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Jeff Davis County – Industry Affiliation

Picture of valves The array of different industries in a county significantly impacts its economy in various ways, contributing to economic stability, growth, and resilience. Here are some key effects:

  1. Economic Stability and Resilience
    • Diversification Reduces Risk: A county with a diverse range of industries is less vulnerable to economic shocks. If one industry faces a downturn, others can help stabilize the economy.
    • Resilience to Market Fluctuations: Different industries often respond differently to market conditions. For example, while manufacturing might decline during a recession, healthcare or education might remain stable.

  2. Job Creation and Employment
    • Variety of Employment Opportunounties: A mix of industries provides a wide range of job opportunounties, catering to different skill sets and education levels.
    • Reduced Unemployment: Diversification helps maintain lower unemployment rates, as job losses in one sector can be offset by gains in another.

  3. Innovation and Competitiveness
    • Cross-Industry Collaboration: Different industries can foster innovation through collaboration. For example, technology companies working with healthcare providers can lead to advancements in medical technology.
    • Attracting Talent: A diverse industrial base attracts a skilled workforce, enhancing the county's competitiveness and ability to innovate.

  4. Economic Growth and Development
    • Increased GDP: A variety of industries contribute to the county's Gross Domestic Product (GDP), driving overall economic growth.
    • Infrastructure Development: The presence of multiple industries often leads to better infrastructure, such as transportation, utilounties, and communication networks, which further supports economic activounties.

  5. Tax Revenue and Public Services
    • Higher Tax Revenue: A diverse industrial base generates more tax revenue from different sources, including corporate taxes, income taxes, and sales taxes.
    • Funding for Public Services: Increased tax revenue allows the county to invest in public services like education, healthcare, and public safety, improving the quality of life for residents.

  6. Attracting Investment
    • Investor Confidence: A diversified economy is more attractive to investors, as it reduces the risk associated with economic downturns in any single industry.
    • Foreign Direct Investment (FDI): Counties with a variety of industries are more likely to attract FDI, which can further boost economic growth.

  7. Quality of Life
    • Variety of Goods and Services: A diverse economy ensures a wide range of goods and services are available to residents, improving their quality of life.
    • Cultural and Social Benefits: Different industries often bring cultural and social diversity, enriching the county's cultural landscape and community life.

  8. Environmental Impact
    • Sustainable Practices: A mix of industries can promote sustainable practices, as different sectors may adopt varying approaches to environmental responsibility.
    • Balanced Resource Use: Diversification can lead to more balanced use of natural resources, reducing the environmental footprint of the county.

  9. Global Connectivity
    • Trade and Export Opportunounties: A diverse industrial base enhances a county's ability to engage in international trade, exporting a variety of goods and services.
    • Global Networks: Different industries often have global networks, increasing the county's connectivity and integration into the global economy.

In summary, the presence of a diverse array of industries in a county fosters economic stability, growth, and resilience, while also enhancing the quality of life for its residents and attracting investment and talent. This diversification is crucial for sustainable long-term economic development.

A diversification score measures the diversity of the industries in the county. As the value appoaches 100, industry diversity decreases and therefore increasing the risk of economic failure for the county should those limited industries befall a calamity. The industry diversification score for this county is:

12.87

Most common industry excluding Educational Services is:

Manufacturing

 
DescriptionEm­ployed
16 and
Over
Agri­culture/
Mining/
Con­struction
Manufac­turing Whole­sale/
Retail
Transpor­tation Infor­mation Finance/
Insu­rance/
Real Estate
Profes­sional
Services
Manage­ment
Services
Adminis­trative/
Waste Services
Educa­tional
Services
Enter­tainment
Services
Other
Profes­sional
Services
Public
Adminis­tration

Jeff Davis County5,9618018798514006617723101261,272645310203
Georgia (in 000's)5,59843658477240212435445882701,170490259270
National (in 000's)169,61014,45616,89722,6579,8133,20511,37013,3552367,03039,44715,0548,0088,082
Coffee County18,2482,2043,1812,3481,849546382781077143,8081,586758723
Toombs County11,1201,9651,1241,4441,13312045210204382,741606464531
Appling County7,8211,2771,0641,377745138212110132291,499332253572
Bacon County4,571690590675467731016632251,086201122272
Telfair County3,906461535785924313328091902342256238
Montgomery County3,692605296388446321531040111975181260141
Wheeler County2,7645521541723537146064040413289241
 
Per Cent to Total Employed 16 and OverDiversity
Index
 

Jeff Davis County12.8713.4414.7514.286.711.112.973.880.002.1121.3410.825.203.41
Georgia11.047.7910.4313.807.192.226.338.180.154.8220.898.754.634.83
National11.768.529.9613.365.791.896.707.870.144.1423.268.884.724.77
Coffee County12.9212.0817.4312.8710.130.303.501.520.593.9120.878.694.153.96
Toombs County13.9817.6710.1112.9910.191.084.060.920.003.9424.655.454.174.78
Appling County13.2316.3313.6017.619.531.762.711.410.172.9319.174.243.237.31
Bacon County13.7715.1012.9114.7710.221.602.211.440.074.9223.764.402.675.95
Telfair County14.4511.8013.7020.102.361.103.410.720.002.3323.098.766.556.09
Montgomery County14.1016.398.0210.5112.080.874.142.820.003.0126.414.907.043.82
Wheeler County14.9119.975.576.2212.770.250.510.220.0023.1514.624.783.228.72
 
Comparisons to State Norms % to Total >= 150% % to Total < 50% 

Jeff Davis County 172.48141.41103.4893.3549.8146.9447.390.0043.84102.14123.72112.2370.53
Georgia 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
National 109.4095.5396.8380.4885.01105.9896.2991.8985.97111.33101.48101.8998.69
Coffee County 155.03167.1793.27140.9513.3155.2718.63386.9681.1699.8999.3889.6482.06
Toombs County 226.8296.9394.13141.7448.5564.2611.220.0081.70117.9962.3190.0598.90
Appling County 209.58130.46127.62132.5179.3842.8517.20109.6960.7391.7448.5469.81151.48
Bacon County 193.76123.78107.04142.1271.8434.9317.6643.31102.10113.7350.2857.60123.24
Telfair County 151.49131.35145.6732.7749.5253.838.770.0048.32110.54100.11141.44126.20
Montgomery County 210.3376.8876.18168.0538.9965.5234.450.0062.36126.4156.06151.9879.10
Wheeler County 256.3453.4345.11177.6611.398.012.650.00480.2869.9754.6169.49180.59
 
Comparisons to National Norms % to Total >= 150% % to Total < 50% 

Jeff Davis County 157.66148.02106.87115.9858.5944.2949.210.0051.0091.75121.91110.1571.47
Georgia 91.41104.67103.28124.25117.6394.35103.85108.83116.3289.8298.5498.14101.33
National 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
Coffee County 141.71174.9896.33175.1415.6652.1519.35421.1394.4089.7397.9287.9883.15
Toombs County 207.34101.4697.21176.1157.1060.6311.650.0095.03105.9861.4088.38100.21
Appling County 191.58136.56131.80164.6593.3740.4317.86119.3870.6482.4147.8368.52153.49
Bacon County 177.11129.56110.55176.5984.5132.9618.3447.14118.76102.1549.5456.53124.88
Telfair County 138.48137.49150.4540.7158.2550.799.100.0056.2199.2998.65138.82127.87
Montgomery County 192.2780.4878.67208.8045.8661.8235.770.0072.54113.5555.24149.1680.15
Wheeler County 234.3255.9346.59220.7513.407.562.760.00558.6662.8553.8168.20182.98


Sources: STI: PopStats