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Overview
Atlanta, also known as, "Hotlanta", "The A-T-L", "The New York of the South", "The Capital of the New South", has a unique identity all its own. It is a region of contrasts, blending old with new, traditions with innovations. Atlanta reveres its southern culture and heritage while it exuberantly embraces the future and newcomers. It is a region of winding, tree-lined streets and of soaring skyscrapers; of graceful mansions from a bygone era and trendy loft condominiums; of small, charming towns and of master-planned communities and large developments. Considered the economic capital of the Southeast, many Fortune 500 companies have national or regional offices here, The Home Depot, UPS, Coca-Cola, and Delta Airlines, to name a few.Atlanta was ranked 10th largest metropolitan area in the United States according to the 2000 census with 3.5 million people. By 2002 the population had increased to 4.2 million and continues to grow.With its diverse and well educated population, the city ranks 20th in the proportion of the population who possess at least a bachelor's degree a distinction that puts Atlanta over Los Angeles and New York.The greater Atlanta region is truly international, with nearly 1,000 foreign-based firms. More than 35 nations have consulates or trade offices in Atlanta. Atlanta is rich in history, its origin dates back to 1782. Atlanta is a special place, and there are a number of reasons why you should make Atlanta home. Source: Atlanta A City of New Beginnings – Harry Norman Realtors© 2004
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Indicators of Atlanta's Stability and Growth |
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·Personal income growth higher than the national average.
·Georgia Export growth strong for the last several years
·Metro Atlanta attracts talented people and fast growing companies.
·For the 6th consecutive year, Atlanta ranks 3rd among cities with the most fortune 500 company headquarters.
·Hartsfield-Jackson Atlanta International Airport is the busiest airport in the world.
·Metro Atlanta region is home to more than 45 colleges and universities. The area ranks 6th in terms of degrees conferred.
·Metro Atlanta is ranked 1st in the world in internet security.
Source: Housing Trends 2008 Report, Metro Atlanta Chamber of Commerce |
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Why Atlanta's Economy Is Strong |
- Last year Atlanta gained more than 60,000 jobs.
- 2006 census figures reveal metro Atlanta, now passing the 5 million mark, remains the country's leader in population gains.
- The area's population growth from 2000 to 2006 is the largest increase in the country at 856,266 people added – a 20% increase.
- Personal income growth continues to be higher than the national average.
Source: Atlanta Housing Trends 2008 Report, Metro Atlanta Chamber of Commerce |
Excerpt from Housing Trends 2008 Report
Atlanta Journal-Constitution housing columnist, John Adams noted the following positives in regard to Georgia's housing market:
1. "The cost of borrowing is still remarkably low…."
2. The economy here is strong and growing.
3. "Home prices in Georgia have not slipped, and, in fact, are still rising, though modestly."
4. "With an additional 2 million to 3 million new residents projected to arrive in the Atlanta area over the next 20 years, we will need a lot more housing units than are currently available."
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Where's the Value of Your Home Headed? |
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Metropolitan
Area |
Median Home Price (2Q 2007) |
Percent Change From Year Prior |
Percent Change Forecast, Year Ahead |
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Atlanta |
$174,400 |
0.6% |
3.1% |
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Boston |
$416,880 |
-1.7 |
-7.8 |
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Charlotte, NC |
$202,750 |
4.5 |
0.9 |
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Chicago |
$287,240 |
2.9 |
0.7 |
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Columbus, OH |
$147,990 |
-1.5 |
2.3 |
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Dallas-Forth Worth |
$153,020 |
-1.2 |
-3.0 |
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Detroit |
$100,320 |
-2.1 |
-3.4 |
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Houston |
$151,860 |
1.7 |
2.3 |
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Indianapolis |
$122,100 |
0.8 |
3.3 |
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Jacksonville, FL |
$196,490 |
0.0 |
-6.7 |
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Los Angeles |
$553,560 |
5.9 |
-8.3 |
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Memphis, TN |
$141,510 |
-0.9 |
2.0 |
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Miami-Fort Lauderdale |
$380,220 |
2.7 |
-7.6 |
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Nashville, TN |
$183,370 |
-1.4 |
2.1 |
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New York |
$534,620 |
3.3 |
-7.3 |
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Philadelphia |
$235,800 |
2.9 |
-4.7 |
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Phoenix, AZ |
$260,620 |
-1.5 |
-10.9 |
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Raleigh, NC |
$223,450 |
5.5 |
1.6 |
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San Francisco |
$825,100 |
2.6 |
-7.0 |
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Washington, DC |
$427,810 |
3.6 |
-9.2 |
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Source: Black Enterprise Magazine, Special Report Sorting Out Subprime, November, 2007 |
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2007 Metro Atlanta Rankings |
Rank |
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AARP Magazine
Reason for Optimism: SAFER CITIES
Source: AARP Magazine, March and April 2007 |
1 |
Atlanta |
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Black Enterprise Magazine
"10 Best Cities for African Americans"
Source: Black Enterprise Magazine, May 2007 |
2 |
Atlanta |
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Fortune Magazine
"Top Cities with the Most Fortune 500 Headquarters"
Source: Fortune Magazine, April 2007 |
3 |
Atlanta |
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Site Selection Magazine
"Top Ten Metros" By 2006 Number of Projects
Source: Site Selection Magazine, March 2007 |
3 |
Atlanta – Sandy Springs – Marietta, GA (107) |
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FDI Magazine
"North American Cities of the Future"
Top Ten Major Cities of the Future
Source: FDI Magazine, April 2007 |
4 |
Atlanta |
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Business 2.0 Magazine
"America's Best Jobs in the Hottest Markets"
Source: 2.0 Magazine, May 2007 |
10 |
Atlanta |
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Site Selection Magazine
"Top Economic Development Groups of 2006"
Source: Site Selection Magazine, May 2007 |
N/A |
Metro Atlanta Chamber of Commerce, Atlanta, GA |
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Atlanta Market
Strong job growth projected at more than 50,000 jobs for 2008, steadily increasing population, affordable cost of living and stable home values will continue to ensure Georgia's positive outlook.
Source: Housing Trends 2008 Report |
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Atlanta Business Chronicle, April 2008
Fortune 500 List for '08 features 12 Georgia Companies
Three Georgia Companies fell off the Fortune 500 for 2008, leaving 12 Peach State companies on the list. But Atlanta placed fifth in the nation among cities with the most Fortune 500 headquarters. Full story click here.
·Home improvement retailer The Home Depot Inc. (NYSE: HD) ranked higher than any Georgia company placing 22nd on the 2008 list with 84.7 billion in revenue. It ranked 17th on last year's list.
·United Parcel Service Inc.(NYSE: UPS) fell three spots to 46 with 49.7 billion in revenue.
·Beverage giant The Coca-Cola Co. (NYSE: KO) moved from 94 last year to 83 in 2008 with $28.9 billion in revenue.
·Coca-Cola Enterprises Inc. (NYSE: CCE) stayed flat at 118, with $20.9 billion in revenue.
·Delta Air Lines Inc. (NYSE: DAL), which recently announced merger plans with Northwest Airlines, landed at 129 with $19.2 billion in revenue. It was ranked 136 on the 2007 list.
·Columbus, Ga.-based insurer Aflac Inc.(NYSE: AFL) dropped one spot to 165 with $15.4 billion in revenue.
·Southern Co. (NYSE: SO) ranked 166 with $15.3 billion in revenue. The Atlanta energy giant came in at 168 last year.
·SunTrust Banks Inc. (NYSE: STI) checked in with a ranking of 193 and $13.5 billion in revenue. The bank holding and financial services company placed 183 last year.
·Genuine Parts Co. (NYSE: GPC) parked at 243 with $10.8 billion in revenue, compared with its ranking of 244 last year.
·Calhoun, Ga.-based flooring products company Mohawk Industries Inc. (NYSE: MHK) ranked 328 with $7.6 billion in revenue. It was at 304 in the 2007 list.
·AGCO Corp. (NYSE: AG) placed at 359 with $6.8 billion in revenue. The Duluth, Ga.-based agricultural equipment maker garnered a ranking of 421 in last year's list.
·Consumer products company Newell Rubbermaid Inc. (NYSE: NWL) is ranked 378 with $6.4 billion in revenue. It was 343 last year.
Atlanta ranked 5th among cities with the most Fortune 500 headquarters with 9.In first was New York with 43 Fortune 500 companies, Houston with 25, Dallas with 12 and Chicago with 12.
Source: American City Business Journals Inc.© Atlanta Business Chronicles |
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List of Companies in Atlanta
Many businesses were founded or have their in corporate headquarters in Atlanta or the surrounding metro area. Below is a list of some of the most notable.
 Acuity Brands
AGCO Corporation (in Duluth)
AGL Resources
American Cancer Society
Arby's
Arke Systems
AT&T Mobility
Atlantis Plastics
Beazer Homes USA
BlueLinx Holdings
Cbeyond
CNN
Chick-fil-A
ChoicePoint (in Alpharetta)
The Coca-Cola Company
Coca-Cola Enterprises
Cox Communications
Delta Air Lines
Earthlink
Equifax
Genuine Parts
Georgia Gulf
Georgia-Pacific
Gold Kist
Havertys
Home Depot (in Vinings)
Hooters of America, Inc
Infosurv
Intercontinental Exchange (ICE)
InterContinental Hotels Group (Americas Headquarters)
Lockheed Martin Aeronautics (in Marietta)
Mirant
Newell Rubbermaid
Novelis
Rollins/Orkin
Russell Corporation (Dual headquarters in Alexander City, Alabama and Vinings, Georgia)
Scientific-Atlanta (in Lawrenceville, Georgia)
Servigistics
Southern Company
Spectrum Brands (formerly Rayovac)
SunTrust Bank
Turner Broadcasting
UPS (in Sandy Springs)
Waffle House (in Norcross, Georgia)
The Weather Channel (in Vinings)
World Airways (in Peachtree City)
Source:"http://en.wikipedia.org/wiki/List_of_companies_in_Atlanta" |
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