Savannah learns about its economic outlook for 2023

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EITHER MAN WILL ENDORSE TRUMP FOR PRESIDENT AT THE EVENT. SAVANNAH COULD SEE SOME MORE ECONOMIC GROWTH THIS YEAR, BUT MAYBE NOT AS MUCH LAST YEAR. THAT WAS THE MESSAGE TODAY FROM GEORGIA SOUTHERN ECONOMICS PROFESSOR – MIKE TOMA. DURING THE SAVANNAH CHAMBER OF COMMERCE ANNUAL ECONOMIC OUTLOOK LUNCHEON, HE ALSO OUTLINED THE POSITIVE IMPACTS OF THE GEORGIA PORTS, REBOUNDING TOURISM AND NEW ECONOMIC DEVELOPMENT LIKE THE HYUNDAI PLANT COMING TO THE AREA. <> “WITH ALL THAT TOGETHER 2023 IS GOING TO BE A GOOD YEAR FOR SAVANNAH, WE WILL OUTPERFORM GEORGIA, WE WILL OUTPERFORM THE US ECONOMY.” <> “WE’RE HAVING AN INFLUX OF NEW BUSINESSES, WE HAD A LOT OF NEW BUSINESSES OPEN THAT WERE INDEPENDENT OF ANY OTHER DEVELOPMENT OUT THERE BECAUSE SAVANNAH IS JUST A GOOD PLACE TO DO BUSINESS.” TERRY HUMPHREYS FROM THE UNIVERSITY OF GEORGIA COLLEGE OF BUSINESS ALSO PRESENTED THE STATE FORECAST, WHICH

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Savannah learns about its economic outlook for 2023

Georgia Southern professor lays out the predictions during luncheon

Savannah could see some more economic growth this year, but maybe not as much as last year.That was the message Wednesday from Georgia Southern economics professor Mike Toma.During the Savannah Chamber of Commerce annual Economic Outlook Luncheon, he also outlined the positives of the impacts of the Georgia Ports, rebounding tourism and the new economic development like the Hyundai plant coming to the area.“With all that together 2023 is going to be a good year for Savannah,” Toma said. “We will outperform Georgia, we will outperform the U.S. economy.”“We’re having an influx of new businesses,” said Allyson Harvin, chair, Savannah Chamber of Commerce board. “We had a lot of new businesses open that were independent of any other development out there because Savannah is just a good place to do business.”Terry Humphreys from the University of Georgia College of business also presented the state forecast, which is expected to experience a slight recession, but it will be better than the United States.

Savannah could see some more economic growth this year, but maybe not as much as last year.

That was the message Wednesday from Georgia Southern economics professor Mike Toma.

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During the Savannah Chamber of Commerce annual Economic Outlook Luncheon, he also outlined the positives of the impacts of the Georgia Ports, rebounding tourism and the new economic development like the Hyundai plant coming to the area.

“With all that together 2023 is going to be a good year for Savannah,” Toma said. “We will outperform Georgia, we will outperform the U.S. economy.”

“We’re having an influx of new businesses,” said Allyson Harvin, chair, Savannah Chamber of Commerce board. “We had a lot of new businesses open that were independent of any other development out there because Savannah is just a good place to do business.”

Terry Humphreys from the University of Georgia College of business also presented the state forecast, which is expected to experience a slight recession, but it will be better than the United States.