Chattanooga’s international business expected to boom over decad - WRCBtv.com | Chattanooga News, Weather & Sports

Working Together For You

Chattanooga’s international business expected to boom over decade

Posted: Updated:

CHATTANOOGA, TN (Times Free Press) -- Move over, China. The world can expect to see more "Made in Chattanooga" in the coming years.

The Scenic City's export value doubled between 2005 and 2010 and is expected to jump another 70.5 percent in the next decade, reaching as high as $1.7 billion.

That growth rate, the second highest among the nation's 150 metro areas studied, is based on the economic growth of Chattanooga's trade partners and rising demand for Chattanooga products, according to a report released by The U.S. Conference of Mayors.

"What's important for any region to do is sell goods outside the metro area," said Jim Diffley, a regional economist for IHS Global Insight who authored the report. "A city needs to have somebody willing to pay its workers and its businesses."

Read more about this story from our news partners at the Chattanooga Times Free Press.

Powered by Frankly