2007 Economic Forum
Download
1 / 85

2007 Economic Forum - PowerPoint PPT Presentation


  • 102 Views
  • Uploaded on

2007 Economic Forum. I nformation provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration. Building on Past Success, Building for the Future:. Calhoun County Update State of Alabama Update. Overview. Member Survey

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' 2007 Economic Forum' - cooper-sears


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

2007 Economic Forum

Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration


Building on past success building for the future
Building on Past Success, Building for the Future:

  • Calhoun County Update

  • State of Alabama Update

Overview


Calhoun county 2007 update

Member Survey

Population

Employment

Cost of Living

Housing

Business Licenses

Retail Sales

Infrastructure

Calhoun County 2007 Update

2




Q#2: Your Employment Outlook for

Coming Year

Year 2007


Q#2: Your Employment Outlook for Coming Year 2003-2007


Q#3: How Likely is Increase in Demand

Your Products/Services in

Coming Year

Year 2007


Q#3: How Likely is Increase in Demand Your Products/Services in Coming Year 2003-2007


Q#4: How Likely to Add New Products Products/Services in

in Coming Year

Year 2007



Q#5: How Likely to Expand # Outlets in 2003-2007

Coming Year

Year 2007


Q#5: How Likely to Expand # Outlets in 2003-2007Coming Year 2003-2007




Population trends calhoun county 1998 2005
Population Trends Year Calhoun County 1998-2005

Source: U.S. Census Bureau


Labor force calhoun county 1998 2006
Labor Force Calhoun County 1998-2006 Year

*Jan-Nov 2006

Source: U.S. Bureau of Labor Statistics


Employment for Calhoun County 1998-2006 Year

Source: U.S. Bureau of Labor Statistics


Unemployment rate for calhoun county 1998 2006
Unemployment Rate for Calhoun County 1998-2006 Year

Source: U.S. Bureau of Labor Statistics


Unemployment for calhoun county vs alabama 2006
Unemployment for Calhoun County vs Alabama 2006 Year

Source: U.S. Bureau of Labor Statistics


3.3% Year

Alabama Unemployment Rates December 2005Preliminary State Rate (Seasonally Adjusted)State Ave – 3.6%

Unemployment Rate

3.1% and Below

3.2% - 3.8%

3.9% and Above

Source: AL Dept of Industrial Relations


3.3% Year

Alabama Unemployment Rates December 2006Preliminary State Rate (Seasonally Adjusted)State Ave – 3.6%

Unemployment Rate

3.3% and Below

3.4% - 4.4%

4.5% and Above

Source: AL Dept of Industrial Relations


Calhoun County Total Employment by Sector Year Nov 2006

Source: U. S. Bureau of Economic Analysis


Calhoun County vs State of Alabama Total Employment by SectorNov 2006

Calhoun

State

Source: U. S. Bureau of Economic Analysis


Calhoun County Manufacturing Employment vs All Alabama MSAs Nov 2006

14.6% Avg - - -

Source: U. S. Bureau of Economic Analysis


Calhoun county cost of living 2000 2006
Calhoun County Cost of Living Nov 20062000-2006

Source: Accra Survey



Calhoun Housing Statistics Nov 2006Nov 2005 – Nov 2006

Source: Alabama Real Estate Research & Education Center


Calhoun county housing affordability index 3 rd q 2006
Calhoun County Housing Affordability Index 3 Nov 2006rd Q 2006

Source: Alabama Real Estate Research & Education Center


Calhoun county municipal business licenses 2005 2006
Calhoun County Municipal: Business Licenses 2005-2006 Nov 2006

Source: Selected Municipalities


Retail sales state level data
Retail Sales – State Level Data Nov 2006

  • Alabama Department of Revenue

    • November 05-November 06

      • (Up 5.20%)

    • FYTD 05-06 to 06-07

      • (Up 5.67%)

  • County Level ?

Source: Alabama Department of Revenue


See Appendix Nov 2006


Anniston chemical agent disposal facility
Anniston Chemical Agent Disposal Facility Nov 2006

Since 1st burn on August 9, 2003, have destroyed

  • 42,738 GB-filled rockets/warheads (0 remain)

  • 16,026 GB-filled 8-inch Projectiles (0 remain)

  • 9,060 GB-filled 155 Projectiles (0 remain)

  • 68% storage risk eliminated (M55 Rockets)

  • 24% stockpile destroyed

  • Operations to be completed Sum 2010

Source: Anniston Chemical Agent Disposal Facility


Calhoun County vs Select Metropolitan Statistical Areas (MSAs)

MSA Symbol

Calhoun County AL CAL

Decatur IL DIL

Flagstaff AZ FAZ

Jackson TN JTN

Jonesboro AR JAR

Morgantown WV MWV

Owensboro KY OKY

Salisbury MD SMD

St. George UT SUT

Victoria TX VTX



Calhoun County vs Select MSAs (MSAs)% Unemployment Rate 2006

3.8% Average - - - -

Source: Bureau of Labor Statistics


Calhoun County vs Select MSAs (MSAs)% High School Grad or Higher 2000

81% Avg

Source: www.fedstats.gov


Calhoun County vs Select MSAs (MSAs)% of Work Force Age 18 – 65 2005

63% Avg - - -

Source: www.fedstats.gov


Calhoun County vs Select MSAs (MSAs)%Change in Population 2000 - 2005

32%

5.4% Avg - - -

Source: U.S. Census Bureau


Calhoun County vs Select MSAs (MSAs)Mean Annual Wages in Thousands 2005

$31 Avg - - -

Source: Bureau of Labor Statistics


Calhoun County vs Select MSAs (MSAs)Average Wage per Hour in $ 2005

$14.91 Avg - - -

Source: Bureau of Labor Statistics


New and expanding industries calhoun county 2006
New and Expanding Industries Calhoun County 2006 (MSAs)

Source: Alabama Development Office


Calhoun county summing it up

Membership Survey-Guarded (MSAs)

Population- Up

Employment- Up

Unemployment- Down

Cost of Living-Down

Housing Sales- Down

Business Licenses- Up

Retail Sales-Up

Infrastructure- Improving

“Building for the Future”

Calhoun County: Summing it Up


State of alabama update

BLCI Survey (MSAs)

Demographics

Economic Indicators

Education

Achievemens 2003

Other Issues

State of Alabama Update

59


Alabama business leaders confidence index
Alabama Business Leaders Confidence Index (MSAs)

  • State Survey – 4th Quarter 2006

  • Approximately 300 respondents

  • www.blcindex.com


Alabama Economic Outlook (MSAs)Q4 2005 compared to Q3 2005

Last Year

Source: Alabama Business Leaders Confidence Index


Alabama Economic Outlook (MSAs)Q4 2006 compared to Q3 2006

This Year

Source: Alabama Business Leaders Confidence Index


Alabama Economic Outlook (MSAs)Q4 2005 – Q4 2006

Source: Alabama Business Leaders Confidence Index


Alabama Population (MSAs)2000-2006 in Millions

Source: U.S. Census Bureau


U s migration patterns january december 2005
U.S. Migration Patterns (MSAs)January- December 2005

High Inbound

High Outbound

Balanced

Source: United Van Lines


U.S. Migration Patterns (MSAs)January- December 2006

High Inbound

High Outbound

Balanced

Source: United Van Lines


Alabama Housing Statistics (MSAs)Nov2005 – Nov 2006

Source: Alabama Real Estate Research & Education Center


Alabama Per Capita Income vs U.S. 2001-2006 in $1,000 (MSAs)

Source: U.S. Bureau of Economic Analysis


Alabama Per Capita Income vs U.S. 1964-2006 in $1,000 (MSAs)

Source: U.S. Bureau of Economic Analysis


Alabama Per Capita Income Percentage vs U.S. 1964-2006 (MSAs)

Source: U.S. Bureau of Economic Analysis


Alabama Civilian Labor Force (MSAs)2001-2006 in Millions

Source: Alabama Dept of Industrial Relations


Alabama Employment (MSAs)2001-2006 in Millions

Source: Alabama Dept of Industrial Relations


Alabama Unemployment vs U.S. (MSAs)2002-2006

Source: U.S. Department of Labor


Alabama gross state product change vs u s 2000 2005
Alabama Gross State Product % Change vs U.S. (MSAs)2000-2005

Source: U.S. Bureau of Economic Analysis


Alabama Gross State Product (MSAs)1978-2005 in $Billions

Source: U. S. Bureau of Economic Analysis


Alabama Gross State Product (MSAs)% Change1980-2005

Source: U. S. Bureau of Economic Analysis


Alabama total employment by sector 1980 1 652 621 jobs
Alabama Total Employment by Sector (MSAs)1980 (1,652,621 Jobs)

Source: U. S. Bureau of Economic Analysis


Alabama Total Employment by Sector (MSAs)Nov 2006

Source: U. S. Bureau of Economic Analysis


Alabama Total Employment (MSAs)by Sector1980-2006 (+774,731 Jobs, Up 45%)

1980

2006

Source: U. S. Bureau of Economic Analysis


Manufacturing as percent of state employment may 2004
Manufacturing as Percent of State Employment (MSAs)May 2004

Source: U.S. Bureau of Labor Statistics


Alabama Gross State Product from Manufacturing (MSAs)1978-2005 in $Billions

Source: U. S. Bureau of Economic Analysis


Alabama Employment from Manufacturing (MSAs)1978-2005 in 1,000s

Source: U. S. Bureau of Economic Analysis


Percent of Alabama Workers (MSAs)Manufacturing 1980-2005

Source: U.S. Bureau of Economic Analysis


Percent of Alabama Workers (MSAs)Motor Vehicle & Equipment1980-2005

Source: U.S. Bureau of Economic Analysis


Alabama Gross State Product/Job (MSAs)Motor Vehicle & Equipment1998-2004

Source: U.S. Bureau of Economic Analysis


Alabama Gross State Product/Job (MSAs)Durable & Non-Durable Manufacturing 1978-2005

Source: U.S. Bureau of Economic Analysis


Alabama vs Southeastern States (SE) Comparative Data (MSAs)

Alabama AL

Florida FL

Georgia GA

Kentucky KY

Mississippi MS

North Carolina NC

South Carolina SC

Tennessee TN

United States U.S.


Alabama vs SE States (MSAs)% Unemployment Rate Nov 2006

5.1% Avg - - -

Source: Bureau of Labor Statistics


Alabama vs SE States (MSAs) % High School Graduates or Higher2000

76.4% Avg - - -

Source: www.fedstats.gov


Alabama vs SE States (MSAs)% Population Change 2000 - 2005

6.16% Avg - - -

Source: www.fedstats.gov


Alabama vs SE States (MSAs)Percent of Population Age 18 – 65 2005

63% Avg - - -

Source: www.fedstats.gov


Alabama vs SE States (MSAs)% Federal, State, Local Govt Emp. 2000

14.98 % Avg - - -

Source: www.fedstats.gov


Alabama vs SE States (MSAs)% Private Wage and Salary Workers 2000

66.7% Avg - - -

Source: www.fedstats.gov


Alabama state summary

State Revenues - Up (MSAs)

Outlook Survey- Guarded

State Population- Up

Housing Sales- Down

Alabama Gross State Product- Up

Employment- Up

Personal Incomes- Up

Unemployment- Down

Labor Force- Up

Alabama State Summary


Manufacturing Employment Percentage (G-7 Countries) (MSAs)1960-2005

Source: U.S. Department of Labor


Average Manufacturing % Change for (MSAs)Productivity, Output, and Employment (G-7 Countries) 1994-2004

Source: U.S. Bureau of Labor Statistics


Gross Domestic Product per Capita (MSAs)2004 in $Thousands (G-7 Countries)

31.4% Avg - - -

Source: Bureau of Labor Statistics


Calhoun County vs Select MSAs –Air Passenger Enplanements 2005 in Thousands

19.8 Avg - - -

Source: Federal Aviation Administration


Calhoun County vs Select MSAs 2005 Distance from Major Air Carrier Airport

85 miles Avg - - -

Source: Federal Aviation Administration


? 2005


ad