Georgia and Atlanta have productive service and manufacturing industries. In fact, service industries account for about 72 percent of Georgia’s gross state product (GSP). Atlanta and the metropolitan area are where most of the state’s goods and services are produced.
Wholesale and retail trade is by far the most important service industry. Atlanta, the capitol of Georgia and one of the largest cities in the Southeast, has excellent transportation facilities and this makes it a superb hub for the region and a center for wholesale trade. Macon, just south of Atlanta, is a trading center for agricultural and lumber products.
Georgia’s second most important type of industry is finance, insurance and real estate. In fact, Atlanta Georgia real estate is perpetually increasing in value. And Atlanta’s banking industry is also thriving. Intensive real estate development in the North and now in the south has grown steadily. Georgia also has some other industries including clothing, electrical machinery and equipment. Glass products are also important, as well as stone and clay products. Of course, agricultural and mining products add hugely to Georgia’s diverse economy.
Georgia’s manufacturing accounts for roughly 20 percent of the gross state product. Textiles, food and chemicals are manufactured throughout Atlanta and Georgia. The production of chemicals, for instance, adds billions of dollars to the economy and these products include industrial chemicals, agricultural chemical, pharmaceutical chemicals, paints, polishes, soaps, detergents and sanitation goods.
Transportation equipment is often very important and profitable. Aircrafts, automobiles, truck bodies and boats are just some of the major transportation industries located in Georgia. Low unemployment has helped Atlanta Georgia real estate maintain its momentum, adding value to homes, businesses and land.
Paper products and wood products are also some of the leading industries in Georgia. Yellow pines of southern Georgia, for example, produce plentiful rosin, pine oil and turpentine products. Georgia is the leader in these products, beating all other 49 states in production. Slash pines in the southern parts of Georgia also produce many tons of pulpwood for many different paper products. Georgia’s many paper mills produce paper, newsprint and cardboard. In addition, cellulose processed from pine trees makes the base for plastics, cellophane and rayon. Georgia has many other pine products including lumber, barrels, and railway ties. Oaks and other hardwoods in the north of Georgia are used in making furniture, flooring and assorted interior furnishings.
