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Old 09-11-2012, 07:59 PM
 
Location: South Augusta
937 posts, read 1,526,335 times
Reputation: 85

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Quote:
Originally Posted by Columbuskidd92 View Post
Well what I'm trying to say,they all have something common with Atlanta.

Columbus has a huge corporate base that bring in billions.
Savannah is a huge tourism site which bring in millions to the city..
Augusta has the huge metro that bring in millions.
What? Georgia Health Sciences University (MCG) has an economic impact in Augusta of 2 Billion by itself. Not counting Ft. Gordon, SRS, Plant Vogle, the Air port, the rest of the medical district, the Masters, and the money off of tourism. I think Augusta is definitely in line for out ranking the other second tier cities.
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Old 09-12-2012, 04:23 AM
 
Location: Columbus,Georgia
2,663 posts, read 4,114,273 times
Reputation: 600
Quote:
Originally Posted by All4Augusta View Post
What? Georgia Health Sciences University (MCG) has an economic impact in Augusta of 2 Billion by itself. Not counting Ft. Gordon, SRS, Plant Vogle, the Air port, the rest of the medical district, the Masters, and the money off of tourism. I think Augusta is definitely in line for out ranking the other second tier cities.
Quote:
I think Augusta is definitely in line for out ranking the other second tier cities.
Hilarious!
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Old 09-12-2012, 04:37 AM
 
Location: Columbus,Georgia
2,663 posts, read 4,114,273 times
Reputation: 600
Aflac’s assets at year-end 2011 totaled more than $117 billion with annual revenues of more than $22.2 billion.
Aflac At A Glance

Now this is without Carmike Cinemas, TSYS, Realtree, Synovus, W. C. Bradley Co.,Fort Bennning and the Tuskegee & Morehouse game.
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Old 09-16-2012, 01:12 PM
 
Location: Atlanta
6,599 posts, read 8,007,260 times
Reputation: 4424
Quote:
Originally Posted by Columbuskidd92 View Post
Aflac’s assets at year-end 2011 totaled more than $117 billion with annual revenues of more than $22.2 billion.
Aflac At A Glance

Now this is without Carmike Cinemas, TSYS, Realtree, Synovus, W. C. Bradley Co.,Fort Bennning and the Tuskegee & Morehouse game.
corporate headquarters are good things, but you better be careful.

Those particular numbers for that particular type of business means very little to its impact on a particular city.

The reason it has so much in assets ... it has to. It is an insurance company. They have to make pay outs when needed. It also matters where those assets are and what they do for the community. They must be in the community. The same for revenues, expenditures and profits. It depends where the money goes and is spent.

For the most part the big deal is the well paying white collar workers it brings to a city, but especially with insurance it won't be the whole company... so those total aggregate numbers from a single company really don't matter to the impact on a city.

in 2011 Augusta has GMP of $19.6 billion (ranked 104 in the country) and a 3.1% growth rate (rank 266).
Columbus was a $12.3 billion (ranked 154) and had a growth rate of 3.8% (rank 187)

http://usmayors.org/metroeconomies/0712/FullReport.pdf

now Augusta's metro population is 561,858 and Columbus' is 301,439. This would be a per capita GMP of $34,844 and $40,804, respectively.

Other things I would analyze if I could well... is where the money is concentrated in the population. Does that GMP lead for more money of the average worker? Does it also produce business that requires more workers?

You have some arguments to stand on, but so does Augusta. They have a strong economy in a strong industry right now, healthcare. They have more people and a bigger overall economy.
Columbus is smaller, but... with further analysis... they might have better quality jobs for a smaller population
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Old 09-16-2012, 02:51 PM
 
Location: Columbus,Georgia
2,663 posts, read 4,114,273 times
Reputation: 600
Quote:
Originally Posted by cwkimbro View Post
corporate headquarters are good things, but you better be careful.

Those particular numbers for that particular type of business means very little to its impact on a particular city.

The reason it has so much in assets ... it has to. It is an insurance company. They have to make pay outs when needed. It also matters where those assets are and what they do for the community. They must be in the community. The same for revenues, expenditures and profits. It depends where the money goes and is spent.

For the most part the big deal is the well paying white collar workers it brings to a city, but especially with insurance it won't be the whole company... so those total aggregate numbers from a single company really don't matter to the impact on a city.

in 2011 Augusta has GMP of $19.6 billion (ranked 104 in the country) and a 3.1% growth rate (rank 266).
Columbus was a $12.3 billion (ranked 154) and had a growth rate of 3.8% (rank 187)

http://usmayors.org/metroeconomies/0712/FullReport.pdf

now Augusta's metro population is 561,858 and Columbus' is 301,439. This would be a per capita GMP of $34,844 and $40,804, respectively.

Other things I would analyze if I could well... is where the money is concentrated in the population. Does that GMP lead for more money of the average worker? Does it also produce business that requires more workers?

You have some arguments to stand on, but so does Augusta. They have a strong economy in a strong industry right now, healthcare. They have more people and a bigger overall economy.
Columbus is smaller, but... with further analysis... they might have better quality jobs for a smaller population

The only reason why Augusta MSA seems so larger than Columbus MSA,because their CSA is already tied together.However,I agree with your post.

Last edited by Columbuskidd92; 09-16-2012 at 03:20 PM..
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Old 09-16-2012, 03:25 PM
 
Location: I-20 from Atlanta to Augusta
1,313 posts, read 1,538,493 times
Reputation: 587
Quote:
Originally Posted by Columbuskidd92 View Post
The only reason why Augusta MSA seems so larger than Columbus MSA,because their CSA is already tied together.However,I agree with your post.
Unless Augusta and Columbia merge it was and has never been classified as a CSA. What do you mean by tied together? Columbus is way more connected to the Alabama side than Augusta is to South Carolina.
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Old 09-16-2012, 03:35 PM
 
Location: Columbus,Georgia
2,663 posts, read 4,114,273 times
Reputation: 600
Quote:
Originally Posted by dpatt.marine1 View Post
Unless Augusta and Columbia merge it was and has never been classified as a CSA. What do you mean by tied together? Columbus is way more connected to the Alabama side than Augusta is to South Carolina.
Okay I didn't know that about the Augusta metro area.
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Old 09-16-2012, 03:41 PM
 
Location: Columbus, GA and Brookhaven, GA
4,492 posts, read 6,362,469 times
Reputation: 1118
Quote:
Originally Posted by dpatt.marine1 View Post
Unless Augusta and Columbia merge it was and has never been classified as a CSA. What do you mean by tied together? Columbus is way more connected to the Alabama side than Augusta is to South Carolina.
If that's the case then Auburn/Opelika numbers needed to be added to Columbus when discussing population. The areas are tied together but A/O still has its own MSA.
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Old 09-16-2012, 03:47 PM
 
Location: I-20 from Atlanta to Augusta
1,313 posts, read 1,538,493 times
Reputation: 587
If it was my understanding they already had a CSA. If Aiken had a MSA then it would be the Augusta Aiken CSA not MSA. We are discussing MSA not CSA.
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Old 09-16-2012, 04:02 PM
 
Location: Columbus,Georgia
2,663 posts, read 4,114,273 times
Reputation: 600
Columbus and A/O will become one big MSA hopefully before the next census. Its just like Augusta and Aikens.
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