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Regional Economic Competitiveness Strategy

Regional Economic Competitiveness Strategy. Historically, population and employment gains in metro Atlanta far outperformed the U.S. average. EMPLOYMENT (in millions) 1992 - 2017. POPULATION (in millions) 1992 - 2016. METRO ATLANTA. METRO ATLANTA. U.S. U.S.

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Regional Economic Competitiveness Strategy

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  1. Regional Economic Competitiveness Strategy

  2. Historically, population and employment gains in metro Atlanta far outperformed the U.S. average. EMPLOYMENT (in millions) 1992 - 2017 POPULATION (in millions) 1992 - 2016 METRO ATLANTA METRO ATLANTA U.S. U.S. ‘92 ‘97 ‘02 ‘07 ‘12 ‘17 ‘92 ‘97 ‘02 ‘07 ’12 ‘16 SOURCE: BUREAU OF LABOR STATISTICS; U.S. CENSU.S. BUREAU; AVALANCHE CONSULTING 7 CATLYST Strategy: Chapter 1

  3. Complete Strategic Framework VISION: A REGION THAT WORKS FOR EVERYONE ACCESS HEALTHY & HOUSED PREPARED & PRODUCTIVE Goal: Everyone is prepared to advance in a productive career and lifelong learning. Goal: Everyone has access to options for a healthy lifestyle and quality, affordable housing. CORE GOAL: UPWARD ECONOMIC MOBILITY ENGAGED & EMPLOYED CONNECTED & RESILIENT ACCESS BEDROCK: COLLABORATIVE LEADERSHIP, CULTURE OF TRUST ACCESS ACCESS Goal: Everyone can connect to the people, places, and information needed to have a resilient, prosperous life. Goal: Everyone can thrive in a robust global economy.

  4. Measuring Success: Are People BetterOff? PRIMARYMETRICS HEALTHY& HOUSED Percentage of Households Spending >30% on Housing Source: US Census Bureau American CommunitySurvey US AGE COUNTY 1-YEAR COMP RACE USCOMPRACE AGE COUNTY 1-YEAR Chronic DiseaseRates (% of Population with Diabetes / % of Population with CardiovascularDisease) Source: Centers for Disease Control SMART:BRFSS SUPPORTMETRICS Benchmark to US Average Benchmark to CompetitorRegions Breakdown byCounty ProgressUpdate Breakdown byRace/Ethnicity AGE Breakdown byAge US RACE COUNTY KEY COMP 1-YEAR 59

  5. Employment Centers’ and HousingAffordability This map shows the relative affordability for the remaining employment centers within the context of theregion. Employment centers (outlined in white) are overlaid on census tracts that display the percentage of owners and renters spending more than 30 percent of their household income on housing costs. Census tracts in orange are the least affordable, with higher percentages of owners and renters housing costs exceeding 30 percent of household incomes. While housing values are generally higher in employment centers located in Cobb and Gwinnett counties, as well as portions of N. Fulton and N. DeKalb, household incomes are also generally higher in these census tracts, therefore housing costs are also generally more attainable for those households. Thus, incomes are a key driver of determining affordability, regardless of housingprices. Housing Affordability: % of Housing Costs Exceeding 30% of HouseholdIncome 47.3 to82.5 38.4 < 47.3 32 <38.4 26.5 <32 9.4 to <26.5 Source: 2011-2015 American Community Survey 5-Year Estimates via NeighborhoodNexus

  6. Ashley Rivera arivera@atlantaregional.org

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