EDGE Outlook 2018: Five trends that will shape the region in the year ahead

EDGE Outlook 2018: Five trends that will shape the region in the year ahead

January 1st, 2018 by Staff Report in EDGE

The new year begins with the strongest economy in Chattanooga in more than a decade.

A year-end survey found small businesses owners across America to be as optimistic in their business outlook as any time since the 1980s. Last year, the Chattanooga area added jobs at three times the pace of the country as a whole and the local economy is poised for another year of expansion.

As the economic recovery enters its eighth year, sustaining the the same pace of economic growth and momentum is getting tougher, especially in a tight labor market with interest rates expected to edge higher through 2018.

Nonetheless, the Chattanooga region is poised for growth this year from more road building, new battery-powered vehicles, additional apartment and subdivision development and continued growth in the region's changing entertainment and dining landscape.


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