Title: Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration
1Information provided by Jacksonville State
University Center for Economic Development and
College of Commerce and Business Administration
2007 Economic Forum
2Building on Past Success, Building for the
Future
Overview
- Calhoun County Update
- State of Alabama Update
3Calhoun County 2007 Update
- Member Survey
- Population
- Employment
- Cost of Living
- Housing
- Business Licenses
- Retail Sales
- Infrastructure
2
4Q1 Your Comparison of this Year to Last
Year 2007
5Q1 Your Comparison of this Year to Last
2003-2007
6Q2 Your Employment Outlook for Coming Year
Year 2007
7Q2 Your Employment Outlook for Coming Year
2003-2007
8Q3 How Likely is Increase in Demand Your
Products/Services in Coming Year
Year 2007
9 Q3 How Likely is Increase in Demand
Your Products/Services in Coming Year 2003-2007
10Q4 How Likely to Add New Products in Coming
Year
Year 2007
11 Q4 How Likely to Add New Products in
Coming Year 2003-2007
12Q5 How Likely to Expand Outlets in Coming
Year
Year 2007
13 Q5 How Likely to Expand Outlets in Coming
Year 2003-2007
14 Q6 How Likely to Increase Employee
Compensation in Coming Year
Year 2007
15 Q6 How Likely to Increase Employee
Compensation in Coming Year 2003-2007
16How Do You Compensate Your Sales Force? (Calhoun
County)
17How Do You Compensate Your Sales Force? (State
Level)
18How Do You Compensate Your Sales Force? (Calhoun
vs State)
Calhoun
State
19?
20Population Trends Calhoun County 1998-2005
Source U.S. Census Bureau
21Labor Force Calhoun County 1998-2006
Jan-Nov 2006
Source U.S. Bureau of Labor Statistics
22Employment for Calhoun County 1998-2006
Source U.S. Bureau of Labor Statistics
23Unemployment Rate for Calhoun County 1998-2006
Source U.S. Bureau of Labor Statistics
24Unemployment for Calhoun County vs Alabama 2006
Source U.S. Bureau of Labor Statistics
25?
263.3
Alabama Unemployment Rates December 2005
Preliminary 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
273.3
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
28Calhoun County Total Employment by Sector Nov 2006
Source U. S. Bureau of Economic Analysis
29Calhoun County vs State of Alabama Total
Employment by Sector Nov 2006
Calhoun
State
Source U. S. Bureau of Economic Analysis
30Calhoun County Manufacturing Employment vs All
Alabama MSAs Nov 2006
14.6 Avg - - -
Source U. S. Bureau of Economic Analysis
31?
32Calhoun County Cost of Living 2000-2006
Source Accra Survey
33Calhoun County Cost of Living vs Select Alabama
Cities 2005
Source Accra Survey
34Calhoun Housing Statistics Nov 2005 Nov 2006
YTD Nov 2005 YTD Nov 2006 Change
Total Homes Sold 1,364 1,274 -7.0
Total Homes Listed 8,748 9,549 9.0
Avg Selling Price 121,096 132,592 9.0
Avg Days on Market 139 133 -4
Source Alabama Real Estate Research Education
Center
35Calhoun Housing StatisticsJan-Nov 2006
Source Alabama Real Estate Research Education
Center
36Calhoun Housing Statistics Jan-Nov 2006
Source Alabama Real Estate Research Education
Center
37Calhoun Housing Statistics Jan-Nov 2006
Source Alabama Real Estate Research Education
Center
38Calhoun Housing Statistics Jan-Nov 2006
Source Alabama Real Estate Research Education
Center
39Calhoun Housing Statistics Jan-Nov 2006
Source Alabama Real Estate Research Education
Center
40Calhoun County Housing Affordability Index 3rd Q
2006
Source Alabama Real Estate Research Education
Center
41Calhoun County Municipal Business Licenses
2005-2006
Business Licenses issued-Cities 2005 2006 Change
Anniston 3862 3888 1.0
Jacksonville 2250 2020 -10.2
Oxford 2401 2595 8.1
Piedmont 969 570 -41.2
Weaver 595 565 -5.0
Ohatchee 259 487 88.0
Source Selected Municipalities
42Retail Sales State Level Data
- 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
43See Appendix
44Anniston Chemical Agent Disposal Facility
- 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
45?
46Calhoun 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
47Calhoun County vs Select Metropolitan Statistical
Areas (MSAs)
48Calhoun County vs Select MSAs Unemployment
Rate 2006
3.8 Average - - - -
Source Bureau of Labor Statistics
49Calhoun County vs Select MSAs Self-Employed
Workers 2000
9.2 Avg - - - -
Source U.S. Census Bureau
50Calhoun County vs Select MSAs Federal, State
and Local Government Workers 2000
16.7 Avg - - -
Source U.S. Census Bureau
51Calhoun County vs Select MSAs Private Wage and
Salary Workers 2000
73.8 Avg - - -
Source U.S. Census Bureau
52Calhoun County vs Select MSAs High School
Grad or Higher 2000
81 Avg
Source www.fedstats.gov
53Calhoun County vs Select MSAs of Work Force
Age 18 65 2005
63 Avg - - -
Source www.fedstats.gov
54Calhoun County vs Select MSAs Change in
Population 2000 - 2005
32
5.4 Avg - - -
Source U.S. Census Bureau
55Calhoun County vs Select MSAs Mean Annual Wages
in Thousands 2005
31 Avg - - -
Source Bureau of Labor Statistics
56Calhoun County vs Select MSAs Average Wage per
Hour in 2005
14.91 Avg - - -
Source Bureau of Labor Statistics
57?
58New and Expanding Industries Calhoun County 2006
Company Jobs Investment
American Firewear 50 200,000
Nat App Placement All 40 NA
Webb Concrete 30 NA
CMP 20 2,000,000
Atlantic Tool Die 20 1,300,000
Huron Val Steel 15 4,000,000
NGC Industries 15 115,000,000
Source Alabama Development Office
59Calhoun County Summing it Up
- Membership Survey-Guarded
- 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
60State of Alabama Update
- Education
- Achievemens 2003
- Other Issues
- BLCI Survey
- Demographics
- Economic Indicators
59
61Alabama Business Leaders Confidence Index
- State Survey 4th Quarter 2006
- Approximately 300 respondents
- www.blcindex.com
62Alabama Economic Outlook Q4 2005 compared to Q3
2005
Last Year
Source Alabama Business Leaders Confidence Index
63Alabama Economic Outlook Q4 2006 compared to Q3
2006
This Year
Source Alabama Business Leaders Confidence Index
64Alabama Economic Outlook Q4 2005 Q4 2006
Source Alabama Business Leaders Confidence Index
65?
66 Alabama Industry Sales Q4 2005 compared to Q3
2005
Last Year
Source Alabama Business Leaders Confidence Index
67 Alabama Industry Sales Q4 2006 compared to Q3
2006
This Year
Source Alabama Business Leaders Confidence Index
68 Alabama Industry Profits Q4 2005 compared to
Q3 2005
Last Year
Source Alabama Business Leaders Confidence Index
69 Alabama Industry Profits Q4 2006 compared to
Q3 2006
This Year
Source Alabama Business Leaders Confidence Index
70 Alabama Industry Hiring Plans Q4 2005 compared
to Q3 2005
Last Year
Source Alabama Business Leaders Confidence Index
71 Alabama Industry Hiring Plans Q4 2006 compared
to Q3 2006
This Year
Source Alabama Business Leaders Confidence Index
72 Alabama Industry Capital Expenditures Q4 2005
compared to Q3 2005
Last Year
Source Alabama Business Leaders Confidence Index
73 Alabama Industry Capital Expenditures Q4 2006
compared to Q3 2006
This Year
Source Alabama Business Leaders Confidence Index
74Alabama Population 2000-2006 in Millions
Source U.S. Census Bureau
75?
76U.S. Migration PatternsJanuary- December 2005
High Inbound High Outbound Balanced
Source United Van Lines
77U.S. Migration PatternsJanuary- December 2006
High Inbound High Outbound Balanced
Source United Van Lines
78Alabama Housing Statistics Nov 2005 Nov 2006
YTD Nov 2005 YTD Nov 2006 Change
Total Homes Sold 55,207 54,655 -10
Avg Selling Price 147,991 156,787 6
Avg Days on Market 131 122 -7
Total Homes Listed 280,611 363,949 30
Source Alabama Real Estate Research Education
Center
79?
80Alabama Per Capita Income vs U.S. 2001-2006 in
1,000
Source U.S. Bureau of Economic Analysis
81Alabama Per Capita Income vs U.S. 1964-2006 in
1,000
Source U.S. Bureau of Economic Analysis
82Alabama Per Capita Income Percentage vs U.S.
1964-2006
Source U.S. Bureau of Economic Analysis
83Alabama Civilian Labor Force2001-2006 in Millions
Source Alabama Dept of Industrial Relations
84Alabama Employment2001-2006 in Millions
Source Alabama Dept of Industrial Relations
85Alabama Unemployment vs U.S.2002-2006
Source U.S. Department of Labor
86Alabama Gross State Product Change vs U.S.
2000-2005
Source U.S. Bureau of Economic Analysis
87Alabama Gross State Product1978-2005 in Billions
Source U. S. Bureau of Economic Analysis
88Alabama Gross State Product Change 1980-2005
Source U. S. Bureau of Economic Analysis
89Alabama Total Employment by Sector 1980
(1,652,621 Jobs)
Source U. S. Bureau of Economic Analysis
90Alabama Total Employment by Sector Nov 2006
Source U. S. Bureau of Economic Analysis
91Alabama Total Employment by Sector 1980-2006
(774,731 Jobs, Up 45)
1980
2006
Source U. S. Bureau of Economic Analysis
92Manufacturing as Percent of State EmploymentMay
2004
1.40 - 4.23
4.23 - 5.89
5.90 - 7.23
7.23 - 9.35
9.36 - 13.87
Source U.S. Bureau of Labor Statistics
93Alabama Gross State Product from
Manufacturing1978-2005 in Billions
Source U. S. Bureau of Economic Analysis
94Alabama Employment from Manufacturing1978-2005
in 1,000s
Source U. S. Bureau of Economic Analysis
95Percent of Alabama Workers Manufacturing
1980-2005
Source U.S. Bureau of Economic Analysis
96Percent of Alabama Workers Motor Vehicle
Equipment 1980-2005
Source U.S. Bureau of Economic Analysis
97Alabama Gross State Product/Job Motor Vehicle
Equipment 1998-2004
Source U.S. Bureau of Economic Analysis
98Alabama Gross State Product/Job Durable
Non-Durable Manufacturing 1978-2005
Source U.S. Bureau of Economic Analysis
99?
100Alabama vs Southeastern States (SE) Comparative
Data
Alabama AL Florida FL Georgia GA Kentucky
KY Mississippi MS North Carolina NC South
Carolina SC Tennessee TN United States U.S.
101Alabama vs SE States Unemployment Rate Nov 2006
5.1 Avg - - -
Source Bureau of Labor Statistics
102Alabama vs SE States High School Graduates
or Higher2000
76.4 Avg - - -
Source www.fedstats.gov
103Alabama vs SE States Population Change 2000 -
2005
6.16 Avg - - -
Source www.fedstats.gov
104Alabama vs SE States Percent of Population Age
18 65 2005
63 Avg - - -
Source www.fedstats.gov
105Alabama vs SE States Federal, State, Local
Govt Emp. 2000
14.98 Avg - - -
Source www.fedstats.gov
106Alabama vs SE States Private Wage and Salary
Workers 2000
66.7 Avg - - -
Source www.fedstats.gov
107Alabama State Summary
- State Revenues - Up
- Outlook Survey- Guarded
- State Population- Up
- Housing Sales- Down
- Alabama Gross State Product- Up
- Employment- Up
- Personal Incomes- Up
- Unemployment- Down
- Labor Force- Up
108Manufacturing Employment Percentage (G-7
Countries) 1960-2005
Source U.S. Department of Labor
109Average Manufacturing Change for Productivity,
Output, and Employment (G-7 Countries) 1994-2004
Source U.S. Bureau of Labor Statistics
110Gross Domestic Product per Capita 2004 in
Thousands (G-7 Countries)
31.4 Avg - - -
Source Bureau of Labor Statistics
111?
112Calhoun County vs Select MSAs Air Passenger
Enplanements 2005 in Thousands
19.8 Avg - - -
Source Federal Aviation Administration
113Calhoun County vs Select MSAs Distance from
Major Air Carrier Airport
85 miles Avg - - -
Source Federal Aviation Administration
114?