Ga. factories continue expansion
ATLANTA — Georgia factories are continuing their expansion, according to a new report that also points to further growth in the overall state economy.
The Purchasing Managers Index for the state compiled by the Econometric Center at Kennesaw State University registered 61.3 for August. That represents a healthy 13-point jump from the previous month and a slight increase over the six-month average of 58.2.
Generally, a reading above 50 forecasts growth for the broader economy.
“Since August’s PMI is consistent with its long-term growth path, it suggests July’s reading was an aberration,” said Don Sabbarese, co-director of the center.
The index, based on surveys of supply executives at plants across the state, experienced upward movement in five of its six indicators, such as new orders and production. The only drop was in employment, but even that remains above its six-month average.
Elementary schools win grants from Dollar General
The Dollar General Literacy Foundation Wednesday awarded Shuman Elementary School and Largo-Tibet Elementary grants for $3,000 and $2,590, respectively, to support youth literacy programs.
Youth literacy grants from the Dollar General Literacy Foundation are awarded to help provide teachers, schools and organizations with the funding and resources they need to properly begin the school year.
“Youth literacy grants from the Dollar General Literacy Foundation make a distinct impact on the communities we serve by supporting programs that improve education and enhance literacy,” said Rick Dreiling, Dollar General’s chairman and CEO.
This September, the Dollar General Literacy Foundation awarded approximately $4 million in youth literacy grants to approximately 825 schools, nonprofit organizations, libraries and community groups. A complete list of grant recipients may be found at www.dgliteracy.org. Grant applications for adult, family, summer and youth literacy grants will be available in January 2015.
Golden broom award goes to Satchel
Satchel, a shop at 4 E. Liberty St., will receive the Golden Broom Award for the third quarter of 2014 at 11 a.m. Friday .
The award will be presented by representatives from the Savannah Development & Renewal Authority, the city of Savannah, the Savannah Downtown Business Association, Savannah Area Chamber and the Savannah Morning News.
The selection committee chose Satchel because of their ongoing contribution to beautifying Savannah’s greater downtown community.
Satchel recently removed from its initial location at 311 W. Broughton St.
The Golden Broom Award is an award that is given to recognize a business in Greater Downtown that keeps the area in front of their store clean and litter-free.
To nominate a business or for additional information, contact SDRA at 912-651-6973 or reginap@sdra.net.