau of Economic Analysis, U.S. Dept. of Commerce

What is the Demographic of GA Exporters Employment related to Manufacturing in ,400 jobs tied to manufacturing exports 64,400 tied directly to manufacturing 102,000 worked in supporting industries 2007 Exporters of record 8,978 Total 7,750 were SME’s (86%)

Foreign Trade Zones FTZ’s normally administered by a public agency with subzones to private manufactures or processors Products shipped into a facility, and stored for reexport with other products or to be blended with domestic products for export or import into the U.S. Operate outside of “Customs” Can avoid or delay paying duties for imported cargos FL FTZ include: FTZ No.26 Atlanta – Georgia Foreign Trade Zone FTZ No. 104 Savannah – Savannah Airport Commission FTZ No. 144 Brunswick – Brunswick and Glynn County Development

2007 Foreign Direct Investment in Georgia Employed 177,000 workers in Georgia Major foreign investors: Japan, the United Kingdom, Germany, the Netherlands, and Canada. 29 percent (51,300 workers) were in the manufacturing sector. Contributed 5 percent of the state's total private- industry employment in 2007 Source: U.S. Department of Commerce, Bureau of Economic Analysis