Economic activity hikes 5.9 percent -, South Georgia News, Weather, Sports

Economic activity hikes 5.9 percent

By Tayleigh Davis - bio | email

ALBANY, GA (WALB) - It may be hard to tell but it appears the the economy is starting to recover.

Revised numbers show the U-S economy grew more in the last three months of 2009 than originally thought, but job losses continue.

It could be a while before employment really picks up, but jobs are available in south Georgia.

TCBY Owner Sandy Jones prepares hundreds of smoothies and ice cream treats every day. Dozens of people fill out employment applications each week.

"We're hiring and I'll be hiring more and we'll have about four openings coming up," said Jones.

Jones has about 12-14 people scheduled to work during the summer. Business has started to pick up, so she's begun hiring hire for spring.

"We're very fortunate because we have a lot of regular great customers that come in everyday," Jones noted.

Businesses will need to continue to grab new and keep loyal customers. Economics Professor Aaron Johnson says while the economic growth in the last quarter of last year is good news, the Gross Domestic Product for the full year still fell 2.4 percent, even with the costly stimulus package.

Johnson says consumer confidence needs to improve so that companies can use income to increase their inventory.

"That's going to be the key to how strong this recovery will be," Johnson said. "As they start to rebuild inventory and increase equipment purchases. Hopefully that will lead to more job creation in the future."

In the meantime, many people are still looking for work. As customers walk in to cool down with some ice cream Jones hopes business heats up and creates more stability for employees.

Economists expect the U.S. to see economic growth of one to two percent this quarter. 

©2010 WALB News. All rights reserved.   Feedback

Powered by Frankly