Georgia’s economy is expected to grow by 2. 4% in 2025, slowing from a 3. 1% growth in 2024, according to the University of Georgia Selig Center for Economic Growth.

This growth is still faster than the projected 1. 6% for the national economy. The slowdown is linked to a policy shift by the Federal Reserve to control inflation, which has dropped from 8% in 2022 to a projected 3% in 2025.

Georgia’s job growth is anticipated to slow to 1% in 2025, compared to 1. 5% in 2024. The unemployment rate may rise from 3. 7% to 4%. Areas like health care and housing are expected to drive economic growth, with housing construction projected to increase by 9%.

Despite a national slowdown, Georgia’s economic development strengths suggest continued growth. For further details, visit the UGA Selig Center’s website or attend related events.