Are you seeking storage units for rent in Georgia? Explore the listings above to locate the perfect place and learn interesting facts about Georgia.Situated in the southeastern part of the United States, Georgia is one of the most dynamic and economically thriving states. The industries in Georgia play a major role in its economic growth, and make up a substantial portion of its Gross Domestic Product (GDP). According to the U.S Bureau of Economics Analysis, in 2022, the total GDP of Georgia was $713.9 billion (https://wisevoter.com/state-rankings/gdp-growth-by-state/#georgia)
, with the largest industries by revenue in Georgia being drugs, cosmetics & toiletry wholesaling, new car dealers and hospitals contributing with a total of $116.9 billion. ( https://www.ibisworld.com/united-states/economic-profiles/georgia/)
The services sector includes a range of activities, such as trade, transportation, finance, real estate, professional and business services, and education and health services. This sector accounts for the majority of employment opportunities in the state, and contributes significantly to the GDP. Georgia is also one of the leading states in the US when it comes to the manufacturing industry. Manufacturing activities include food processing, textiles, aerospace, and chemicals. As of the third quarter of 2022, the manufacturing sector accounted for 11.4% of the GDP (https://www.geostat.ge/media/50363/Gross-Domestic-Product-of-Georgia-III-Quarter%2C-2022-%28Preliminary%29.pdf)
and provided employment opportunities to 8,65% (https://www.nam.org/state-manufacturing-data/2022-georgia-manufacturing-facts/)
of the total labor force in the state.
The state is also a leader in the agriculture industry, and is home to some of the most significant farms in the US. It is the leading producer of pecans, peanuts, and Vidalia onions. Georgia's agricultural industry contributes significantly to the GDP, accounting for 8% of the total GDP (https://www.geostat.ge/media/50363/Gross-Domestic-Product-of-Georgia-III-Quarter%2C-2022-%28Preliminary%29.pdf)
It is also the leading state in the US for the production of broiler chickens, which contribute substantially to its economy.
The construction sector is the fourth largest contributor to the GDP in Georgia, and accounted for 7.7% of the total GDP in the third quarter of 2022 (https://www.geostat.ge/media/50363/Gross-Domestic-Product-of-Georgia-III-Quarter%2C-2022-%28Preliminary%29.pdf)
This sector provides employment opportunities to 6.1% of the total labor force in the state. Georgia is also home to some of the leading companies involved in the information technology sector. This sector accounts for around 4.1% of the GDP and offers employment opportunities to 4.5% of the total labor force.
Overall, the industries in Georgia play a major role in its economic growth, and are vital to the state's overall success. The major industries in the state include services, manufacturing, agriculture, construction, and information technology. These industries provide employment opportunities to a substantial portion of the total labor force, and contribute significantly to the GDP.