Vision 2013

Coweta consumers feeling more confident

by W. Winston Skinner

"I feel better than I did a year ago," local banker Steve Stripling says – speaking in economic terms.

Coweta County residents are feeling more confident – and that is a good sign for strengthening the local economy. "Things are better than they were a year ago and better than they were two years ago," said Stripling, president of United Bank in Newnan.

"Business seems to be very, very good. People feel good," noted Steve Mader, owner and general manager of SouthTowne Motors.

Ashley Schubert, Coweta-Fayette president for Charter Bank, spoke of "the role of confidence in the consumer" that is making the economy grow again. "Consumer confidence plays a huge role," he said.

"For me, that is the most important thing that can drive the economy – consumer confidence," Stripling said. In practical terms, that confidence comes from people feeling they will have work and income, having a sense of financial security in the future and seeing a lot of political issues that could impact the economy come to a resolution.

Consumer confidence "means a lot" in terms of growing the economy, Mader said. People who do not feel optimistic about the economy "are not going to have confidence about spending money," Mader said. "They're not going to tie themselves into new loans."

A Jeep dealership will be opening in the coming months in Coweta County and a Nissan dealership is in the planning stages. There have been rumors of a third dealership, as well. The growth in that sector is "a good indicator of our growth and local consumer confidence," Schubert said.

Lower unemployment rates give people optimism that they will be working in the next year – which makes them more likely to buy a new car or spend money on clothing.

Stripling acknowledged the unemployment number is still "not where you want it" and said people who have been out of work for a long time are not feeling the resurging strength in the local economy.



More Local

Home Safe

Alarm over missing child a simple mixup

County and city authorities were happy to locate a 5-year-old child safe and sound after she was reported missing on Wednesday. All four pub ... Read More


Luminaria fundraiser

Neighborhood rallies for Coweta Samaritan Clinic

More than 100 residents in one Newnan neighborhood are planning to participate in their first annual luminaria fundraiser. On Tuesday at 6:3 ... Read More


UWG Newnan: Finish line in sight

University of West Georgia’s new campus in Newnan will be substantially complete in January, according to Newnan City Manager Cleatus ... Read More


TB patient won’t be coming to Coweta County

The tuberculosis patient who is currently being held in the Troup County Jail for refusing to take his medication is no longer contagious, b ... Read More


Coweta Commission

Cemetery discovery disrupts bypass extension

Crews doing clearing for the Newnan Bypass Extension project discovered a gravestone, and 49 graves were eventually located. The road will b ... Read More

Four arrested in marijuana bust

Four people were arrested Tuesday after authorities with the Coweta County Sheriff’s Office served a search warrant at a home in Newna ... Read More