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An August, 1995 economic study by Peter A. Morton investigates employment and
income trends from 1969-1990, and highlights trends for selected industries
in the four-county Chattooga watershed area. Portions of Jackson and Macon Counties
in North Carolina, Oconee County in South Carolina and Rabun County in Georgia
comprise the Chattooga watershed economic study area. This profile does include
land, people and businesses outside of the watershed proper, because the economic
data necessary for the analysis is grouped by whole counties, and because activities
occurring in the watershed proper are directly tied to the economy of the entire
county. Data from the Bureau of Economic Analysis, the Bureau of Census and
economic reports issued by state-level government agencies was used for the
analysis. Comparisons are made between local trends, and the same statistics
for the three-state region (NC, SC and GA) and the United States as a whole.
The report presents a picture of the economic base of the area, how the economy
has evolved over a twenty-year period, and how its evolution compares to regional
and national trends.
Employment and Income Trends
Between 1970 and 1990 population, jobs, and labor and non-labor income all
increased in the Chattooga area at rates greater than in the three-state region
and in the U.S. as a whole. Jobs in our area increased by 72% during these twenty
years. The combination of retail trade, services, construction and government
sectors created most (72%) of the new jobs. The slowest growing sector was manufacturing
(12% increase in jobs), and the fastest growing were finance, insurance and
real estate (406% increase), followed by construction (310% increase) during
the same twenty years. The top employers for the Chattooga area in 1990 were
manufacturing (25% of total employment) and service-related industries including
services, retail trade, government and construction (this combination accounted
for 53% of total employment in the area). Self-employment has more than tripled
in the last twenty years: in 1990 self-employed workers made up 20% of total
employment in the Chattooga area.
Real (adjusted for inflation) total personal income (TPI) in the Chattooga
area increased by 120% from 1970-1990. This growth in TPI was greater than for
the three-state region and greater than the country as a whole. Non-labor income
accounted for a large part of our area's total personal income (35% of TPI in
1990, an increase from 21% in 1970). The migration of retirees with non-labor
income from pension funds and home equity gains has changed the dynamics of
the economy of the Chattooga four-county area.
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