This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Economy To Be Key Issue In Ga. Governor's Race


ATLANTA (AP) a¿¿ Gov. Nathan Deal gathered top elected officials and executives from three major Georgia-based companies at the Capitol on Tuesday to announce Georgia had been recognized by a national trade publication as the top state in the country to do business.

How the state's economy has fared in the last few years is expected to be a big issue as Deal runs for re-election next year, and the governor used Tuesday's event to claim he had made good on one of his campaign promises.

"Now you have heard me saying it often, you would think it's a broken record, that my number one goal has been to make Georgia the number one state in which to do business," Deal said. "In only three short years, for the first time ever, Georgia ranks number one in the United States as the place to do business."

Georgia was recognized by Site Selection magazine as the state with the best business climate, besting North Carolina which had claimed the title last year. The magazine cited such economic development projects as carpet manufacturer Shaw Industries Group's plan to invest $85 million to build a facility in northwest Georgia with an estimated 500 jobs, along with Engineered Floors plan to build two new facilities that could employ as many as 2,400 people.

The rankings don't account for things like unemployment or the state's high school graduation rate. Georgia's unemployment rate measured 8.7 percent in September, among the highest nationally, according to the Bureau of Labor Statistics. Meanwhile, roughly 70 percent of Georgia's high school seniors graduated last year.

"I'm glad that Georgia has gotten a good ranking, although I am concerned the direction this administration is putting us in is sending us in the wrong direction," said Senate Minority Leader Steve Henson, D-Tucker. "We have to do a better job of increasing opportunities for Georgia and not only bringing businesses to Georgia but businesses that improve the quality of life for Georgia citizens."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.81 0.50%
TSLA $222.56 -4.20%
YHOO $35.97 -0.11%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs