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2009 Economic Update. I nformation provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration. Serious Business. Calhoun County Update State of Alabama Update. Overview. Member Survey County Gross Domestic Product

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slide1

2009 Economic Update

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

serious business
Serious Business
  • Calhoun County Update
  • State of Alabama Update

Overview

calhoun county 2009 update
Member Survey

County Gross Domestic Product

Employment

Unemployment

Housing

Calhoun County McClellan Development Authority

Calhoun County 2009 Update

2

slide6

Q#2: Your Employment Outlook

for Coming Year

Year 2009

slide12

Calhoun County Gross Domestic Product2001-2006 in $ Billions

Source: U. S. Bureau of Economic Analysis

slide13

Calhoun County Gross Domestic Product % Change 2002-2006

Source: U. S. Bureau of Economic Analysis

labor force calhoun county 1999 2008
Labor Force Calhoun County 1999-2008

Source: U.S. Bureau of Labor Statistics

slide15

Employment for Calhoun County 1999-2008

Source: U.S. Bureau of Labor Statistics

unemployment rate for calhoun county 1999 2008
Unemployment Rate for Calhoun County 1999-2008

Source: U.S. Bureau of Labor Statistics

unemployment for calhoun county vs alabama 2008
Unemployment for Calhoun County vs Alabama 2008

Source: U.S. Bureau of Labor Statistics

slide18

3.8%

Alabama Unemployment RatesDecember 2007State Ave – 4.0%

Unemployment Rate

3.8% and Below

3.9% - 5.2%

5.3% and Above

Source: AL Dept of Industrial Relations

17

slide19

6.5%

Alabama Unemployment RatesDecember 2008State Ave – 6.7%

Unemployment Rate

6.4% and Below

6.5% - 8.4%

8.5% and Above

Source: AL Dept of Industrial Relations

18

sales use lodging tax annual total fy02 03 fy07 08 anniston in 1 000
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Anniston in $1,000

Source: City of Anniston

sales use lodging tax monthly total fy 07 08 anniston oct sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Anniston (Oct-Sept) in $1,000

Source: City of Anniston

sales use lodging tax annual total fy02 03 fy07 08 oxford in 1 000
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Oxford in $1,000

Source: City of Oxford

sales use lodging tax monthly total fy 07 08 oxford oct sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Oxford (Oct-Sept) in $1,000

Source: City of Oxford

sales use lodging tax annual total fy02 03 fy07 08 jacksonville in 1 000
Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Jacksonville in $1,000

Source: City of Jacksonville

sales use lodging tax monthly total fy 07 08 jacksonville oct sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Jacksonville (Oct-Sept) in $1,000

Source: City of Jacksonville

sales use lodging tax oct nov dec 2007 vs 2008 jacksonville in 1 000
Sales, Use & Lodging Tax Oct, Nov, & Dec 2007 vs 2008 Jacksonville in $1,000

Source: City of Jacksonville

sales use lodging tax monthly total fy 07 08 weaver nov sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Weaver (Nov-Sept) in $1,000

Source: City of Weaver

sales use lodging tax monthly total fy 07 08 ohatchee oct sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Ohatchee (Oct-Sept) in $1,000

Source: City of Ohatchee

sales use lodging tax oct nov dec 2007 vs 2008 ohatchee in 1 000
Sales, Use & Lodging Tax Oct, Nov & Dec 2007 vs 2008 Ohatchee in $1,000

Source: City of Oxford

sales use lodging tax monthly total fy 07 08 piedmont oct sept in 1 000
Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Piedmont (Oct-Sept) in $1,000

Source: City of Piedmont

slide34

Calhoun Housing Statistics YTD Dec 2007 vs YTD Dec 2008

Source: Alabama Real Estate Research & Education Center

slide35

Number of Home Sales Per Month Calhoun County 1999-2008

94.56 Avg - - -

Source: Alabama Center for Real Estate

calhoun county housing affordability index 3 rd q 2008
Calhoun County Housing Affordability Index 3rd Q 2008

Source: Alabama Real Estate Research & Education Center

anniston chemical agent disposal facility as december 24 2008
Anniston Chemical Agent Disposal Facility as December 24, 2008

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

  • All GB Munitions/Nerve Agent demilitarized
  • All VX Projectiles/Rockets demilitarized
  • 12/24/2008 All VX Land Mines demilitarized
  • 99% storage risk eliminated
  • 56% stockpile destroyed

Source: Anniston Chemical Agent Disposal Facility

mcclellan economic development update

McClellanEconomic Development Update

Robin Scott

Chief Executive Officer

McClellan Development Authority

mcclellan development authority mda
McClellan Development Authority (MDA)
  • Closing of Fort McClellan in 1999, City of Anniston and Calhoun County formed Joint Powers Authority
    • Mission: Seek out new enterprises to bring back jobs and tax revenues lost with closure of Fort …while preserving historic character and beauty of properties
  • Name has changed (now McClellan Development Authority) but mission remains same
mcclellan development authority board
McClellan Development Authority Board
  • Ronnie Smith Chairman
  • Anthony Humphries Vice Chairman
  • Lynetta Owens Secretary
  • Ken Deal
  • Willie Duncan
  • Jim Farrell
  • Mark Hearn
  • Mike James
  • Julia Segars
  • William Tippins
  • Gerald Wilkerson
mda priorities for 2009
MDA Priorities for 2009
  • Oversee Industrial Access Road construction
    • Coordination with ALDOT, City, and County
  • Conduct top-to-bottom assessment of all Economic Development practices
    • Policies, procedures, marketing, negotiation, etc.
  • Prepare South Industrial Site for marketing
    • Demo work, field clearing, utilities work
  • Renovate our “most marketable” buildings
    • Utilities upgrades, exterior updates, roof repairs
industrial access road iar project significance
Industrial Access Road (IAR) Project Significance
  • Keyto future growth at McClellan
    • Key industrial sites located adjacent to IAR
    • Access key factor for attracting new businesses
  • IAR will provide access to major road networks
    • South: Eastern Bypass to I-20 and AL 431
    • North: AL 21
  • IAR will reduce local traffic congestion
    • McClellan residential and recreational areas
    • Quintard Avenue (45,000 trips/day)
industrial access road connections to main arteries

Future project; IAR Phase II

Industrial Access Road Connectionsto Main Arteries

IAR Phase I funds APPROVED!

Total cost: $3,135,766

Eastern Bypass paving contract to be let Feb 09

eastern bypass
Eastern Bypass
  • US Army has completed ROW cleanup!!!
  • Matrix is currently conducting cleanup on both sides of ROW
  • ALDOT timelines
  • Bottom Line: No foreseen problems
february 2007 snapshot of developable lands
February 2007 Snapshot of Developable Lands

1189 acres available for development, however…

southern industrial area
Southern Industrial Area

283.42 Acres available in South industrial site, however… prep is required!

mcclellan economic development summary
McClellan Economic Development Summary
  • Have been notable successes in economic redevelopment efforts at McClellan
    • “No-cost” deed transfers from US Army to JPA
    • $216+M for ordnance and environmental cleanup
      • 38 underground tanks, 5 landfills, 4600+ acres of MEC
    • Sales of residential properties
      • Buckner district, Summerall Terrace, Cane Creek
  • Path to future economic growth is through “prepared” properties available for immediate commercial/industrial use
calhoun county summing it up
Membership Survey- Guarded, but optimistic

Population- Up

Employment- Down from record high in 2007

Unemployment- Up Dec 2008 (6.5%)

Highest since Jan 1996 (7.5%)

Housing Market- Down from record highs

McClellan Economic Development- Moving Forward

Calhoun County: Summing it Up
state of alabama update
BLCI Survey

Demographics

Economic Indicators

Education

Achievemens 2003

Other Issues

State of Alabama Update

49

alabama business leaders confidence index
Alabama Business Leaders Confidence Index
  • State Survey – 1st Quarter 2009
  • Approximately 300 respondents
  • www.blcindex.com
slide52

Alabama Economic OutlookQ4 2008 compared to Q1 2009

Source: Alabama Business Leaders Confidence Index

slide53

Alabama Economic OutlookQ4 2007 – Q1 2009

Source: Alabama Business Leaders Confidence Index

slide55

Alabama Civilian Labor Force2002-2008 in Millions

Source: Alabama Dept of Industrial Relations

slide56

Alabama Employment2002-2008 in Millions

Source: Alabama Dept of Industrial Relations

slide57

Alabama Unemployment 2002-2008

Source: U.S. Department of Labor

unemployment for alabama vs united states 2008
Unemployment for Alabama vs United States 2008

Source: U.S. Bureau of Labor Statistics

slide59

Alabama Gross State Product1998-2007 in $Billions

Source: U. S. Bureau of Economic Analysis

slide60

Alabama Gross State Product % Change1998-2007

Source: U. S. Bureau of Economic Analysis

slide61

Total Tax Revenue Alabama % Change FY01-02 thru FY07-08

*FY: Oct-Sept

Source: Alabama Department of Revenue

slide62

Sales Tax Revenue Alabama % Change FY01-02 thru FY07-08

*FY: Oct-Sept

Source: Alabama Department of Revenue

sales tax revenue alabama jan dec 2007 vs 2008
Sales Tax Revenue Alabama Jan – Dec 2007 vs 2008

Source: U.S. Bureau of Labor Statistics

slide64

Tax Revenue Alabama % Change Oct 2007 Vs Oct 2008

Sales

Tax

Individual

Income Tax

Total

Tax

Source: Alabama Department of Revenue

slide65

Tax Revenue Alabama % Change Nov 2007 Vs Nov 2008

Sales

Tax

Total

Tax

Individual

Income Tax

Source: Alabama Department of Revenue

slide66

Tax Revenue Alabama % Change Dec 2007 Vs Dec 2008

Individual

Income Tax

Sales

Tax

Total

Tax

Source: Alabama Department of Revenue

slide67

Alabama Housing Statistics YTD Dec 2007 vs YTD Dec 2008

Source: Alabama Real Estate Research & Education Center

slide68

Number Home Sales Per Month Alabama 1999-2008

3,856 Avg - - -

Source: Alabama Center for Real Estate

slide69

Ave # of Days Homes on Market Alabama 1999-2008

140 Avg - - -

Source: Alabama Center for Real Estate

state of alabama summing it up
Outlook Survey- Guarded

State Population- Up

Labor Force- Down

Employment- Down

Unemployment- Up

Alabama Gross State Product – Up

State Tax Revenues

Down Late in Year

Housing Sales

Down from record highs

State of Alabama:Summing it Up
2009 economic update calhoun county state of alabama
2009 Economic UpdateCalhoun County & State of Alabama
  • Calhoun County Survey- Turning?
  • Employment- Down
  • Unemployment- Up
  • Sales Tax Revenues- Down Late in Year
  • Housing- Down
  • State Survey-1st Q Bleak
  • Alabama Gross State Product – Up
  • State Tax Revenues
    • Down Late in Year
  • Housing- Down