Amazon has announced that its fulfillment center investments have significantly impacted Georgia’s economy. According to a news release, these investments have created jobs, increased wages, and supported infrastructure development. The findings are based on research conducted by Oxford Economics and Keystone Strategy.
Oxford Economics, an international economic forecasting and analytics firm, conducted an independent analysis of U.S. regions where Amazon has established large-scale employment. The analysis found notable improvements in economic conditions in counties with major Amazon facilities, including increased business formation, wage gains, and lower unemployment compared to similar regions.
Since 2010, Amazon has invested $23.8 billion in Georgia, contributing approximately $25.5 billion to the state’s gross domestic product (GDP). The company’s facilities support more than 50 locations statewide, expanding employment opportunities and local business activity.
Research indicates that for every dollar Amazon invests, an additional $1.30 in economic activity is generated through employee spending, supplier partnerships, and local commerce. Counties hosting Amazon facilities have experienced household income increases of over $1,400 per year and a decline in poverty rates by an average of 2.7%.
Headquartered in Seattle, Washington, Amazon operates global e-commerce, logistics, and cloud computing businesses. Since 2010, the company has invested more than $1.5 trillion across the United States and has been recognized by the Progressive Policy Institute as the nation’s top “investment hero” for six consecutive years.
