a market conditions and project evaluation summary of - Georgia ...

Allen Wilson Phase III, Decatur, GA; Market Study
2010 EMPLOYMENT BY INDUSTRY
PMA USA
Industry Number Employed Percent Employed Number Employed Percent Employed
Educational Services 7,440 19.0% 14,168,096 10.4%
Health Care/Social Assistance 5,093 13.0% 18,891,157 13.9%
Prof/Scientific/Tech Services 4,974 12.7% 8,520,310 6.3%
Accommodation/Food Services 2,969 7.6% 9,114,767 6.7%
Retail Trade 2,876 7.3% 15,464,986 11.4%
Public Administration 2,225 5.7% 6,916,821 5.1%
Other Services (excl Publ Adm) 2,220 5.7% 6,679,783 4.9%
Information 1,801 4.6% 3,158,778 2.3%
Admin/Support/Waste Mgmt Srvcs 1,509 3.8% 5,114,479 3.8%
Finance/Insurance 1,469 3.7% 6,883,526 5.1%
Construction 1,349 3.4% 8,872,843 6.5%
Manufacturing 1,304 3.3% 13,047,475 9.6%
Transportation/Warehousing 1,113 2.8% 5,487,029 4.0%
Real Estate/Rental/Leasing 938 2.4% 2,825,263 2.1%
Arts/Entertainment/Recreation 923 2.4% 2,628,374 1.9%
Wholesale Trade 741 1.9% 4,407,788 3.2%
Utilities 125 0.3% 1,115,793 0.8%
Mgmt of Companies/Enterprises 84 0.2% 202,384 0.1%
Agric/Forestry/Fishing/Hunting 46 0.1% 1,790,318 1.3%
Mining 0 0.0% 723,991 0.5%
Total Employment 39,199 100.0% 136,013,961 100.0%
Source: ESRI Demographics 2010, Novogradac & Company LLP, May 2012
The largest employment industries in the PMA are educational services, healthcare,
professional/scientific/technical services, and retail trade. The retail industry, among other
private sectors, was hit hard by the economic recession. Retail trade, in addition, to construction,
manufacturing are underrepresented in the primary market area when compared to the nation.
Educational services, professional/scientific/technical services, and information industries are
overrepresented in the PMA when compared to the nation.
3. Major Employers
The diversification of the Decatur economic base is indicated by the following list of the Decatur
area’s 11 largest employers.
MAJOR EMPLOYERS
Decatur, GA
# Employer Industry Number Employed
1 Dekalb County Government Government 1,200
2 Emory University Health Systems Healthcare 600
3 Decatur Board of Education Education 489
4 Agnes Scott College Education 375
5 DeVry University Education 290
6 U.S. Postal Service Government 200
7 City of Decatur Government 200
8 Decatur Hospital Healthcare 150
9 Columbia Theological Seminary Non-profit/Religious 100
10 Wells Fargo Bank Finance 45
11 McCurdy Candler Legal 25
Total 3,674
Source: City of Decatur, April 2012
Novogradac & Company, LLP 37