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Thursday February 7, 2008

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Volume VIII, Issue 1

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The 2008 Economic Outlook held here Jan. 11
Speech by Jeff Humphreys, Sleig Center of the Terry College of Business

Assuming that the U.S. and Georgia economies manage to keep their heads above water, then Columbus will enjoy very solid economic expansion in 2008. In fact, the pace of job growth in the Columbus area will accelerate, which is just the opposite of our forecast of a noticeable slowdown in hiring for both the state and the nation.

Robert T. Sumichrast, Dean of the Terry College of Business, gave his forecast for the nation and the state of Georgia. Jeff Humphreys, Sleig Center of the Terry College of Business provided a detailed forecast of Columbus.

Even better: I expect the pace of growth to rise in 2009. And, then, the pace of growth will really take off in 2010. That's when the Armor School begins to move into Fort Benning.

The bottom line is that Columbus has so many projects in the economic development pipeline that the economy should have the strength to sustain economic growth through a mild to moderate U.S. recession.

That does not mean that Columbus is recession proof. If the U.S. recession is sharp and long then Columbus also would take a hit. I put the risk of recession in Columbus at roughly 20%. That's half the downside risk that I see for either the state or the nation.

Let's translate that forecast into actual job growth.

I expect the number of non-farm civilian jobs in the Columbus area to rise by 2.4 percent in 2008. That's roughly 3,000 new jobs, which is a very strong number. In fact, the last time Columbus added that many jobs in a single year was back in 1997. And, the percentage gain is more than double the 1.1% gain that the Terry College expects for the state as a whole, and is triple the 0.8% gain projected for the nation.

I suspect the main challenge facing Columbus will be preparing your region to accommodate the job and population growth that is coming.

The track record suggests that your leaders are up to the challenge. And, I suspect that their demonstrated ability to work together to get massive projects done is one reason why those calling the shots in the 2005 BRAC were confident in choosing to relocate thousands of military personnel and tens of thousands of trainees to Fort Benning.
Why am I so bullish on Columbus?

Expansions at both Fort Benning and Aflac underpin my optimism. Of course, I also expect the new Kia plant and its suppliers to provide a boost to the regional economy.

For more of the speech, click here to download or view in PDF format.


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Columbus' Cost of Living Remains Lower than National Average

According to the recently released Cost of Living Index, Columbus is ranked 92.6, or 7.4 percent below the national average for the third quarter of 2007. The report is compiled and published by The Council for Community and Economic Research (C2ER), formerly known as the American Chamber of Commerce Researchers Association (ACCRA).

The Cost of Living Index is a quarterly measurement of the cost of consumer goods and services in over 300 communities throughout the U.S. The survey collects prices for 57 different items and services, and then determines the national average cost for that item. The prices in each community are then compared to the national average number. Once this has been accomplished, it becomes clearer as to where a community stands with respect to the national average.

Chambers of Commerce, economic development organizations, and university economic centers participate in the price collection for each urban area. In Columbus, the price collection is coordinated through the Greater Columbus Chamber of Commerce's Economic Development Department. Occasionally, small differences may be noticeable, but should not be interpreted as showing any measurable difference, according to C2ER.

According to the most recent report released by C2ER, the composite Cost of Living of 92.6 ranks Columbus as 109 out of 302 communities with the lowest Cost of Living. In other words, there are 193 communities that are more expensive than Columbus, while there are only 108 communities where the Cost of Living is lower. The lowest Cost of Living can be found in Joplin, Missouri, which has a Composite Index of 82.0, while the highest Cost of Living is found in New York City (Manhattan), with a Composite Index of 213.0. Overall, 64% of the communities participating in the survey have Costs of Living higher than Columbus.

The Index does not measure inflation. Rather, it analyzes specific items and services that are common to most people and available in most communities. The prices are gathered at a single point in time, usually on a designated Thursday/Friday/Saturday pricing period. This ensures that any potential impact for price fluctuations can be eliminated or severely limited. With a broad range of items and services to be priced, it is the most comprehensive Cost of Living Index available.

The Index uses grocery items (ground beef, canned tuna, milk, eggs, etc), housing (new home costs and apartment rental rates), utilities (natural gas, electric, phone), transportation (tire balancing and gasoline prices), healthcare costs (office visits to doctors, dentists, and optometrists, as well as costs for prescription and non-prescription drugs), and miscellaneous goods and services (pizza and quarter pound burgers, haircuts, dry cleaning, clothing prices, etc.). Each category is weighted, and the results compiled into the composite index.

For example, by surveying ten grocery stores in the Columbus area, it was determined that the average price for a loaf of bread was $1.19. By comparison, the average cost of a loaf of bread in Valdosta was $1.25, only slightly higher. However, a loaf of bread in New Haven, CT. was $2.66, and in Honolulu, it was $3.10. When considering a 64 oz. container of orange juice, the average price in Columbus was $3.44, but $4.99 in Anchorage, AK., $5.79 in Oakland, CA., and $5.76 in Honolulu, HI.

The cost of healthcare in Columbus ranked as the lowest average number among the eight other communities that participated in the survey. The Columbus Healthcare Index is 91.7, compared to 101.4 in Atlanta, 102.1 in Valdosta, 103.8 in Rome, and 108.3 in Augusta. Of the nine participating communities in Georgia, only Columbus, Savannah, Douglas, and Americus reported that results in all categories were ranked below the national average.
Click to view the Cost of Living maps
Map Legend

Top Map:

  • Red is higher than the national average
  • Green is lower than the national average
  • Blue is Columbus which is below the national average

Bottom Map:

  • Red is above the Columbus average
  • Green is below the Columbus average
  • Blue is the same as the Columbus average


We would like to express our deepest appreciation to all of our members for their support of the Chamber and, especially, to our Enhanced Investors, some of whom are included below:

Continuous Sponsors   

AFLAC Incorporated; AT&TBlueCross BlueShield of Georgia; Columbus Bank and Trust; Columbus Regional Healthcare Systems, Inc.; Deltacom; Georgia Power Company; St. Francis Hospital; Synovus Financial Corp.; TSYS; W.C. Bradley Company

Gold Sponsors:

Atmos Energy; Bill Heard Chevrolet; Carl Gregory Enterprises; Columbus Doctors Hospital; Growing Room, Inc.; Hughston Orthopedic Hospital; Kodak; Panasonic Battery Corporation of America; SunTrust Bank; Wachovia

As a not-for-profit organization, the Chamber provides the ideal venue for public-private partnerships to maintain a pro-business region. While we appreciate all of our members, many business leaders recognize the value of investing more than their membership fees in the Chamber’s mission to benefit the region. The Chamber’s Enhanced Investor levels include Continuous, Platinum, Gold, Silver, and Bronze Sponsors. 

Our enhanced investors receive Chamber benefits in accordance with the different levels of investments. We would like to have the opportunity to meet with you and discuss the benefits of being an enhanced investor or increasing the sponsor level of your investment. Please contact Mark Blackwell at  706-327-1566, ext. 16 or mblackwell@columbusgachamber.com.


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Education very important to economic development

The ARCHIE Report on the Peach State Poll recently provided some valuable insight on some perceptions concerning education in Georgia. 75% surveyed answered that they think that colleges and universities are "very important" to economic development. Yet the number of high school drop outs, the percentage of Georgians who obtain some type of post secondary education is well below that number. If our Region is to reach the level of economic success that is possible, we must not settle for the past achievements or rationalize that the South as a whole has this problem. Job creation depends upon many factors. It would be hard to find one factor more important than having a future workforce that is skilled and trained. Parents, teachers, administrators, businesses, the public and elected officials all share in the challenges to make sure that no excuses or hurdles prevent education attainment from being achieved…our future depends on it!



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Aunt Pearlie's Food Products, Inc. a local company makes it into Publix stores

The company received notice from their national sales and distribution company that Publix stores would roll out their products in 240 stores then moving to full integration into the 930 stores, according to Brian Stone, owner. If you don’t know Aunt Pearlie’s Food Products, Inc. you might know his other business Columbus Gourmet. They started trying to introduce their products into Publix back in October of 2006.

     
Greater Columbus Georgia Chamber of Commerce's 2007 Annual Meeting

2007 Chamber Chair Stella Shulman, Executive Vice President, The Jordan Company talked about the successes of 2007.
The Greater Columbus Georgia Chamber of Commerce celebrated its 162nd year of business during the Annual Meeting honoring the accomplishments of 2007 Chamber Chair Stella Shulman, Executive Vice President, The Jordan Company. The 2007 Annual Meeting was held January 9 in the Bill Heard Theater , at the RiverCenter for the Performing Arts.

The Jim Woodruff, Jr. Memorial Award, representing the Hall of Fame of Columbus Leadership, was presented by 2007 Chamber Chair Stella Shulman to Thomas B. Black who retired as administrator for the Bradley-Turner Foundation in 2006.

The major points of the 2007 Annual meeting included:

Russ Carreker, 2008-09 Chair Greater Columbus Georgia Chamber of Commerce presents an obelisk to 2007 Chamber Chair Stella Shulman, Executive Vice President, The Jordan Company for her leadership.

Economic Development was successful in 2007 and is important to the continued growth of the region. "These new jobs and capital investments provide great opportunities for many of our Chamber members to gain new business benefiting their bottom lines," according to Russ Carreker. "As they say, 'a rising tide floats everybody's boat' and that is what new jobs and new capital investment will do…..raise the tide throughout our region."

Being launched this year will be a new program tentatively called the Young Professionals. "We already have the first corporate sponsor who has not only helped us develop the program, but they have provided the first "seed money" to allow us to hire a program manager and actually get the program started" said Stella Shulman. "We want to thank Aflac for being the first to show their support."

(L-R) Russ Carreker and Stella Shulman jointly present the priorities of the Chamber for 2007.

"Fort Benning, imagine if you can, what kind of an impact $2.9 billion and over 11,000 new jobs will make for our whole region," said Shulman. "That is more than double the investment of KIA! This is led by Fred Green, Synovus, as the Chair of our Fort Benning Futures Partnership, and his right hand, Chamber staff member Gary Jones."

"Making sure that we have not only adequate water for this growth but sustainability for generations to come is essential," adds Carreker. "And the federal government is beginning the process once again that could have a significant impact on the air quality for our Region which would affect every person and every business in our Region."

More than 300 people turned out for the Annual Meeting.

One of presentations at the Annual Meeting was "Shift Happens" provides you through a "did you know" format a shift in our society and how the world interacts. You will find some of the numbers very interesting and possibly shifting the way you view the world. It also questions how we will compete in the future world. http://www.columbusgachamber.com/2007am/

On the same page you will find a PowerPoint of the 2007 People, Places and Events. You might even see your picture in there. There are more than 50 slides with three to four pictures per slide.


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Thomas Black enters the hall of fame of Columbus leadership

Stella Shulman, chair 2007-08 presents the Jim Woodruff, Jr. Memorial Award to Thomas Black at the Annual Meeting.
The Jim Woodruff, Jr. Memorial Award, representing the Hall of Fame of Columbus Leadership, was presented to Thomas B. Black by 2007 Chair Stella Shulman during the 162nd Annual Meeting of the Greater Columbus Georgia Chamber of Commerce on Jan. 9, 2008, at the RiverCenter for the Performing Arts in the Bill Heard Theatre.

Past recipients of the Jim Woodruff, Jr. Memorial Award include: D. A. Turner, Dr. Thomas Y. Whitley, Dr. William Henry Shaw, Maynard R. Ashworth, Charles S. Daley, Emily Woodruff, Sara Spano, J. W. (Bill) Feighner, Sr., L. Rollins Aldridge, Jr., John B. Amos, William B. Turner, Gunby Jordan, Jack Hughston, A. J. McClung, Judge Aaron Cohn, Harry C. Jackson, Bill Heard, Jr., John Barnett Woodruff, Rozier Dedwylder, George W. Ford, Jr., George Woodruff, James D. Yancey, Marvin R. Schuster and James Blanchard.

"It is my pleasure to present the Jim Woodruff Jr. Memorial Award representing the Hall of Fame for Columbus Leadership to Thomas B. Black, who's career has spanned nearly 50 years," said Stella Shulman 2007 chair of the Greater Columbus Georgia Chamber of Commerce. "His service to the community has touched a broad range of our citizens making the Columbus region a better place to live and work."

During his professional career, Mr. Black was the Administrator of the Bradley-Turner Foundation 1999-2006, President of the TDJ Company 1986-1999, Tom's Foods Inc. from 1960-1986 serving as Executive Vice President from 1972-1986, Tom Black, Inc. 1957-1960 and served in the U.S. Army from 1955-1957.

Black's impact on the community and the lives of area citizens can be seen in his service as a Trustee & Past Board Chair, Columbus State University Foundation, Trustee, Columbus State University Foundation Properties, Trustee & Past Board Chair, Brookstone School, Trustee & Past Board Chair, Mercer University, Trustee, RiverCenter, Inc, Vice Chair, Board of Trustees, The Pastoral Institute, Vice Chair, Board of Trustees, Walter Alan Richards Foundation, Board Member, Community Foundation of the Chattahoochee Valley, Board of Directors, Northstar Industries, Board of Directors, Columbus River Center, Former Trustee, Columbus Museum, Former Board Member, Metropolitan YMCA, Former Campaign Chair and Board Chair, United Way, served as Vice Chair, "The Columbus Challenge" Campaign, served as Chairman of the Community Projects Foundation, Past President, Snack Food Association International, Deacon and past Deacon Chair, First Baptist Church of Columbus, serving as Co-Chair for current Brookstone School Capital Campaign and Board Member, Valley Interfaith Promise Homeless Ministry.

The Jim Woodruff, Jr. Memorial Award is given to a person who is so singularly meritorious as to clearly warrant receiving of the award. A lifetime of accomplishments and contributions is considered. The recipient is selected based on their depth of contribution in leadership, innovation, imagination, involvement, commitment and unselfish humanitarian service-their total community experience.


Leaders from Washington D.C. visit Columbus
Leaders from a 10 county region participated in the meeting on the growth of Fort Benning and its impact on the region with leaders from Washington D.C. The group included federal, state and local elected officials along with school district officials from three counties from Alabama and 7 counties from Georgia.
(Center seated) Keith Eastin, Assistant Secretary, Installation and Environment, U.S. Department of Army, talked about the importance of the meeting Jan. 29 on the Growth at Fort Benning. Eastin was one several people who traveled from Washington D.C. for an update on Fort Benning and the impact it will have on the community.


Download: U. S. Army Approved Growth Estimates and Preparing For Growth
Timeline shown at the meeting

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Government Affairs kicks 2008 with visit to the state Capital

2008 kicks off the Legislative Session January 15 at the State Capitol in Atlanta. Several key issues are likely to dominate the Session in addition to the passage of the State Budget. These items include:

  • The State's Proposed Water Management Plan
  • Transportation Funding
  • The Speaker's proposed GREAT Plan (a proposal to shift Georgia's revenue from being property tax driven to sales tax driven)
Stella Shulman, chair of the Greater Columbus Georgia Chamber of Commerce welcomed U.S. Congressman Sanford Bishop for an update on the region January 11.

The Chamber will monitor each of these issues very closely with a staff presence in Atlanta. The Greater Columbus Chamber also will have a group in Atlanta attending the Georgia Chamber's Annual Meeting and Egg's and Issues Breakfast kicking off this new Legislative Cycle. This meeting provides our Region with great insight and access to the key issues pertinent to our Region while facilitating face time with those individuals that hold great influence over the outcomes of the State Legislation.

The Greater Columbus Georgia Chamber hosted U.S. Congressman Sanford Bishop for an Executive Briefing January 11. The Congressman was joined by his key staff Kenneth Cutts and Elaine Gillespie. Congressman Bishop was briefed on the following issues:

  • Ft. Benning & the Maneuver Center Update
  • The National Infantry Museum
  • The Chamber's Policy Statement on the State's Proposed Water Plan
  • Air Quality

These Executive Briefings are utilized to keep our federal elected officials and their staffs aware of key issues essential to our Region. Our next Executive Briefing is scheduled with U.S. Congressman Lynn Westmoreland in February.

Finally, on Thursday, February 28th 2007 during the monthly Eye Opener Breakfast the Chamber will host Ms. Carol L. Kemker, Region 4 Deputy Director of the Environmental Protection Agency. Ms. Kemker will address our membership about the Air Quality in our Region and provide some tips on actions that will improve the quality of our air. Recently, our Region formed the Air Quality Alliance of the Chattahoochee Valley to deal specifically with this issue.


"Moving the World One Rock At A Time"
D.A.T. Trucking, Inc. named Greater Columbus Georgia
Chamber of Commerce Small Business Giant for January

David E. Hardge

David E. Hardge established D.A.T. Trucking, Inc. in 1996. D.A.T. comes from the initials of his three children. In February 1998, the company was incorporated and started with the purchase of one truck. That truck was leased to companies in the Columbus, Georgia area. In 1999, they decided to try it on their own and by 2000 convinced Hardge's father-in law to retire and purchase a 2nd truck together. In the year 2003 D.A.T. Trucking, Inc. was certified by the D.O.T. as a Disadvantaged Business Enterprise (DBE) for the state of GA. "The first contract we did as a DBE was Flat Rock Road, then Macon Road" said Hardge. D.A.T. Trucking, Inc. is the emergency trucking company for the city of Columbus. "When the storm came through North Columbus we helped to haul the trees and debris away. We are currently under contract to various private companies in Columbus." D.A.T. Trucking, Inc. has a total of 35 Dump Trucks owned and leased on the road daily. The company lends support to the widows in the Smith Station community with monetary gifts at Christmas and a Ham or Turkey. D.A.T. hosts a company picnic on Labor Day weekend where the community is invited, and sponsors a Dump Truck in the MLK Jr. Parade where young adults and children are able ride in the bed. "We support and donate to the Little League softball teams and cheerleaders in Harris County as well as other young adult organizations."


Columbus two years in a row "Best Communities for Young People"

100 Best- The latest edition of America's Promise Alliance has once again chosen Columbus as one of 100 of the "Best Communities for Young People". While we still have much work and progress that needs to be made, this selection is validation that much progress has been made over the years to help Columbus become a "city of choice".
The Young Professionals Program that was discussed at the Chamber's Annual Meeting will be a valuable tool in our continued efforts to attract and retain young professionals for the Columbus Region.


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Partners In Education meets with Meriwether officials
Leaders of Partners In Education meet with Meriwether officials about how they could start a PIE program in their county January 11, 2008.

The 2007 Economic Census coming to area businesses


Columbus Consolidated Government comprehensive plan discussed

The Comprehensive Plan for Columbus will provide policy and planning guidance on the physical development and redevelopment of the city. The new Comprehensive Plan will look ahead to the year 2028 - so it will help us prepare for the next 20 years in the future of Columbus! Make plans to come and tell your neighbors!

A survey is another way to reach as many people as possible and to gather input on the desired future planning for the City. In addition, please visit the project website at www.jjg.com/CCGPlan/. This website will be updated throughout the process and will contain documents, maps, interactive questionnaires, useful links, and contact information.

The exciting process of preparing a plan for your neighborhood and the City of Columbus has just begun, and this is your invitation to have a part in it from the very beginning! The City wants you to come to one of a series of Visioning Workshops that will take place in six different locations throughout the City. The workshops will be held from 6:00 pm until 8:00 pm. Each workshop will begin with an informative presentation, "What is a Comprehensive Plan?" and "What does it mean to my neighborhood?" Next there will be "hands on" exercises and discussion sessions where you and your neighbors will discuss your concerns and identify ways you can make positive changes in the future of your community.

The next meeting date and location can be found below. Plan to attend the one nearest you.

Doors open at 5:30 pm to view displays and to fill out the community questionnaire. Meeting is from 6:00 pm - 8:00 pm.

Monday, February 11th
Baker Middle School Cafeteria
1215 Benning Drive


Other links...

Chamber home page . . . click here

Economic Development home page
 . . . click here
Partnership for Workforce Development home page . . . click here
Partners In Education home page . . .  click here


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© Copyright 2007. Greater Columbus Georgia Chamber of Commerce. All Rights Reserved.
1200 6th Avenue  |  Columbus, GA 31902
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