Savannah's economic outlook for 2016

Savannah's economic outlook for 2016

SAVANNAH, GA (WTOC) - The economic future for Savannah is looking bright.

Wednesday, almost 700 people headed out to the Convention Center to talk about the goals and projects for 2016.

According to the Chamber of Commerce, over 5,000 jobs will be added and tourism will continue to drive the economy with the addition of new hotels and infrastructure. The president of the Savannah Area Chamber of Commerce says it's important for business owners and company leaders to know the outlook at the beginning of the year.

"I think one of the important things for business and why people come to this city, it's certainly governmental people, but it's really a business issue to have predictability. You have to be able to figure out and forecast what's going to happen in the future to have predictability and figure out how to invest and how to hire people," said Savannah Area Chamber of Commerce CEO Bill Hubbard.

As far as port business goes, Georgia ranks as the nation's seventh largest importing state and eleventh largest exporting state.

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