The economy for the next few years is predicted to have positive growth, according to economic forecaster Rajeev Dhawan, guest speaker at the Tuesday LaGrange-Troup County Chamber of Commerce’s monthly breakfast.
Director of the Economic Forecasting Center at the J. Mack Robinson College of Business at Georgia State University and a member of the Georgia Governor’s Council of Economic Advisors, Dhawan develops U.S., Southeast regional and local metro economy forecasts, which are published and presented to leaders and media at quarterly forecast conferences.
Dhawan presented the group with his formulas and methods of determining the status of the economy and noted that the textile industry is doing increasingly well in LaGrange.
“When I arrived in Georgia 14 years ago, LaGrange wasn’t doing well because it wasn’t connected much to the global economy,” he said. “You are more connected now than anyone in the tiniest neighborhoods in Atlanta.”
Dhawan is a regular contributor to the Blue Chip Economic Indicators, USA Today forecasters survey and the Consensus Economics forecast panel in the U.K. He has appeared on CNN, The Bloomberg Report and in the Wall Street Journal.
Other guests at the breakfast included Troup County Outstanding Teen Lizzy Stanford, and Miss Troup County Sydney Shadrix, who will be competing for the Miss Georgia title.
Chamber Chairman Robby Burch informed the guests that five businesses joined the chamber since last month’s breakfast, bringing the total membership to 910.
In other updates, Lee Martin from 2WR, an architecture and interior firm, said the demolition of Ethel Kight Magnet School is about five days away from being complete to begin construction of the new Ethel Kight Elementary School at the same site.
“This new school will truly be a 21st century school,” said Martin. “Every classroom will have wireless access to the network, interactive projector systems, computer labs on both floors and a media center.”
The new school will also be one of the first schools in the region to have a comprehensive lock-down facility, he said, and with the push of a button from the reception desk, the corridors to the school will be locked. Each classroom will be equipped with a lock system that will allow teachers to lock classroom doors from inside of the room and will have an indicator to ensure that the door is secure.
The next chamber breakfast is scheduled for Aug. 12 at 7 a.m. at the Del’ Avant Event Center.