Economic Indicators

The Chamber’s Chattanooga CAN DO Progress as of June

Description Goal by June 2011 Progress to Date

Increase employment by 15,573 jobs 10,109 new jobs

Directly assisting the creation of 7,500 jobs 3,003 new jobs

--with average wages of at least $37,466 $53,905

Increase private capital investment by $500,000,000 $1,411,700,000

Support the creation of new income in the amount of $526,800,000 $463,145,919

Increase disposable income by $421,450,000 $370,523,935

Increase net personal consumption by $390,100,000 $342,956,954

The Chamber’s Job Creation Pipeline

Recruitment prospects 40+ companies

(10 considering Enterprise South)

Potential existing business expansions 25+ companies

Potential jobs in pipeline 5,400+

Potential investment in the pipeline $849 million

Housing Market

Feb. 2008 Feb. 2009 % Change

# Homes Sold 498 344 -31%

Median Price $137,000 $ 125,750 -8%

Source: Chattanooga Association of Realtors

Economic Indicators

• Unemployment Rate (April 2009 preliminary):

Hamilton County 8.3%

Chattanooga MSA 8.7%

Tennessee 9.7%

United States 8.6%

• Job Growth Rate (April 2009 preliminary):

Chattanooga MSA -2.3%

Tennessee -4.6%

United States -3.8%

April 2009 – June 2009

Job Creation Announcements

Company Name Product/Service Project Type Investment New Jobs

*Arch Plastics Packaging Mfr. plastic bottles Expansion $ 10,000,000 60

*Chattem, Inc. Mfr. health, beauty aids Expansion $ 35,500,000 70

Burns and Roe Enterprises, Inc. Engineering firm New n/a 40

*Dixie Industries Specialty forging Expansion $ 5,500,000 120

TOTAL INVESTMENT $ 51,000,000

TOTAL NEW JOBS 290

The projects listed above represent commitments announced in the newspaper or reported to the Chamber.

*Projects assisted by the Chattanooga Area Chamber of Commerce.