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115-476: Walton Place is a historic 1907 building at 75 Marietta Street in downtown Atlanta, Georgia . It was originally the Georgia Railway and Power Building. The architect was John Robert Dillon . Restoration took place in 1988. 33°45′22″N 84°23′29″W  /  33.7562°N 84.3915°W  / 33.7562; -84.3915 This article about a building or structure in the U.S. state of Georgia

230-616: A Jewish-American factory superintendent, was convicted of the murder of a 13-year-old girl in a highly publicized trial. He was sentenced to death but the governor commuted his sentence to life. An enraged and organized lynch mob took him from jail in 1915 and hanged him in Marietta . The Jewish community in Atlanta and across the country were horrified. On May 21, 1917, the Great Atlanta Fire destroyed 1,938 buildings in what

345-509: A base year. The result would be that the GDP in 2000 equals $ 300 million × 1 ⁄ 2 = $ 150 million , in 1990 monetary terms. We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from the raw GDP data. The GDP adjusted for changes in money value in this way is called the real GDP . The factor used to convert GDP from current to constant values in this way

460-447: A blacksmith shop, a grocery store, and nothing else". A year later, the area around the milepost had developed into a settlement, first known as Terminus , and later Thrasherville , after a local merchant who built homes and a general store in the area. By 1842, the town had six buildings and 30 residents and was renamed Marthasville to honor Governor Wilson Lumpkin's daughter Martha. Later, John Edgar Thomson , Chief Engineer of

575-614: A city of the " New South " that would be based upon a modern economy and less reliant on agriculture. By 1885, the founding of the Georgia School of Technology (now the Georgia Institute of Technology ) and the Atlanta University Center , a consortium of historically Black colleges made up of units for men and women, had established Atlanta as a center for higher education. In 1895, Atlanta hosted

690-518: A country becomes increasingly in debt, and spends large amounts of income servicing this debt this will be reflected in a decreased GNI but not a decreased GDP. Similarly, if a country sells off its resources to entities outside their country this will also be reflected over time in decreased GNI, but not decreased GDP. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. Gross national income (GNI) equals GDP plus income receipts from

805-521: A country's borders, but by an enterprise owned by somebody outside the country, counts as part of its GDP but not its GNI; on the other hand, production by an enterprise located outside the country, but owned by one of its citizens, counts as part of its GNI but not its GDP. For example, the GNI of the US is the value of output produced by American-owned firms, regardless of where the firms are located. Similarly, if

920-406: A country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change . The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate . GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person . This measures the average production of a person in

1035-492: A decreasing portion of the population, from a high of 67% in 1990 to 54% in 2010. From 2000 to 2010, Atlanta gained 22,763 white residents, 5,142 Asian residents, and 3,095 Hispanic residents, while the city's Black population decreased by 31,678. Much of the city's demographic change during the decade was driven by young, college-educated professionals: from 2000 to 2009, the three-mile radius surrounding Downtown Atlanta gained 9,722 residents aged 25 to 34 and holding at least

1150-587: A four-year degree, an increase of 61%. This was similar to the tendency in other cities for young, college educated, single or married couples to live in downtown areas. Between the mid-1990s and 2010, stimulated by funding from the HOPE VI program and under leadership of CEO Renee Lewis Glover (1994–2013), the Atlanta Housing Authority demolished nearly all of its public housing, a total of 17,000 units and about 10% of all housing units in

1265-690: A major role in Atlanta's economy, as the city claims the nation's third-largest concentration of Fortune 500 companies (tied for third with Chicago ). It also hosts the global headquarters of several corporations such as The Coca-Cola Company , The Home Depot , Delta Air Lines , Arby's , AT&T Mobility , Georgia-Pacific , Chick-fil-A , Church's Chicken , Dunkin Donuts , Norfolk Southern Railway , Mercedes-Benz USA , NAPA Auto Parts , Papa Johns , Porsche AG , Newell Brands , Rollins, Inc. , Marble Slab Creamery , and UPS . Over 75% of Fortune 1000 companies conduct business operations in

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1380-532: A measure of welfare (see below under limitations and criticisms ). After the Bretton Woods Conference in 1944, GDP became the main tool for measuring a country's economy. At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by a country's citizens at home and abroad rather than its "resident institutional units" (see OECD definition above). The switch from GNP to GDP in

1495-473: A postwar suburban layout. These include Collier Heights and Cascade Heights , historically home to much of the city's upper middle-class African-American population . Northwest Atlanta contains the areas of the city to west of Marietta Boulevard and to the north of Martin Luther King Jr. Drive, including those neighborhoods remote to downtown, such as Riverside, Bolton and Whittier Mill. The latter

1610-696: A strategic hub for the distribution of military supplies. In 1864, the Union Army moved southward following the capture of Chattanooga and began its invasion of north Georgia . The region surrounding Atlanta was the location of several major army battles, culminating with the Battle of Atlanta and a four-month-long siege of the city by the Union Army under the command of General William Tecumseh Sherman . On September 1, 1864, Confederate General John Bell Hood decided to retreat from Atlanta, and he ordered

1725-531: A survey by the Williams Institute , Atlanta ranked third among major American cities, behind San Francisco and slightly behind Seattle , with 12.8% of the city's total population identifying as LGB. The Midtown and Cheshire Bridge areas have historically been the epicenters of LGBT culture in Atlanta. Atlanta formed a reputation for being a place inclusive to LGBT people after former mayor Ivan Allen Jr. dubbed it "the city too busy to hate" in

1840-470: A telegram to the state's Board of Regents requesting Georgia Tech not to engage in racially integrated events, Georgia Tech's president Blake R. Van Leer rejected the request and threatened to resign. The game went on as planned. In the 1960s, Atlanta became a major organizing center of the civil rights movement , with Martin Luther King Jr. , Ralph Abernathy , and students from Atlanta's historically Black colleges and universities playing major roles in

1955-473: A terminus east of the Chattahoochee River , which would be linked to Savannah. After engineers surveyed various possible locations for the terminus, the "zero milepost" was driven into the ground in what is now Foundry Street, Five Points . When asked in 1837 about the future of the little village, Stephen Harriman Long , the railroad's chief engineer said the place would be good "for one tavern,

2070-443: Is 21 miles (34 km) southeast of Marietta , 27 miles (43 km) southwest of Alpharetta , 146 miles (235 km) southwest of Greenville, South Carolina , 147 miles (237 km) east of Birmingham, Alabama , and 245 miles (394 km) southwest of Charlotte, North Carolina . Despite having lost significant tree canopy coverage between 1973 and 1999, Atlanta now has the densest urban tree coverage of any major city in

2185-467: Is US$ 5,040,107.75 (in a million). Predictably, as a developed country, Japan has a higher GNI (by 182,779.46, in millions of USD), which is indicative that the production level in the country is higher than that of national production. On the other hand, the case with Armenia is the opposite, with GDP being lower than GNI by US$ 196.12 (in million). This demonstrates that countries receive investments and foreign aid from abroad. The Total income divided by

2300-409: Is a stub . You can help Misplaced Pages by expanding it . Atlanta, Georgia Atlanta ( / æ t ˈ l æ n t ə / at- LAN -tə ) is the capital and most populous city in the U.S. state of Georgia . It is the seat of Fulton County , and a portion of the city extends into neighboring DeKalb County . With a population of 510,823 living within the city limits, Atlanta

2415-618: Is a growing population of Mexican ancestry throughout the region, with notable concentrations along the Buford Highway and I-85 corridor, and now extending into Gwinnett County. In 2013, Metro Atlanta had the 19th largest Hispanic population in the United States. The Atlanta area also has a fast growing Asian American population. The largest groups of Asian origin are those of Indian, Vietnamese, Chinese, Korean, Filipino, Pakistani and Japanese descent. Pew Research Center ranks

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2530-502: Is also based just outside of the city in suburban Cobb County . Nominal GDP The ratio of GDP to the total population of the region is the GDP per capita and can approximate a concept of a standard of living . Nominal GDP does not reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP

2645-425: Is also sometimes expressed as: The third way to estimate GDP is to calculate the sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices. Market goods that are produced are purchased by someone. In the case where a good is produced and unsold, the standard accounting convention is that the producer has bought the good from themselves. Therefore, measuring

2760-838: Is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. By definition, GDI is equal to GDP. In practice, however, measurement errors will make the two figures slightly off when reported by national statistical agencies. This method measures GDP by adding incomes that firms pay households for factors of production they hire – wages for labour, interest for capital, rent for land and profits for entrepreneurship. The US "National Income and Product Accounts" divide incomes into five categories: These five income components sum to net domestic income at factor cost. Two adjustments must be made to get GDP: Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by

2875-474: Is called the GDP deflator . Unlike consumer price index , which measures inflation or deflation in the price of household consumer goods, the GDP deflator measures changes in the prices of all domestically produced goods and services in an economy including investment goods and government services, as well as household consumption goods. Real GDP can be used to calculate the GDP growth rate, which indicates how much

2990-473: Is contributed at each stage of production. This approach mirrors the OECD (Organisation for Economic Co-operation and Development) definition given above. Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities

3105-470: Is dominant. The eastside is marked by historic streetcar suburbs , built from the 1890s to the 1930s as havens for the upper middle class. These neighborhoods, many of which contain their own villages encircled by shaded, architecturally distinct residential streets, include the Victorian Inman Park , Bohemian East Atlanta , and eclectic Old Fourth Ward . On the westside and along

3220-404: Is known as "GDP at factor cost". GDP at factor cost plus indirect taxes less subsidies on products = "GDP at producer price". For measuring the output of domestic product, economic activities (i.e. industries) are classified into various sectors. After classifying economic activities, the output of each sector is calculated by any of the following two methods: The value of output of all sectors

3335-561: Is metro Atlanta's largest employer. UPS , the world's largest courier company, operates an air cargo hub at Hartsfield-Jackson, and has their headquarters in neighboring Sandy Springs . Media is also an important aspect of Atlanta's economy. In the 1980s, media mogul Ted Turner founded the Cable News Network (CNN), Turner Network Television (TNT), HLN (HLN), Turner Classic Movies (TCM), The Cartoon Network, Inc. and its namesake television network , TruTV (truTV) and

3450-423: Is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress . It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of

3565-624: Is now the Old Fourth Ward , resulting in one fatality and the displacement of 10,000 people. On December 15, 1939, Atlanta hosted the premiere of Gone with the Wind , the epic film based on the best-selling novel by Atlanta's Margaret Mitchell . The gala event at Loew's Grand Theatre was attended by the film's legendary producer, David O. Selznick , and the film's stars Clark Gable , Vivien Leigh , and Olivia de Havilland , but Oscar winner Hattie McDaniel , an African-American actress,

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3680-427: Is one of Atlanta's designated Landmark Historical Neighborhoods. Vine City, though technically Northwest, adjoins the city's Downtown area and has recently been the target of community outreach programs and economic development initiatives. Gentrification of the city's neighborhoods is one of the more controversial and transformative forces shaping contemporary Atlanta. The gentrification of Atlanta has its origins in

3795-587: Is that GDP defines its scope according to location, while GNI defines its scope according to ownership. In a global context, world GDP and world GNI are, therefore, equivalent terms. GDP is a product produced within a country's borders; GNI is product produced by enterprises owned by a country's citizens. The two would be the same if all of the productive enterprises in a country were owned by its own citizens and those citizens did not own productive enterprises in any other countries. In practice, however, foreign ownership makes GDP and GNI non-identical. Production within

3910-455: Is the eighth most populous city in the Southeast and 37th most populous city in the United States according to the 2020 U.S. census . It is the principal city of the much larger Atlanta metropolitan area , the core of which includes Cobb , Clayton and Gwinnett counties, in addition to Fulton and DeKalb. Metro Atlanta is home to more than 6.3 million people (2023 estimate), making it

4025-453: Is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices". The second way of estimating GDP is to use "the sum of primary incomes distributed by resident producer units". If GDP

4140-676: Is water. The city is situated in the Deep South of the southeastern United States among the foothills of the Appalachian Mountains . At 1,050 feet (320 m) above mean sea level, Atlanta has the highest elevation among major cities east of the Mississippi River . Atlanta straddles the Eastern Continental Divide . Rainwater that falls on the south and east side of the divide flows into

4255-503: The 1996 Summer Olympics . The Games impacted Atlanta's development growth into the 21st century, and significantly sparked investment in the city's universities, parks, and tourism industry. The gentrification of some of its neighborhoods has intensified in the 21st century with the growth of the Atlanta Beltline . This has altered its demographics , politics , aesthetics , and culture . For thousands of years prior to

4370-511: The BeltLine on the eastside , former warehouses and factories have been converted into housing, retail space, and art galleries, transforming the once-industrial areas such as West Midtown into model neighborhoods for smart growth , historic rehabilitation, and infill construction. In southwest Atlanta, neighborhoods closer to downtown originated as streetcar suburbs, including the historic West End , while those farther from downtown retain

4485-530: The Cotton States and International Exposition , which attracted nearly 800,000 attendees and successfully promoted the New South's development to the world. During the first decades of the 20th century, Atlanta enjoyed a period of unprecedented growth. In three decades' time, Atlanta's population tripled as the city limits expanded to include nearby streetcar suburbs. The city's skyline grew taller with

4600-781: The Equitable Building (1892–1971), Terminal Station (1905–1972), and the Carnegie Library (1902–1977). In the mid-1970s, the Fox Theatre , now a cultural icon of the city, would have met the same fate if not for a grassroots effort to save it. More recently, preservationists may have made some inroads. For example, in 2016 activists convinced the Atlanta City Council not to demolish the Atlanta-Fulton Central Library,

4715-601: The Four Seasons Hotel Atlanta (1992). Also completed during the era is the Portman-designed Bank of America Plaza built in 1992. At 1,023 feet (312 m), it is the tallest building in the city and the 14th-tallest in the United States. The city's embrace of modern architecture has often translated into an ambivalent approach toward historic preservation, leading to the destruction of many notable architectural landmarks. These include

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4830-588: The Georgia Railroad , suggested the town be renamed Atlanta , supposedly a feminine version of the word "Atlantic", referring to the Western and Atlantic Railroad. The residents approved, and the town was incorporated as Atlanta on December 29, 1847. By 1860, Atlanta's population had grown to 9,554. During the American Civil War , the nexus of multiple railroads in Atlanta made the city

4945-665: The North to the Atlanta area. It has long been known as a center of African-American political power, education, entrepreneurship, and culture, often called a Black mecca . However, in the 1990s, Atlanta started to experience Black flight . African Americans have moved to the suburbs seeking a lower cost of living or better public schools. The African-American share of Atlanta's population has declined faster than that of any racial group. The city's share of Black residents shrank from 67% in 1990 to 47% in 2020. Blacks made up nine percent of new Atlanta residents between 2010 and 2020. At

5060-781: The Pew Research Center in 2014, but in recent decades the Roman Catholic Church has increased in numbers and influence because of new migrants to the region. Metro Atlanta also has numerous ethnic or national Christian congregations, including Korean and Indian churches. Per the Public Religion Research Institute in 2020, overall, 73% of the population identify with some tradition or denomination of Christianity ; despite continuing religious diversification, historically African-American Protestant churches continue prevalence in

5175-497: The Turner Broadcasting System (TBS) in the city. Around the same time, Cox Enterprises , now the nation's third-largest cable television service and the publisher of over a dozen American newspapers, moved its headquarters to the city. Notable sports networks headquartered in Atlanta include Warner Bros. Discovery Sports , NBA TV , Bally Sports South , and Bally Sports Southeast . The Weather Channel

5290-484: The growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work . Alternative economic indicators such as doughnut economics use other measures, such as the Human Development Index or Better Life Index , as better approaches to measuring the effect of

5405-439: The sixth-largest U.S. metropolitan area . Situated among the foothills of the Appalachian Mountains at an elevation of just over 1,000 feet (300 m) above sea level, Atlanta features unique topography that includes rolling hills, lush greenery, and the densest urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became

5520-480: The "city too busy to hate." Desegregation of the public sphere came in stages, with public transportation desegregated by 1959, the restaurant at Rich's department store by 1961, movie theaters by 1963, and public schools by 1973 (nearly 20 years after the US Supreme Court ruled that segregated public schools were unconstitutional). In 1960, Whites comprised 61.7% of the city's population. During

5635-420: The 11th-largest economy among cities in the U.S. and the 22nd-largest in the world. Its economy is considered diverse, with dominant sectors in industries including transportation, aerospace, logistics, healthcare, news and media operations, film and television production, information technology, finance, and biomedical research and public policy. Atlanta established itself on the world stage when it won and hosted

5750-400: The 1950s–70s, suburbanization and White flight from urban areas led to a significant demographic shift. By 1970, African Americans were the majority of the city's population and exercised their recently enforced voting rights and political influence by electing Atlanta's first Black mayor, Maynard Jackson , in 1973. Under Mayor Jackson's tenure, Atlanta's airport was modernized, strengthening

5865-586: The 1960s (referring to racial relations). Atlanta has consistently scored 100% on the Human Rights Campaign's Municipal Equality Index that measures how inclusive a city's laws, policies and services are for LGBT people who live or work there. Religion in Atlanta, while historically centered on Protestant Christianity , now encompasses many faiths, as a result of the city and metro area's increasingly international population. Some 63% of residents identified as some type of Protestant according to

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5980-498: The 1970s, after many of Atlanta's neighborhoods had declined and suffered the urban decay that affected other major American cities in the mid-20th century. When neighborhood opposition successfully prevented two freeways from being built through the city's east side in 1975, the area became the starting point for Atlanta's gentrification . After Atlanta was awarded the Olympic games in 1990, gentrification expanded into other parts of

6095-587: The Atlanta area among the top 10 U.S. metropolitan areas by Indian population in 2019. Early immigrants in the Atlanta area were mostly Jews and Greeks . Since 2010, the Atlanta area has experienced notable immigration from India, China, South Korea, and Jamaica. Other notable source countries of immigrants are Vietnam, Eritrea, Nigeria, the Arabian gulf, Ukraine and Poland. Within a few decades, and in keeping with national trends, immigrants from England, Ireland, and German-speaking central Europe were no longer

6210-681: The Atlantic Ocean, while rainwater on the north and west side of the divide flows into the Gulf of Mexico . Atlanta developed on a ridge south of the Chattahoochee River , which is part of the ACF River Basin . The river borders the far northwestern edge of the city, and much of its natural habitat has been preserved, in part by the Chattahoochee River National Recreation Area . Atlanta

6325-689: The Beltline has stimulated new and related development along its path. Under the Köppen classification , Atlanta has a humid subtropical climate ( Cfa ) with generous precipitation year-round, typical for the Upland South ; the city is situated in USDA Plant Hardiness Zone 8a, with the northern and western suburbs, as well as part of Midtown transitioning to 7b. Summers are hot and humid, with temperatures somewhat moderated by

6440-670: The Civil War ended in 1865, Atlanta was gradually rebuilt during the Reconstruction era . The work attracted many new residents. Due to the city's superior rail transportation network, the state capital was moved from Milledgeville to Atlanta in 1868. In the 1880 Census, Atlanta had surpassed Savannah as Georgia's largest city. Beginning in the 1880s, Henry W. Grady , the editor of the Atlanta Constitution newspaper, promoted Atlanta to potential investors as

6555-561: The US). Atlanta's dialect has traditionally been a variation of Southern American English . The Chattahoochee River long formed a border between the Coastal Southern and Southern Appalachian dialects. Because of the development of corporate headquarters in the region, attracting migrants from other areas of the country, by 2003, Atlanta magazine concluded that Atlanta had become significantly "de-Southernized". A Southern accent

6670-481: The United Kingdom and Germany. Bosnian refugees settled in Atlanta. Vietnamese people, Cambodians, Ethiopians and Eritreans were the earliest refugees formally brought to the city. Of the total population five years and older, 83.3% spoke only English at home, while 8.8% spoke Spanish, 3.9% another Indo-European language, and 2.8% an Asian language. Among them, 7.3% of Atlantans were born abroad ( 86th in

6785-546: The United States and is often called "City of Trees" or "The City in a Forest". Most of Atlanta was burned in the final months of the American Civil War, depleting the city of a large stock of its historic architecture. Yet architecturally, the city had never been traditionally "southern": Atlanta originated as a railroad town rather than a southern seaport dominated by the planter class, such as Savannah or Charleston . Because of its later development, many of

6900-487: The United States occurred in 1991. The role that measurements of GDP played in World War II was crucial to the subsequent political acceptance of GDP values as indicators of national development and progress. A crucial role was played here by the U.S. Department of Commerce under Milton Gilbert where ideas from Kuznets were embedded into institutions . The history of the concept of GDP should be distinguished from

7015-492: The ability to relocate to the suburbs. As a result, the city began to make up an ever-smaller proportion of the metropolitan area's population. African-American veterans returned from World War II seeking full rights in their country and began heightened activism. In exchange for support by that portion of the Black community that could vote, in 1948 the mayor ordered the hiring of the first eight African-American police officers in

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7130-427: The accounting year. ) So for example if a car manufacturer buys auto parts , assembles the car and sells it, only the final car sold is counted towards the GDP. Meanwhile, if a person buys replacement auto parts to install them on their car, those are counted towards the GDP. According to the U.S. Bureau of Economic Analysis, which is responsible for calculating the national accounts in the United States, "In general,

7245-603: The area from 1802 to 1825. The Creek were forced to leave the area in 1821, under Indian Removal by the federal government, and European American settlers arrived the following year. In 1836, the Georgia General Assembly voted to build the Western and Atlantic Railroad in order to provide a link between the port of Savannah and the Midwest . The initial route was to run southward from Chattanooga to

7360-536: The arrival of European settlers in North Georgia , the indigenous Creek people and their ancestors inhabited the area. Standing Peachtree , a Creek village where Peachtree Creek flows into the Chattahoochee River , was the closest Native American settlement to what is now Atlanta. Through the early 19th century, European Americans systematically encroached on the Creek of northern Georgia, forcing them out of

7475-433: The city approved the $ 2.8 billion BeltLine project. It was intended to convert a disused 22-mile freight railroad loop that surrounds the central city into an art-filled multi-use trail and light rail transit line, which would increase the city's park space by 40%. The project stimulated retail and residential development along the loop, but has been criticized for its adverse effects on some Black communities. In 2013,

7590-468: The city in the following decade. During the 2000s, the city of Atlanta underwent a profound physical, cultural , and demographic change. As some of the African-American middle and upper classes also began to move to the suburbs, a booming economy drew numerous new migrants from other cities in the United States, who contributed to changes in the city's demographics. African Americans made up

7705-402: The city's economy to this day. In 2021, major freight railroad Norfolk Southern moved their headquarters to Atlanta, and the city hosts major classification yards for Norfolk Southern and CSX . Hartsfield–Jackson Atlanta International Airport is the world's busiest airport , and the headquarters of Delta Air Lines . Delta operates the world's largest airline hub at Hartsfield-Jackson and

7820-629: The city's elevation. Winters are overall mild but variable, occasionally susceptible to snowstorms even if in small quantities on several occasions, unlike the central and southern portions of the state. Warm air from the Gulf of Mexico can bring spring-like highs while strong Arctic air masses can push lows into the teens °F (−7 to −12 °C). July averages 80.9 °F (27.2 °C), with high temperatures reaching 90 °F (32 °C) on an average of 47 days per year, though 100 °F (38 °C) readings are not seen most years. January averages 44.8 °F (7.1 °C), with temperatures in

7935-615: The city's landmarks share architectural characteristics with buildings in the Northeast or Midwest, as they were designed at a time of shared national architectural styles. During the late 20th century, Atlanta embraced the global trend of modern architecture , especially for commercial and institutional structures. Examples include the State of Georgia Building built in 1966, and the Georgia-Pacific Tower in 1982. Many of

8050-409: The city's metro area, and the region hosts offices of over 1,250 multinational corporations. Many corporations are drawn to the city by its educated workforce; as of 2014 , 45% of adults aged 25 or older residing in the city have at least four-year college degrees, compared to the national average of 28%. Atlanta was born as a railroad town, and logistics continue to represent an important part of

8165-617: The city's role as a transportation center. The opening of the Georgia World Congress Center in 1976 further confirmed Atlanta's rise as a convention city. Construction of the city's subway system began in 1975, with rail service commencing in 1979. Despite these improvements, Atlanta lost more than 100,000 residents between 1970 and 1990, over 20% of its population. At the same time, it developed new office space after attracting numerous corporations, with an increasing portion of workers from northern areas. Atlanta

8280-443: The city's uptown district, is eight miles (13 km) north of Downtown and the city's third-largest business district. The district is marked by an urbanized core along Peachtree Road , surrounded by suburban single-family neighborhoods situated among woods and rolling hills. Surrounding Atlanta's three high-rise districts are the city's low- and medium-density neighborhoods , where the craftsman bungalow single-family home

8395-495: The city, stimulated by infrastructure improvements undertaken in preparation for the games. New development post-2000 has been aided by the Atlanta Housing Authority 's eradication of the city's public housing. As noted above, it allowed development of these sites for mixed-income housing, requiring developers to reserve a considerable portion for affordable housing units. It has also provided for other former residents to be given vouchers to gain housing in other areas. Construction of

8510-480: The city. After reserving 2,000 units mostly for elderly, the AHA allowed redevelopment of the sites for mixed-use and mixed-income, higher density developments, with 40% of the units to be reserved for affordable housing. Two-fifths of previous public housing residents attained new housing in such units; the remainder received vouchers to be used at other units, including in suburbs. At the same time, in an effort to change

8625-634: The city. Much controversy preceded the 1956 Sugar Bowl , when the Pitt Panthers , with African-American fullback Bobby Grier on the roster, met the Georgia Tech Yellow Jackets . There had been controversy over whether Grier should be allowed to play due to his race, and whether Georgia Tech should even play at all due to Georgia's Governor Marvin Griffin 's opposition to racial integration. After Griffin publicly sent

8740-526: The construction of the Equitable , Flatiron , Empire , and Candler buildings. Sweet Auburn emerged as a center of Black commerce. The period was also marked by strife and tragedy. Increased racial tensions led to the Atlanta Race Riot of 1906, when Whites attacked Blacks, leaving at least 27 people dead and over 70 injured, with extensive damage in Black neighborhoods. In 1913, Leo Frank ,

8855-470: The convergence point among several railroads, spurring its rapid growth. The largest was the Western and Atlantic Railroad , from which the name "Atlanta" is derived, signifying the city's growing reputation as a major hub of transportation. During the American Civil War , it served a strategically important role for the Confederacy until it was captured in 1864. The city was almost entirely burned to

8970-401: The country. GDP per capita is often used as an indicator of living standards. The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently. It is measured frequently in that most countries provide information on GDP every quarter, allowing trends to be seen quickly. It is measured widely in that some measure of GDP

9085-453: The culture of those receiving subsidized housing, the AHA imposed a requirement for such residents to work (or be enrolled in a genuine, limited-time training program). It is virtually the only housing authority to have created this requirement. To prevent problems, the AHA also gave authority to management of the mixed-income or voucher units to evict tenants who did not comply with the work requirement or who caused behavior problems. In 2005,

9200-462: The destruction of all public buildings and possible assets that could be of use to the Union Army. On the next day, Mayor James Calhoun surrendered Atlanta to the Union Army, and on September 7, Sherman ordered the city's civilian population to evacuate. On November 11, 1864, Sherman prepared for the Union Army's March to the Sea by ordering the destruction of Atlanta's remaining military assets. After

9315-549: The economy on human development and well being . William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695. The modern concept of GDP was first developed by Simon Kuznets for a 1934 U.S. Congress report, where he warned against its use as

9430-565: The ground during General William T. Sherman 's March to the Sea . However, the city rebounded dramatically in the post-war period and quickly became a national industrial center and the unofficial capital of the " New South ". After World War II , it also became a manufacturing and technology hub. During the 1950s and 1960s, it became a major organizing center of the American civil rights movement , with Martin Luther King Jr. , Ralph Abernathy , and many other locals becoming prominent figures in

9545-492: The history of changes in many ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the public sector , by financial industries, and by intangible asset creation is more complex. These activities are increasingly important in developed economies, and the international conventions governing their estimation and their inclusion or exclusion in GDP regularly change in an attempt to keep up with industrial advances. In

9660-553: The income approach. A common one is: The sum of COE , GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those used in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices. Total factor income

9775-443: The information required (especially information on expenditure and production by governments). The raw GDP figure as given by the equations above is called the nominal, historical, or current GDP. When one compares GDP figures from one year to another, it is desirable to compensate for changes in the value of money—for the effects of inflation or deflation. To make it more meaningful for year-to-year comparisons, it may be multiplied by

9890-430: The last building designed by noted architect Marcel Breuer . Atlanta is divided into 242 officially defined neighborhoods . The city contains three major high-rise districts, which form a north–south axis along Peachtree : Downtown , Midtown , and Buckhead . Surrounding these high-density districts are leafy, low-density neighborhoods, most of which are dominated by single-family homes. Downtown Atlanta contains

10005-604: The longest paved trail surface in the U.S. totaling about 300 miles (480 km). Atlanta's cultural offerings expanded during the 2000s: the High Museum of Art doubled in size; the Alliance Theatre won a Tony Award ; and art galleries were established on the once-industrial Westside . The College Football Hall of Fame relocated to Atlanta and the National Center for Civil and Human Rights museum

10120-490: The majority of Atlanta's foreign-born population. The city's Italians included immigrants from northern Italy, many of whom had been in Atlanta since the 1890s; more recent arrivals from southern Italy; and Sephardic Jews from the Isle of Rhodes, which Italy had seized from Turkey in 1912. Europeans from Great Britain , Ireland and Germany settled in the city as early as the 1840s. Most of Atlanta's European population are from

10235-789: The most notable examples from this period were designed by world renowned Atlanta architect John Portman . Most of the buildings that define the downtown skyline were designed by Portman during this period, including the Westin Peachtree Plaza and the Atlanta Marriott Marquis . In the latter half of the 1980s, Atlanta became one of the early homes of postmodern buildings that reintroduced classical elements to their designs. Many of Atlanta's tallest skyscrapers were built in this period and style, displaying tapering spires or otherwise ornamented crowns, such as One Atlantic Center (1987), 191 Peachtree Tower (1991), and

10350-425: The most office space in the metro area, much of it occupied by government entities. Downtown is home to the city's sporting venues and many of its tourist attractions. Midtown Atlanta is the city's second-largest business district, containing the offices of many of the region's law firms. Midtown is known for its art institutions, cultural attractions, institutions of higher education, and dense form. Buckhead ,

10465-454: The most severe occurring on January 7, 1973. Tornadoes are rare in the city itself, but the March 14, 2008, EF2 tornado damaged prominent structures in downtown Atlanta. The 2020 United States census reported that Atlanta had a population of 498,715. The population density was 3,685.45 persons per square mile (1,422.95/ km ). The racial and ethnic makeup of Atlanta (including Hispanics)

10580-421: The movement's leadership. In the modern era, Atlanta has remained a major center of transportation, with Hartsfield-Jackson International Airport becoming the world's busiest airport by passenger traffic in 1998 (a position it has held every year since, except for 2020), with an estimated 93.7 million passengers in 2022. With a nominal gross domestic product (GDP) of $ 473 billion in 2021, Atlanta has

10695-479: The movement's leadership. While Atlanta in the postwar years had relatively minimal racial strife compared to other cities, Blacks were limited by discrimination, segregation, and continued disenfranchisement of most voters. In 1961, the city attempted to thwart blockbusting by realtors by erecting road barriers in Cascade Heights , countering the efforts of civic and business leaders to foster Atlanta as

10810-543: The population is the Per capita income . The international standard for measuring GDP is contained in the book System of National Accounts (2008), which was prepared by representatives of the International Monetary Fund , European Union , Organisation for Economic Co-operation and Development , United Nations and World Bank . The publication is normally referred to as SNA2008 to distinguish it from

10925-593: The population was living below the poverty line in 2022. Circa 2024, of the Atlanta residents, 391,711 of them lived in Fulton County and 28,292 of them lived in DeKalb County. In the 1920s, the Black population began to grow in Southern metropolitan cities like Atlanta, Birmingham , Houston , and Memphis . The New Great Migration brought an insurgence of African Americans from California and

11040-430: The previous edition published in 1993 (SNA93) or 1968 (called SNA68) SNA2008 provides a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions. Within each country GDP is normally measured by a national government statistical agency, as private sector organizations normally do not have access to

11155-512: The products must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers", colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Also known as the Value Added Approach, it calculates how much value

11270-604: The project received a federal grant of $ 18 million to develop the southwest corridor. In September 2019 the James M. Cox Foundation gave $ 6 Million to the PATH Foundation which will connect the Silver Comet Trail to The Atlanta BeltLine which is expected to be completed by 2022. Upon completion, the total combined interconnected trail distance around Atlanta for The Atlanta BeltLine and Silver Comet Trail will be

11385-414: The proportion of whites in the city had strong growth. In two decades, Atlanta's White population grew from 33% to 39% of the city's population. Whites made up the majority of new Atlanta residents between 2010 and 2020. The Hispanic and Latino populations of metro Atlanta have grown significantly in recent years. The largest Hispanic ancestries in Atlanta are Mexican , Puerto Rican and Cuban . There

11500-445: The ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $ 100 million and its GDP in 2000 was $ 300 million . Suppose also that inflation had halved the value of its currency over that period. To meaningfully compare its GDP in 2000 to its GDP in 1990, we could multiply the GDP in 2000 by one-half, to make it relative to 1990 as

11615-587: The rest of the world minus income payments to the rest of the world. In 1991, the United States switched from using GNP to using GDP as its primary measure of production. The relationship between United States GDP and GNP is shown in table 1.7.5 of the National Income and Product Accounts . Another example that amplifies the difference between GDP and GNI is the comparison of developed and developing country indicators. The GDP of Japan for 2020

11730-408: The same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy. The most direct of the three is the production approach, which sums up the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of

11845-401: The same time, Atlanta is home to a sizable foreign-born Black population, notably from Eritrea , Ethiopia , Ghana , Somalia , Liberia , and Nigeria . With many notable investments occurring in Atlanta initiated by the 1996 Summer Olympics , the non-Hispanic white population of Atlanta began to rebound after several decades of white flight to Atlanta's suburbs. Between 2000 and 2020,

11960-401: The source data for the expenditures components are considered more reliable than those for the income components [see income method, above]." Encyclopedia Britannica records an alternate way of measuring exports minus imports: notating it as the single variable NX. GDP can be contrasted with gross national product (GNP) or, as it is now known, gross national income (GNI). The difference

12075-413: The suburbs slightly cooler due largely to the urban heat island effect. Lows at or below freezing can be expected 36 nights annually, but the last occurrences of temperatures below 10 °F (−12 °C) were December 24, 2022 , and January 2014 , eight years apart. Extremes range from −9 °F (−23 °C) on February 13, 1899 to 106 °F (41 °C) on June 30, 2012 . Average dewpoints in

12190-712: The summer range from 63.7 °F (17.6 °C) in June to 67.8 °F (19.9 °C) in July. Typical of the southeastern U.S., Atlanta receives abundant rainfall that is evenly distributed throughout the year, though late spring and early fall are somewhat drier. The average annual precipitation is 50.43 in (1,281 mm), while snowfall is typically light and rare with a normal of 2.2 inches (5.6 cm) per winter. The heaviest single snowfall occurred on January 23, 1940, with around 10 inches (25 cm) of snow. However, ice storms usually cause more problems than snowfall does,

12305-536: The total expenditure used to buy things is a way of measuring production. This is known as the expenditure method of calculating GDP. GDP (Y) is the sum of consumption (C) , investment (I) , government expenditures (G) and net exports (X − M) . Here is a description of each GDP component: C , I , and G are expenditures on final goods and services; expenditures on intermediate goods and services do not count. (Intermediate goods and services are those used by businesses to produce other goods and services within

12420-460: The whole metropolitan area alongside historic Black Catholic churches. The larger non-Christian faiths according to both studies are Judaism , Islam , and Hinduism . Overall, there are over 1,000 places of worship within Atlanta. With a GDP of $ 385 billion, the Atlanta metropolitan area 's economy is the 8th-largest in the country and the 15th-largest in the world . Corporate operations play

12535-473: The words of one academic economist, "The actual number for GDP is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual framework." China officially adopted GDP in 1993 as its indicator of economic performance. Previously, China had relied on a Marxist-inspired national accounting system. GDP can be determined in three ways, all of which should, theoretically, give

12650-410: Was 51.0% Black or African American, 40.9% non-Hispanic white, 4.2% Asian and 0.3% Native American, and 1.0% from other races. 2.4% of the population reported two or more races . Hispanics and Latinos of any race made up 6.0% of the city's population. The median income for a household in the city was $ 77,655 in 2022. The per capita income for the city was $ 60,778 in 2022. Approximately 17.7% percent of

12765-533: Was barred from the event due to racial segregation laws. Atlanta played a vital role in the Allied effort during World War II due to the city's war-related manufacturing companies, railroad network and military bases. The defense industries attracted thousands of new residents and generated revenues, resulting in rapid population and economic growth. In the 1950s, the city's newly constructed highway system, supported by federal subsidies, allowed middle class Atlantans

12880-452: Was considered a handicap in some circumstances. In general, Southern accents are less prevalent among residents of the city and inner suburbs and among younger people; they are more common in the outer suburbs and among older people. At the same time, some residents of the city speak in Southern variations of African-American English . Atlanta has a thriving and diverse lesbian, gay, bisexual, and transgender (LGBT) community. According to

12995-538: Was constructed. The city of Atlanta was the subject of a massive cyberattack which began in March 2018. In December 2019, Atlanta hosted the Miss Universe 2019 pageant competition. On June 16, 2022, Atlanta was selected as a host city for the 2026 FIFA World Cup . Atlanta encompasses 134.0 square miles (347.1 km ), of which 133.2 square miles (344.9 km ) is land and 0.85 square miles (2.2 km )

13110-458: Was selected as the site for the 1996 Summer Olympic Games . Following the announcement , the city government undertook several major construction projects to improve Atlanta's parks, sporting venues, and transportation infrastructure; however, for the first time, none of the $ 1.7 billion cost of the games was governmentally funded. While the games experienced transportation and accommodation problems and, despite extra security precautions, there

13225-503: Was the Centennial Olympic Park bombing , the spectacle was a watershed event in Atlanta's history. For the first time in Olympic history, every one of the record 197 national Olympic committees invited to compete sent athletes, sending more than 10,000 contestants participating in a record 271 events. The related projects such as Atlanta's Olympic Legacy Program and civic effort initiated a fundamental transformation of

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