Atlanta’s Economic Report

Atlanta’s economic news, trends and conditions

Sales Soar at Chick-fil-A

Winner Winner Chicken Dinner

The privately held Atlanta corporation recorded a 12.17% increase in sales from 2007, making their total sales for the 2008 year $2.96 billion dollars. Dan T. Cathy, President and Chief Operating Officer, said that the company is by no means immune to the economic downturn, but that he believes that if they stay true to the principles that have guided the company for the past 6 decades: “providing exceptional customer service and unmatched product quality to every customer on every visit.”, they will continue to grow strong even in the toughest of times.

From SEC to M.B.A

This is wonderful news. This company does so much for the Metro Atlanta area, not only providing great food along with great service, but sponsoring everything from the SEC and the Chick-fil-A Bowl to local high school bands and programs. They are also really big on helping young people with education, which is arguably, the fundamental stone to economic development and stability in a community.

Will Work For Chicken

Another reason this is good to hear, is that because maybe the fact that Chick-fil-A plans on opening 76 new locations in 2009 and remodeling 65 others will help the struggling Georgia economy and unemployment. At the time of this post Georgia was tied for 10th place with Florida for the worst unemployment percentage at 8.1%. The unenvied number one spot is held by Michigan at 10.6% while the least amount of unemployed people reside in Wyoming, giving it an unemployment rate of 3.4%.

I have been a big Chick-fil-A supported for as long as I can remember, and this just goes to show that people value when a company does business the right way.

February 1, 2009 Posted by | Atlanta Corporations | , | 1 Comment

   

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