There's talk that the economy is growing in Georgia, but such talk is nonsense. In fact, the economy is Georgia is not only lagging that of the nation as a whole, but is getting worse. The unemployment rate is still above 10%, considerably higher than the national average of 8.9%, and one out of every 86 homes in the Atlanta - Sandy Springs - Marietta area are in foreclosure.
To top it all off, entrepreneurs are having an increasingly difficult time getting funding. Anyone in the finance industry knows that Georgia has never been the hot bed of venture capital. However, the scene has become even more depressed. Venture capital investment in Georgia fell approximately 40% in the first quarter of 2011 over the same time during 2010. 40% is a huge drop, especially considering that a nationally, venture capital investment increased by almost 14%.
So, don't relax yet. Conserve your spending and keep your job - if you can.
http://www.bizjournals.com/atlanta/print-edition/2011/04/22/venture-capital-investment-falls-40.html?ana=e_ph
http://realestate.msn.com/article.aspx?cp-documentid=28364347
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