In need of a warehouse space for rent In Georgia? Look into the listings above to find the location that fits the best to your requirements.Georgia is a state in the southeastern region of the United States with a population of over 10 million people. It is home to a diverse economy and has long been an important hub for many industries, including manufacturing, transportation, and logistics. In 2022 , the state's Gross Domestic Product (GDP) was $713.9 billion, making it the 8th largest economy out of all the 50 US states. (https://wisevoter.com/state-rankings/gdp-growth-by-state/#georgia)
Georgia is a major producer of a variety of products such as textiles, chemicals, agricultural products, and electronics, as well as a strong provider of services. In the third quarter of 2022, the state's manufacturing sector accounted for 11.4% of the total GDP, with a total value of $66.1 billion. The transportation and logistics industry accounted for 6.8% of the state's GDP and the wholesale and retail trade industry accounted for 14.8%. The agriculture, forestry, and fishing industry accounted for 8%, while the professional and business services industry accounted for 8.3%. (https://www.geostat.ge/media/50363/Gross-Domestic-Product-of-Georgia-III-Quarter%2C-2022-%28Preliminary%29.pdf)
In terms of labor, Georgia is also a major contributor to the economy. In 2022, the state's labor force totaled 5.2 million people, with the majority of workers employed in the services sector (https://tradingeconomics.com/georgia/employed-persons)
The professional and business services industry was the largest employer in the state, employing 1.2 million people, followed by the leisure and hospitality industry, which employed 829,000 people. The manufacturing industry employed 554,000 people, while the education and health services industry employed 519,000 people.
Overall, Georgia is an important contributor to the U.S. economy, and its industries provide an important source of employment and economic growth. The state's diverse economy has led to a strong labor force and a large GDP, demonstrating the importance of industries in Georgia.