The Atlanta Business Chronicle reported this week that Georgia’s manufacturing numbers are looking better for the end of 2010 then they were in previous quarters. Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — went up 7.6 points to 53.7 for 2010, up from 46.1 in January. The PMI for December was down 2.6 points from November. This reversed a 6-point rebound in November after three consecutive months of decline. A PMI reading above 50 shows manufacturing activity is expanding, while a reading below 50 shows it is contracting.Chattooga County Chamber of Commerce Director David Tidmore told AM 1180 last month that Chattooga County has been fortunate during the economic recession. Unlike almost every county around us in both Georgia and Alabama, Chattooga County has not lost one manufacturing facility. However, a stubbornly high unemployment rate continues to plague Chattooga County.
While the PMI numbers for Georgia are an improvement, they still fall below the national average.