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Forsyth County ranks in top 10 for incoming investments

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Forsyth County ranked in SmartAsset’s study that ranked the places with most incoming investments, which can be used to evaluate a county’s growth over the past year.

In order to see the areas that are receiving the most incoming investments in SmartAsset focused on four main values:

  1. Business Establishment Growth – This was determined by looking at the change in the number of businesses established in each location over a three-year period.
  2. GDP growth – SmartAsset used inflation-adjusted real growth in the local economy.
  3. New building permits – The number of new building permits per 1,000 homes was calculated in each city in order to evaluate investment and development in the local real estate market.
  4. Federal Funding – The study found the total number of contracts award to businesses in each county, then divided that by the population. This provided a per capita look at the amount of federal investment on a local level.

These factors were then scored with equal weighting and then combined to create the final rankings. The website then created an investment index where the county with the most incoming investments was assigned a value of 100 and the county with the least investment activity received a zero.

Foryth ranked no. 6 nationally and no. 1 in the state of Georgia. It also ranked no. 3 nationally for new building permits while Dawson County also ranked nationally for new building permits at no. 5.

National County Rankings
Rank County Business Growth GDP Growth ($ millions) New Building Permits (per 1,000 homes) Federal Funding (per capita) Incoming Investment Index
1 Comal, TX 11.9% $1,178 61.4 $1,018 100.0
2 Los Angeles, CA 6.2% $61,910 5.9 $1,291 98.69
3 Wasatch, UT 10.4% $128 60.3 $43 96.33
4 Fort Bend, TX 18.4% $4,285 47.5 $202 93.01
5 McKenzie, ND 38.5% $77 31.9 $8 87.67
6 Forsyth, GA 11.2% $713 50.9 $15 87.18
7 Collin, TX 13.7% $7,617 41.1 $1,164 85.81
8 Fairfax City, VA 4.6% $114 31.2 $131,135 78.58
9 Harris, TX 5.8% $34,975 13.6 $905 78.14
10 Scott, KY 6.4% $52 46.2 $20 77.32
Georgia County Rankings
Rank County Business Growth GDP Growth ($ millions) New Building Permits (per 1,000 homes) Federal Funding (per capita) Incoming Investment Index
1 Forsyth 11.2% $713 50.9 $15 87.18
2 Dawson -1.3% $71 46.7 $13 75.99
3 Jackson 8.3% $146 36.7 $11 59.83
4 Bryan 7.3% $75 34.2 $9 55.61
5 Oconee 10.5% $128 32.5 $502 52.97
6 Cherokee 7.7% $605 29.5 $191 47.99
7 Effingham 3.3% $83 28.5 $44 46.37
8 Fulton 6.2% $4,209 25.7 $1,621 41.77
9 Paulding 8.7% $216 25.3 $6 41.2
10 Columbia 4.0% $259 24.5 $791 39.87

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