Economy of Georgia (U.S. State) - Economy

Economy

See also: Georgia (U.S. state) locations by per capita income

Georgia's 2010 total gross state product was $403.1 billion. Its Per Capita personal income for 2007 puts it 37th in the nation at $33,499. If Georgia were a stand-alone country, it would be the 28th largest economy in the world.

There are 15 Fortune 500 companies and 26 Fortune 1000 companies with headquarters in Georgia, including such names as Home Depot, UPS, Coca Cola, Delta Air Lines, Aflac, Southern Company, and SunTrust Banks. Georgia has over 1,700 internationally headquartered facilities representing 43 countries, employing more than 112,000 Georgians with an estimated capital investment of $22.7 billion.

Atlanta has a very large effect on the state of Georgia and the Southeastern United States. The city is an ever-growing addition to communications, industry, transportation, tourism, and government. Atlanta has been the site of growth in real estate, service, and the communications industries.

Tourism makes an important contribution to the economy.

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Famous quotes containing the word economy:

    Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.
    Alexander Herzen (1812–1870)

    War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
    Doris Lessing (b. 1919)

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)