Center for Economic Development and Business Research NEAZ Full PDF Report.pdf · 2018. 8. 7. · ECONOMIC UPDATE ANALYSIS OF THE NORTHEAST ECONOMIC ACTIVITY ZONE Prepared by: Center

Center for Economic Development

and Business Research

College of Commerce and Business AdministrationJacksonville State University

ECONOMIC UPDATE ANALYSIS OF THENORTHEAST ECONOMIC ACTIVITY ZONE

(NEAZ)

May 23, 2014

ECONOMIC UPDATE ANALYSIS OF THE

NORTHEAST ECONOMIC ACTIVITY ZONE

Center for Ec

J

Prepared by:

onomic Development and Business ResearchJacksonville State University

700 Pelham Road Northacksonville, Alabama 36265-1602

(256) 782-5324

May 23, 2014

Economic Update of theNortheast Economic Activity Zone

Acknowledgments

The Center for Economic Development at Jacksonville State University is grateful for the

long hours of research and hard work required to prepare this Economic Analysis of the

Northeast Economic Activity Zone.

Researchers for this study include: William T. Fielding, Ph.D., Dean, JSU College of

Commerce and Business Administration (CCBA); Richard Cobb, Ph.D., Department Head,

Department of Management and Marketing, JSU CCBA; W. Mark Hearn, Ph.D., Professor,

Department of Management, JSU CCBA; Jennifer G. Swafford, Program Coordinator, JSU

CED; Jeffrey G. Hooie, Research Analyst, JSU CED; and Mike Self, Research Analyst, JSU

CED.

1

1

NEAZ Members:

Cherokee County

2

NEAZ Members:

DeKalb County

2

3

NEAZ Members:

Etowah County

4

NEAZ Members:

Marshall County

3

5

Connecting Our Greater

Communities: Overview

• Quick Peek Big Picture

• NEAZ Update

– Mark Hearn - JSU CCBA

• State of Alabama Update

– Richard Cobb - JSU CCBA

• National & Regional Update

– Lesley McClure – Regional Executive and Senior

Officer with Federal Reserve Bank of Atlanta

Birmingham Branch

Dow Jones Industrial (DJIA)

Jan 2010 – May 2014

9,000

11,000

13,000

15,000

17,000

Jan-10 Jan-11 Jan-12 Jan-13 Jan-14

6 Source: NY Stock Exchange

+(9.69%) 12 Months

4

S & P 500

Jan 2010 – May 2014

950

1,200

1,450

1,700

1,950


7

+(14.98%) 12 Months

Source: Standard and Poor’s

Case Shiller 20-City Home

Price Index Jan 10 - Feb 14

132

140

148

156

164

172


8 Source: Standard and Poor’s

+12.93% 12 Months

5

U.S. Consumer Sentiment

Jan 2010 – April 2014

Source: University of Michigan Institute of Social Research

50

60

70

80

90


April 2014 – 84.1

9

Employment in Alabama in

Millions May 13 - April 2014

2.034

2.024

2.008

1.993

1.995 1.991

2.003

2.002

1.98

2.00

2.02

2.04

May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr

In M

illi

ons

10 Source: U.S. Bureau of Labor Statistics

-1.57.% (-32,012) Jobs

6

11

KY 7.7%

TN 6.3%

MS 7.5%

NC 6.2%

SC 5.3%

GA 7.0%

FL 6.2%

AL 6.9%

Preliminary Unemployment

Rates Southeastern United

States April 2014

Seasonally Adjusted

Source: U.S. Bureau of Labor Statistics

12

• State Survey – 2nd Quarter 2014

• Approximately 250 respondents

• Operated by University of Alabama

Center for Business and Economic

Research

• cber.cba.ua.edu

http://www.blcindex.com/

7

13

1.2%

13.6%

38.4% 44.0%

2.8%

0%

10%

20%

30%

40%

50%

Much

Worse

Worse Remain

the Same

Better Much

Better

% o

f R

esp

on

den

ts

Economic Outlook for Alabama

Q2 2014 compared to Q1 2014

Source: Alabama Business Leaders Confidence Index

14

50.2% 48.3%

45.4% 47.7%

52.9% 51.9% 51.2%

55.6%

40%

45%

50%

55%

60%

Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14

Ind

ex V

alu

e

Economic Outlook Index for

Alabama Q3 12 – Q2 14


8

Alabama Hiring Outlook

Q2 2014 compared to Q1 2014

5.2%

13.2%

56.0%

23.2%

2.4% 0%

15%

30%

45%

60%

Strong

Decrease

Moderate

Decrease

No

Change

Moderate

Increase

Strong

Increase

% o

f R

esp

on

den

ts

Source: Alabama Business Leaders Confidence Index 15

49.8%

48.1%

46.0% 47.0%

50.1% 50.8% 49.6% 51.1%

40%

45%

50%

55%

Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13 Q1 14 Q2 14

Index

Val

ue


Alabama Hiring Outlook

Q3 12 – Q2 14

16

9

Northeast Economic Activity

Zone (NEAZ): Overview

• Population Trends

• Income

• Commuting Patterns

• Labor Force

• Employment/Unemployment

• County Sales Tax Revenues

• Municipal Sales Tax Revenues

17 Dr. Mark Hearn, College of Commerce & Business Administration

18

NEAZ : Population Trends

Cherokee County

1990, 2000, 2010, 2013

Source: U.S. Census Bureau

19,543

23,988

25,986 26,203

12,000

17,000

22,000

27,000

1990 2000 2010 2013

Po

pu

lati

on

10

19


DeKalb County

1990, 2000, 2010, 2013

54,651

64,452

71,115 71,013

50,000

55,000

60,000

65,000

70,000

75,000

1990 2000 2010 2013

Po

pu

lati

on


20


Etowah County

1990, 2000, 2010, 2013

99,840

103,459 104,427 103,931

95,000

100,000

105,000

1990 2000 2010 2013

Po

pu

lati

on


11

21


Marshall County

1990, 2000, 2010, 2013

70,832

82,231

93,019 94,760

60,000

70,000

80,000

90,000

100,000

1990 2000 2010 2013

Po

pu

lati

on


0.8%

-0.1% -0.5%

1.9%

1.1%

2.4%

-1%

0%

1%

2%

3%

Cherokee DeKalb Etowah Marshall AL US

% P

op

ula

tio

n C

han

ge

22

NEAZ : Comparative Data

% Population Change

2010-2013


12

23


Zone Total

1990, 2000, 2010, 2013

246,856

276,130

294,547 295,907

230,000

250,000

270,000

290,000

310,000

1990 2000 2010 2013

Po

pu

lati

on


Average Annual Income

NEAZ vs AL 2003-2012

$32 $33

$35 $36

$37 $39 $39

$40 $41 $42

$25 $26 $27 $28

$29 $30 $31 $31 $31

$32

$20

$25

$30

$35

$40

$45

03 04 05 06 07 08 09 10 11 12

Th

ou

san

ds

AL

NEAZ


76% State Average

13

25

NEAZ Members:

Cherokee County

Inflow/Outflow • Employed & Living

in Area - 2,616

(52.2%)

• Employed in/Living

Out - 2,400 (47.8%)

• Living In/Employed

Out - 5,396 (67.3%)


26

NEAZ Members:

DeKalb County


in Area - 12,391

(61.0%)


Out - 7,920 (39.0%)


Out - 12,881 (51.0%)


14

27

NEAZ Members:

Etowah County


in Area - 19,817

(56.2%)


Out - 15,426 (43.8%)


Out - 17,476 (46.9%)


28

NEAZ Members:

Marshall County


in Area - 16,265

(50.3%)


Out - 16,100 (49.7%)


Out - 20,342 (55.6%)


15

NEAZ Members:

Inflow/Outflow Comparison

Live In

Work In

Live Out

Work In

Live In

Work Out

Cherokee 52.2% 47.8% 67.3%

DeKalb 61.0% 39.0% 51.0%

Etowah 56.2% 43.8% 46.9%

Marshall 50.3% 49.7% 55.6%

29

30

Labor Force Cherokee

County: 2004 - 2013

11.9 12.0 11.9 12.0

11.9

11.7 11.7 11.7

11.4 11.5

11.0

11.5

12.0

12.5

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


16

31

Labor Force Cherokee

County May 2013 - April 14

11.6 11.7

11.5 11.5

11.5

11.4

11.3 11.4

11.3

11.4

11.3

11.1

11.1

11.3

11.5

11.7

MayJun Jul AugSep OctNovDec Jan FebMarApr

Th

ou

san

ds


32

Employment Cherokee

County 2004 - 2013

11.4 11.5 11.5

11.6

11.3

10.4 10.7 10.7 10.6

10.8

10.0

10.5

11.0

11.5

12.0

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


17

33

Employment Cherokee County

May 2013 - April 2014

11.0

11.0

10.9

10.8

10.9

10.8

10.8

10.8

10.6

10.7 10.6

10.6 10.4

10.6

10.8

11.0

11.2


Th

ou

san

ds


34

Unemployment Rate

Cherokee County 2004-2013

4.3% 3.7% 3.6% 3.6%

5.0%

10.3%

9.0% 8.3%

6.9%

5.7%

2%

4%

6%

8%

10%

12%

04 05 06 07 08 09 10 11 12 13


18

35

Unemployment Rate

Cherokee County vs Alabama

May 2013 - April 2014

5.4 5.9 5.8 5.9

5.5 5.2

4.8 5.1

5.9

6.7

5.9

5.3%

6.1

6.9 6.8 6.8 6.5 6.3

5.8 5.7

6.8 7.3

6.9

6.2%

4%

5%

6%

7%

8%


Cherokee Alabama


36

Labor Force DeKalb

County 2004 - 2013

31.7 31.0

31.6 31.0

30.5 29.5

30.0

29.1

28.0 27.8

26

28

30

32

34

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


19

37

Labor Force DeKalb County

May 2013 - April 2014

27.8

28.3 28.6

27.9 27.8

27.3

27.1

27.1 27.2

27.3

27.9

27.6

26.5

27.0

27.5

28.0

28.5

29.0


Th

ou

san

ds


38

Employment DeKalb

County 2004 - 2013

30.1 29.7 30.4 29.9

28.9

25.8 26.6

26.0 25.7 25.8

22

24

26

28

30

32

34

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


20

39

Employment DeKalb County

May 2013 - April 2014

25.9

26.2

26.5

25.9

25.9

25.5

25.5

25.4

25.2

25.1

25.8

25.8

24.5

25.0

25.5

26.0

26.5

27.0


Th

ou

san

ds


40

Unemployment Rate

DeKalb County 2004-2013

5.1% 4.3% 3.6% 3.7%

5.1%

12.7%

11.2% 10.7%

8.3% 7.0%

2%

4%

6%

8%

10%

12%

14%

04 05 06 07 08 09 10 11 12 13


21

41

Unemployment Rate

DeKalb County vs Alabama

May 2013 - April 2014

7.3

7.2 7.2 6.8 6.6 6.1

6.1 7.2

8.0

7.6 7.5%

6.6%

6.9

6.8 6.8 6.5 6.3 5.8

5.7 6.8

7.3 6.9

6.9%

6.2%

5%

6%

7%

8%

9%


DeKalb Alabama


42

Labor Force Etowah County

2004 - 2013

46.6 46.5

46.6

45.5 45.4

44.6

45.4

46.0

45.5

44.7

44

45

46

47

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


22

43

Labor Force Etowah County

May 2013 - April 2014

44.9

45.1 44.8

45.1

44.8

44.6

44.9

44.6

44.3

45.1

45.3

44.7

44.0

44.5

45.0

45.5

46.0


Th

ou

san

ds


44

Employment Etowah

County 2004 - 2013

44.0 44.6 44.9

43.7 43.0

40.1

41.2 42.1 42.3 41.8

38

40

42

44

46

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


23

45

Employment Etowah County

May 2013 - April 2014

42.1

42.0

41.8

42.0

41.8

41.8

42.3

42.0

41.3

41.6

42.0

41.8

41.0

41.5

42.0

42.5


Th

ou

san

ds


46

Unemployment Rate

Etowah County 2004-2013

5.7%

4.0% 3.6% 3.8%

5.2%

10.1%

9.2% 8.5%

7.0% 6.5%

2%

5%

8%

11%

04 05 06 07 08 09 10 11 12 13


24

47

Unemployment Rate

Etowah County vs Alabama

May 2013 - April 2014

6.1

6.9 6.7 6.9 6.6 6.2

5.7 5.6

6.8

7.8

7.2

6.4%

6.1

6.9 6.8 6.8 6.5 6.3

5.8 5.7

6.8 7.3

6.9

6.2%

4.5%

5.5%

6.5%

7.5%

8.5%


Etowah Alabama


48

Labor Force Marshall County

2004 - 2013

41.2 41.7

42.1

41.4 41.5

40.5

41.4 40.9

40.4 39.8

38.0

40.5

43.0

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


25

49

Labor Force Marshall County

May 2013 - April 2014

39.9

40.3 40.2

39.9

39.9

39.5

39.3 39.1

39.6

40.0 40.3

39.7

39

40

41

May Jun Jul Aug Sep Oct NovDec Jan Feb Mar Apr

Th

ou

san

ds


50

Employment Marshall

County 2004 - 2013

39.4

40.4 40.9

40.2 39.7

36.8

38.0 37.5 37.6 37.4

36

38

40

42

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


26

51

Employment Marshall County

May 2013 - April 2014

37.6

37.7

37.7

37.4

37.5

37.2

37.2

37.0

37.0

37.0

37.5

37.3

36.5

37.0

37.5

38.0

MayJun Jul AugSep Oct NovDec Jan Feb MarApr

Th

ou

san

ds


52

Unemployment Rate

Marshall County 2004-2013

4.3%

3.3% 3.0% 2.9%

4.2%

9.0%

8.4% 8.2%

6.9% 6.1%

2%

4%

6%

8%

10%

04 05 06 07 08 09 10 11 12 13


27

53

Unemployment Rate

Marshall County vs Alabama

May 2013 - April 2014

5.7

6.5 6.2 6.3 6.0 5.8

5.3 5.3

6.5

7.5

6.9

6.1%

6.1

6.9 6.8 6.8 6.5 6.3

5.8 5.7

6.8 7.3

6.9

6.2%

4%

5%

6%

7%

8%


Marshall Alabama


54 54

Unemployment Rate

6.8% and Below

6.9% - 8.3%

8.4% and Above

Source: Alabama Department of Labor

6.4% Alabama

Unemployment Rates

April 2014

State Ave – 6.2%

Not Seasonally Adjusted

5.3%

6.6% 6.1%

28

55

Labor Force NEAZ

2004 - 2013

131 131 132

130 129

126 128 128

125 124

115

120

125

130

135

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


56

Labor Force NEAZ

May 2013 - April 2014

124.1

125.4 125.1

124.3 123.9

122.8

122.7 122.1

122.4

123.8

124.8

123.1

121

122

123

124

125

126

127

May Jun Jul Aug Sep Oct NovDec Jan Feb Mar Apr

Th

ou

san

ds


29

57

Employment NEAZ

2004 - 2013

125 126

128 125

123

113

116 116 116 116

105

110

115

120

125

130

04 05 06 07 08 09 10 11 12 13

Th

ou

san

ds


58

Employment NEAZ

May 2013 - April 2014

116.6

116.9

116.9 116.0 116.1

115.4

115.9

115.3

114.2

114.4

116.0

115.4

112

114

116

118

MayJun Jul AugSep Oct NovDec Jan Feb MarApr

Th

ou

san

ds


30

59

Unemployment Rate NEAZ

2004-2013

4.9% 3.8% 3.5% 3.5%

4.9%

10.5%

9.5% 8.9%

7.3% 6.3%

2%

4%

6%

8%

10%

12%

04 05 06 07 08 09 10 11 12 13


60

Unemployment Rate

NEAZ vs Alabama

May 2013 - April 2014

6.0

6.7 6.5 6.6

6.2 6.0

5.5 5.5

6.6

7.5

6.9

6.1%

6.1

6.9 6.8 6.8 6.5

6.3

5.8 5.7

6.8

7.3

6.9

6.2%

5%

6%

7%

8%


NEAZ Alabama


31

Employment Peak to Trough

% Change NEAZ vs AL

Jan 07- Jan 10

-10.49% -11.58%

-16.26%

-11.18% -10.70%

-19%

-14%

-9%

-4%

1%

AL

Chero

kee

DeK

alb

Eto

wah

Marsh

all


Employment Trough to Now

% Change NEAZ vs AL

Jan 10 - April 14

6.36% 5.03%

3.76%

7.43%

4.63%

0%

3%

5%

8%

10%

AL

Chero

kee

DeK

alb

Eto

wah

Marsh

all


32

Employment Peak to Now

% Change NEAZ vs AL

Jan 10 - April 2014

-4.8%

-7.1%

-13.1%

-4.6% -6.6%

-15%

-12%

-9%

-6%

-3%

0%

AL

Chero

kee

DeK

alb

Eto

wah

Marsh

all


State Sales Tax Collections

from Cherokee County

FY 09-10 – FY 12-13 in $ Millions

Source: AL Dept of Revenue

$2.56

$2.39

$2.47

$2.58

$2.3

$2.4

$2.5

$2.6

2009-10 2010-11 2011-12 2012-13

In $

Mil

lio

ns

64

33


from DeKalb County



$10.13

$10.31

$10.85

$10.66

$10.0

$10.3

$10.5

$10.8

$11.0

2009-10 2010-11 2011-12 2012-13

In $

Mil

lio

ns

65


from Etowah County



$14.88

$14.48

$15.18 $15.39

$14.0

$14.5

$15.0

$15.5

2009-10 2010-11 2011-12 2012-13

In $

Mil

lio

ns

66

34


from Marshall County



$20.13

$20.70

$21.47 $21.62

$19

$20

$21

$22

2009-10 2010-11 2011-12 2012-13

In $

Mil

lio

ns

67

68

NEAZ: Retail Sales/Use

Tax FY 05-06 – FY 12-13

Albertville in $ Millions

$8.77 $8.99

$9.33

$8.41

$8.90 $9.05

$9.31 $9.20

$8

$9

$10

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Albertville

35

69


Tax FY 05-06 – FY 12-13

Arab in $ Millions

$5.48

$5.90 $5.99

$6.50

$6.08 $6.22 $6.36 $6.36

$4

$5

$6

$7

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Arab

70


Tax YTD = $3,842,765

Arab

$618 $624

$696 $729

$576 $599

$500

$600

$700

$800

Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14

In T

ho

usa

nds

of

$

Source: City of Arab

36

71


Tax FY 05-06 – FY 12-13

Attalla in $ Millions

Source: City of Attalla

$4.10

$4.45 $4.53

$4.29

$4.45 $4.52

$4.80 $4.74

$4.0

$4.2

$4.4

$4.6

$4.8

$5.0

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

72


Tax YTD = $2,180,428

Attalla

Source: City of Attalla

$324 $315

$438 $421

$342 $339

$200

$300

$400

$500


In T

ho

usa

nds

of

$

37

73


Tax FY 05-06 – FY 12-13

Boaz in $ Millions

Source: City of Boaz

$4.76 $4.66 $4.74 $4.35 $4.42

$5.03

$6.39 $6.25

$3

$5

$7

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

74


Tax YTD = $3,127,575

Boaz

Source: City of Boaz

$461

$521

$573 $590

$479 $503

$300

$400

$500

$600

$700


In T

ho

usa

nd

s o

f $

38

75


Tax FY 05-06 – FY 12-13

Centre in $ Millions

$1.57

$1.63

$1.70

$1.60 $1.57

$1.65

$1.70

$1.76

$1.4

$1.6

$1.8

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Centre

76


Tax YTD = $871,102

Centre

$140 $135

$165

$177

$120

$135

$110

$130

$150

$170

$190

Oct. 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14

In T

ho

usa

nds

of

$

Source: City of Centre

39

77


Tax FY 05-06 – FY 12-13

Ft Payne in $ Millions

$8.07

$9.44 $9.14

$8.33 $8.38 $8.24 $8.56 $8.56

$7

$8

$9

$10

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Ft Payne

78


Tax YTD = $4,221,927

Ft Payne

$710 $727 $701

$809

$581

$694

$500

$600

$700

$800

$900


In T

ho

usa

nds

of

$

Source: City of Ft Payne

40

79

NEAZ: Retail Sales/Use Tax

FY 05-06 – FY 12-13

Gadsden in $ Millions

$24.6 $25.1

$26.1

$24.7 $24.2

$24.7

$26.1 $26.4

$22

$24

$26

$28

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Gadsden

80

NEAZ: Retail Sales/Use Tax

YTD = $13,127,043

Gadsden

$2.08 $1.95

$2.54 $2.68

$1.85

$2.12

$1.0

$1.5

$2.0

$2.5

$3.0


In M

illi

ons

of

$

Source: City of Gadsden

41

81


Tax FY 05-06 – FY 12-13

Guntersville in $ Millions

$7.07

$9.78 $9.78 $9.50

$9.78 $9.64 $10.26 $10.30

$6

$7

$8

$9

$10

$11

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

Source: City of Guntersville

82


Tax YTD = $5,232,916

Guntersville

$817.84 $843.68

$977.82 $1,021.33

$754.57

$817.68

$600

$700

$800

$900

$1,000

$1,100


In T

ho

usa

nds

$

Source: City of Guntersville

42

83


Tax FY 05-06 – FY 12-13

Rainsville in $ Millions

Source: City of Rainsville

$1.75

$2.00

$2.21 $2.08 $2.14

$2.39

$2.65 $2.67

$1.2

$1.6

$2.0

$2.4

$2.8

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In M

illi

ons

of

$

84


Tax YTD = $1,258,360

Rainsville

Source: City of Rainsville

$186 $202

$229 $208

$173

$260

$100

$200

$300


In T

ho

usa

nds

of

$

43

85


Tax FY 05-06 – FY 12-13

Southside in $ Thousands

$781 $760 $762

$867 $906 $902

$963 $994

$600

$850

$1,100

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13

In T

ho

usa

nds

of

$

Source: City of Southside

86


Tax YTD = $456,172

Southside

$77.21 $74.14

$85.33 $82.20

$64.65

$72.64

$60

$70

$80

$90


In T

ho

usa

nds

of

$

Source: City of Southside

44

87

State of Alabama Update

• Workforce

Dynamics

• Construction and

Housing

• Manufacturing

• Energy

• Strategic Drivers

• Education

• Achievemens 2003

• Other Issues

88

Atlas Van Lines

Moving Trends Map 2013

Source: Atlas Van Lines Migration Patterns study 2013

45

Workforce Dynamics

Population for Alabama

2002-2013 in Millions


4.37 4.38 4.41

4.554.59

4.634.67

4.70

4.78 4.804.82 4.83

4.3

4.5

4.7

4.9

5.1

02 03 04 05 06 07 08 09 10 11 12 13

in 1

,00

0,0

00

89

Percent Population Change

Regional Comparison

2000-2010

9.77.5

9.1

17.618.3

1.4

4.3

18.5

15.3

11.5

20.6

0

4

8

12

16

20

24

US AL AR FL GA LA MS NC SC TN TX

% P

op C

han

ge

Source: U.S. Census Bureau 90

46

1.5

1.6

1.7

1.8

1.9

2.0

2.1

Em

plo

ym

ent

in M

illi

on

s

Alabama Non-Farm

Employment 1990 – Mar 2014

Source: BLS, Alabama Dept. of Industrial Relations 91

2.03

1.91

Alabama Employment by

Sector 1990 – Mar 2014

100

200

300

400

1990 1994 1998 2002 2006 2010 2014

Em

plo

ym

ent

in 1

,00

0s

Professional/BusinessEducation/HealthGovernmentManufacturing

Source: BLS, Alabama Dept. of Industrial Relations 92

Gov

47

Alabama – Gross Domestic

Product 2001 – 2013

119124

130

142

151159

165170

166173

179184 187

$110

$130

$150

$170

$190

01 02 03 04 05 06 07 08 09 10 11 12 13

In $

Bil

lion

s

Source: Bureau of Economic Analysis 93

5

15

25

35

1997 2000 2003 2006 2009 2012

GovernmentManuf-AllEducation/HealthRetail TradeConst

Source: U.S. Bureau of Economic Analysis (BEA)

Alabama – Components of

GDP $Billions of Current

Dollars 1997 - 2012

94

$Billion

48

Alabama vs. U.S.

Value Added Activities

Share of GDP 2013

10.8%

8.5%7.4%

16.2%

8.0%

5.8% 6.0%6.6%

8.0%6.8%

0%

3%

6%

9%

12%

15%

18%

Non-Durable

Manuf

Durable

Goods

Manuf

Retail Trade Government Edu &

Health

Per

cen

t o

f G

DP U.S.

Ala

Source: U.S. Dept. of Commerce, Alabama Economic Outlook 95

Source: BLS

Total U.S. Non-

Farm Employment

1946 – April 2014 in Millions

20

40

60

80

100

120

140

160

1946 1954 1962 1970 1978 1986 1994 2002 2010

Emp

loye

d in

Mill

ion

s

137.6

2007 2014

138.3

129.8

96

49

U.S. Employment by Sector

1981 – Apr 2014 in Millions

5

10

15

20

25

1981 1986 1991 1996 2001 2006 2011

Em

plo

ym

ent

in M

illi

on

s

Goods Manuf.

Prof/Bus Edu/Health

Gov

Source: Bureau of Economic Analysis, Bureau of Labor Statistics 97

Gov

U.S. Employment Statistics

1980 – 2013

0.0

2.0

4.0

6.0

8.0

10.0

100

110

120

130

140

150

160

1990 1994 1998 2002 2006 2010

Perc

ent

Milli

on

s

Employed(million)

Labor Force (million)

Unemployed Rate (percent)

Per

cent

Source: Bureau of Economic Analysis, Bureau of Labor Statistics 99

154.3 155.3

‘162.5’

50

U.S.

Employment–Population

Ratio 1975 - April 2014

54

56

58

60

62

64

66

1975 1981 1987 1993 1999 2005 2011

Per

cen

t of

Popu

lati

on

Em

plo

yed

Source: Bureau of Labor Statistics

58.9%

64.4%

Portion of working age Pop’n employed

100

Alabama

Employment–Population

Ratio 1982 – 2013

48

52

56

60

64

68

1981 1985 1989 1993 1997 2001 2005 2009 2013

% o

f Po

pula

tion

Em

ploy

ed

Source: Alabama Dept. of Industrial Relations, U.S. Bureau of Labor Statistics

53.0%

64.4%

101

51

Source: BLS, Social Security Admin.

55

57

59

61

63

65

67

69

1950 1957 1964 1971 1978 1985 1992 1999 2006 2013

Par

tici

pat

ion R

ate

Per

cent

67.1%

63.362.8%

102

U.S. Labor Participation

Rate 1946 – April 2014

Participation Rate= Pop’n 16-65 Working/Looking for work Total of Pop’n of same age group

Unemployment Rate for

Alabama 2004 – 2013


5.1%

3.8% 3.5% 3.5%

5.4%

9.8% 9.9% 9.5%

7.3%6.3%

2%

4%

6%

8%

10%

04 05 06 07 08 09 10 11 12 13

% U

nem

plo

yed

Seasonally Adjusted

103

52


7.5%

6.3%

6.9%

6.9%

5%

6%

7%

8%

9%

Apr13 June Aug Oct Dec Feb Apr14

Per

cen

t

Alabama

United States

Seasonally Adjusted

Source: Bureau of Labor Statistics, Alabama Dept. of Industrial Relations

Unemployment Rate for

Alabama vs. United States

Mar 2013 – Mar 2014

104

U.S. Unemployment

2001-April 2014

Source: Bureau of labor Statistics

4

8

12

16

20

01 02 03 04 05 06 07 08 09 10 11 12 13 14

Unemployed - Millions

Unemployment Rate -

Percent

9.6

6.3

14.3

9.8

105

53

Unemployment Rate

Regional - April 2014

6.3

6.96.6

6.2

7

4.5

7.5

6.2

5.3

6.3

5.2

4

4.5

5

5.5

6

6.5

7

7.5

8

US AL AR FL GA LA MS NC SC TN TX

Unem

plo

ym

ent

Rat

e P

erce

nt

Source: Bureau of Labor Statistics BLS, Chief Executive Magazine

* * *

*

*Top Business States 2014

106

*

6.3

2.63.3 3.6

3.8 3.7

7.4 7.77.8 7.9 8.0

2

3

4

5

6

7

8

9

US ND VT NE SD WY MI KT CA IL NV

Un

emplo

ym

ent

Rat

e

Per

cen

t

Source: BLS

107

Unemployment Rates

Lowest and Highest States

April 2014

54

U.S. Average Weeks

Unemployed

1982 – April 2014

10

15

20

25

30

35

40

45

1982 1988 1994 2000 2006 2012

Nu

mber

of

Wee

ks

Source: Bureau of Labor Statistics 108

40.7 37.1

‘ Challenges Today’

Economic Strategic Drivers

Construction and Housing

109

55

3.0

3.5

4.0

4.5

5.0

5.5

6.0

6.5

7.0

7.5

8.0

1982 1988 1994 2000 2006 2012

Em

plo

ym

ent

in M

illi

on

s

Source: Bureau of Economic Analysis (BEA), BLS

6.0

7.7

110

5.4

U.S. Construction Employment

1982 – April 2014

Alabama Construction

Employment

1990 – April 2014

60

80

100

120

1990 1995 2000 2005 2010

Em

plo

ym

ent

in T

hou

san

ds

Source: Bureau of Labor Statistics 111

112.7

78.5

73.7

56

Housing Statistics for Alabama

Mar 2013 vs. Mar 2014

Source: Alabama Center for Real Estate

Mar 2013 Mar 2014 % Change

Total Homes

Sold 3542 3596 1.52%

Avg. Selling

Price $148,773 $150,490 1.15%

Days on

Market 179 157 -12.29%

Units Listed 32,276 32,560 0.88%

112

Source: Bureau of Economic Analysis (BEA), U.S. Census Bureau

1980 1984 1988 1992 1996 2000 2004 2008 2012

GDP and Building Permits

U.S. and Ala 1980-2013

GDP

0%

U.S. GDP %

U.S. Permits (mil)

Ala Permits (1000)

113

57


0.0

0.3

0.6

0.9

1.2

1.5

1.8

2.1

2.4

2.7

3.0

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Total Units

Single Unit

Multi Units 5+

Million

2,155,300

1,682,000

389,000

341,000

620,000

990,000

Peak

U.S. Building Permits

Privately-Owned Housing Units 2003-2013

114


0.0

3.0

6.0

9.0

12.0

15.0

18.0

21.0

24.0

27.0

30.0

33.0

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Total Units

Single Unit

Multi Units 5+

(000)32,034

24,654

7547

11763

2189

9278

Ala. Building Permits for

Privately-Owned Housing Units

2003-2013

115

58


9

11

13

15

17

19

1990 1993 1996 1999 2002 2005 2008 2011 2014

Housing Vacancies

U.S. 1990 – Qt1 2014

Total Number of Units Vacant

(millions)

Units Vacant

(Percent)

116

18.8 18.3

14.4% 13.8%

Percent



Manufacturing

Autos

117

59

0

5

10

15

20

25

80 84 88 92 96 00 04 08 12

In M

illi

on

s

U.S. Light Vehicle Sales

1980- 2013 in Millions

Source: U.S. Dept. of Commerce, BEA 118

-10-505101520253035404550

10

30

50

70

90

110

130

150

1967 1975 1984 1993 2002 2010

Per

cent

Cha

nge

in G

DP

Tho

usan

ds

of

Uni

ts/Q

uart

er

Source: BEA

12

18 18 36 24 15 30 MO

GDP

%Change/Qtr

Truck Sales

(000)/Qtr

U. S. Heavy Trucks Sales

(Class 4-8) 1967 – Qtr1-2014

Thousands of Units/Quarter Sales (000)

GDP

Percent

2.5 %

119

60

Source: U.S. ESA, Federal Reserve System, Int. Org. of Motor Vehicle Manuf. (OICA)

0

2

4

6

8

10

12

14

1986 1989 1992 1995 1998 2001 2004 2007 2010 2013

U.S. Motor Vehicle

Car & Lt. Truck Production

1986 – 2013 Millions

Total for All Auto Manufacturers

(millions)

Total Foreign-Affiliated Mfg.

(millions)

120

12.60

10.79

4.96

2.51

Millions

0

3

6

9

12

15

1990 1994 1998 2002 2006 2010 2014

U.S. Motor Vehicles

and Parts Manufacturing

Employment: 1990 – April 2014

In 1

00

s o

f T

ho

usa

nds

121

842,300

1,313,000

Source: U.S. BLS, BEA,

61

U.S. Majority-Owned

Foreign Affiliates Operations Including

Automobiles (Employees in Millions)

50

75

100

125

150

175

200

0

2

4

6

8

10

12

$B

illio

ns

Emp

loye

es (M

illio

ns)

Millions of Employees

$Billions Cap Investment(est.)

Source: Bureau of Economic Analysis (BEA) 122

Alabama Motor Vehicle

Production 2004 -2013

123 Source: Economic Development Partnership of Alabama (EDPA), Alabama Automotive Manufacturers

Association (AAMA)

0

200

400

600

800

1000

04 05 06 07 08 09 10 11 12 13

In T

ho

usa

nds

915

62

Source: U. S. BEA, BLS

0

5

10

15

20

25

1990 1993 1996 1999 2002 2005 2008 2011 2014

Em

ploy

men

t in

10

00

sAlabama Motor Vehicle

and Parts Employment

1990 – Mar 2014

Employment –

Vehicle Manuf

(000)

Employment – Parts

Manuf (000)

124

MB

Honda Hyundai

IH Toyota

23.4

11.5

Source: Economic Development Partnership of Alabama

Auto and

Light Truck

Southeast Auto

Industry

*Assembles Dodge Sprinter vans

65

85

20

55

85

Heavy Truck

Freightliner Custom Chassis

Peterbilt

65

Nissan GM

BMW

Mercedes

GM

GM

GM

Ford Toyota

Freightliner

Freightliner

Volvo/Mack Trucks

Nissan

Honda

Kia

65

20

Hyundai

Sprinter

Ford

59

Volkswagen

Toyota 22

125

63

Source: 2007 EDPA Automotive Database

Automotive Industry Clusters

in Alabama

Legend

Concentration of Automotive Suppliers

Suppliers by Zip Code

1

2

3

4 - 6

7 - 11

20

59

65

59

20

65

85

10

There are more than 383 Automotive Companies and Suppliers in Alabama.

126



Energy

127

64

U.S. Vehicle-Miles Traveled vs.

Year-over-Year Percent Changes

1970-2013

Including Automobiles

-4.00

-2.00

0.00

2.00

4.00

6.00

8.00

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

1970 1976 1982 1988 1994 2000 2006 2012

Source: U.S. DOT, FHWA

Miles Traveled (Trillions)

Year to Year %

Change (Miles Traveled)

Trillions of

Miles Traveled

Yr. to Yr.

Percent

Change

1997-2007

Miles Traveled Increase at a

Decreasing Rate %

128

80

90

100

110

120

130

140

150

1977 1982 1987 1992 1997 2002 2007 2012

Billi

on

s of

Gal

lon

s

Source: EIA

U.S. Gasoline Consumption

Billions of Gallons

1977 - 2013

CAFÉ 1985 – 27.5 mpg

2016 – 35.5 mpg

2025 – 54.5 mpg

142.3

134.4

By 2022

Renewable Use Req (EISA)

36 Billion GallonsTotal, Corn

65

130

Motor Vehicle Renewable

Fuel Blending Requirements

2002-2012-2022

Source: U.S. EIA

0

5

10

15

20

25

30

35

40

02 04 06 08 10 12 14 16 18 20 22

Renewable Billions of

Gallons

Blend Wall

10 %

Ethanol

EISA

Required By 2022

16 Bil gal Cellulosic

5 Bil Gal Biodiesel

Corn

66

132

Alabama Shale-Gas Development

Neal (Floyd) Shale

(Mississippian)

Devonian Shale

Conasauga Shale

(Cambrian)

Economic Strategic

Drivers Natural Gas /Fuel Question?

Possible Major Player Rail and Truck

Conversion Cost?

Clean-Air Regs - Add Regs. 2014 & 2017

Natural Gas Price Stability?

Early Adopters – Bus Fleets, Trash Trucks

133

67

TRANSFORMATION

Drivers of Strategic Change

The Locomotive Industry Today

LNG ?

GE

134

Alabama Aerospace

Source: nasa.gov, airbus.com

Airbus A320 Delta Atlas V

135

68

State of Alabama

Summary

• Population Census Up

• Regional Pop Growth

low

• Employment Improving

• Unemployment Rate

Improved

• Education Regional Avg.

• Income Regional Avg.

• Auto Base Growing

• Auto Fuel Uncertainty

• Housing Stable

• Workforce

Participation

• Population Ratio Trend

• Industry Growth

Opportunities

136

NEAZ & Alabama:

Summary • Population Census Up

• Regional Pop Growth

Steady

• Employment Up

• Education Regional

Avg.

• Income Regional Avg.

• Housing Improved

• Electricity Cost Average

• Auto Base Growing

• Auto Fuel Uncertainty

• Workforce

Demographic

• Population Ratio Trend

137

...OnTheMapInflow/Outflow ReportAll Jobs for All Workers in 2011Created by the U.S. Census Bureau’s OnTheMap http://onthemap.ces.census.gov on 05/05/2014

Inflow/Outflow Counts of All Jobs for Selection Area in 2011

All Workers

Map Legend

Selection Areas. Analysis Selection

Inflow/Outflow. Employed and Live in Selection Area

. Employed in Selection Area, LiveOutside

. Live in Selection Area, EmployedOutsideNote: Overlay arrows do not indicatedirectionality of worker flow betweenhome and employment locations.

Page 1 of 3

http://onthemap.ces.census.gov


All Workers

Worker Flows

2,400 - Employed in SelectionArea, Live Outside5,396 - Live in Selection Area,Employed Outside2,616 - Employed and Live inSelection Area


All Workers

2011Worker Totals and Flows Count Share

Employed in the Selection Area 5,016 100.0Employed in the Selection Area but Living Outside 2,400 47.8Employed and Living in the Selection Area 2,616 52.2

Living in the Selection Area 8,012 100.0Living in the Selection Area but Employed Outside 5,396 67.3Living and Employed in the Selection Area 2,616 32.7

Page 2 of 3

Additional Information

Analysis Settings

Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2011Job Type All JobsSelection Area Cherokee County, AL from CountiesSelected Census Blocks 2,497Analysis Generation Date 05/05/2014 14:46 - OnTheMap 6.2Code Revision a12f12cf37f990b17ae7dd6623f608d9384e8f29LODES Data Version 20130430

Data Sources

Source: U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics (Beginning of QuarterEmployment, 2nd Quarter of 2002-2011).

Notes

1. Race, Ethnicity, Educational Attainment, and Sex statistics are beta release results and are not available before 2009.2. Educational Attainment is only produced for workers aged 30 and over.3. Firm Age and Firm Size are not available before 2011.4. Firm Age is only available for All Private Jobs and only for Work areas.5. Firm Size is only available for All Private Jobs and only for Work areas. For firms 1 year and older, firm size is the national sizeof the firm in March of the previous year.

Page 3 of 3



All Workers

Map Legend





Page 1 of 3



All Workers

Worker Flows



All Workers




Page 2 of 3


Analysis Settings

Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2011Job Type All JobsSelection Area DeKalb County, AL from CountiesSelected Census Blocks 4,435Analysis Generation Date 05/05/2014 14:54 - OnTheMap 6.2Code Revision a12f12cf37f990b17ae7dd6623f608d9384e8f29LODES Data Version 20130430

Data Sources


Notes


Page 3 of 3



All Workers

Map Legend





Page 1 of 3



All Workers

Worker Flows



All Workers




Page 2 of 3


Analysis Settings

Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2011Job Type All JobsSelection Area Etowah County, AL from CountiesSelected Census Blocks 5,044Analysis Generation Date 05/05/2014 14:50 - OnTheMap 6.2Code Revision a12f12cf37f990b17ae7dd6623f608d9384e8f29LODES Data Version 20130430

Data Sources


Notes


Page 3 of 3



All Workers

Map Legend





Page 1 of 3



All Workers

Worker Flows



All Workers




Page 2 of 3


Analysis Settings

Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2011Job Type All JobsSelection Area Marshall County, AL from CountiesSelected Census Blocks 4,364Analysis Generation Date 05/05/2014 14:56 - OnTheMap 6.2Code Revision a12f12cf37f990b17ae7dd6623f608d9384e8f29LODES Data Version 20130430

Data Sources


Notes


Page 3 of 3

Percent18.7%13.0%9.9%

17.7%17.9%13.7%5.7%2.0%1.4%

Number Percent1,390 5.2%1,524 5.7%1,630 6.1%1,670 5.7%1,258 4.4%2,543 9.9%3,380 12.1%4,020 13.6%3,923 16.2%2,909 14.0%1,363 5.4%

379 1.6%

Number Percent24,081 92.2%1,208 4.5%

135 0.6%54 0.2%1 0.0%

123 0.8%387 1.7%

320 2.2%

Made with Esri Business Analyst

©2014 Esri www.esri.com/ba 800-447-9778 Try it Now! Page 1 of 2

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017.

May 13, 2014

Hispanic Origin (Any Race) 1.2% 393 1.5% 566Data Note: Income is expressed in current dollars.

Two or More Races 1.5% 396 1.5% 438

Pacific Islander Alone 0.0% 1 0.0% 1Some Other Race Alone 0.5% 149 0.6% 214

American Indian Alone 0.5% 135 0.5% 145Asian Alone 0.2% 54 0.2% 56

White Alone 92.7% 24,043 92.5% 24,139Black Alone 4.6% 1,203 4.6% 1,181

Census 2010 2012 2017 Race and Ethnicity Percent Number Percent Number

75 - 84 5.2% 1,351 5.2% 1,41185+ 1.5% 394 1.5% 410

55 - 64 15.1% 4,082 15.7% 4,24365 - 74 11.2% 3,089 11.9% 3,674

35 - 44 13.0% 3,272 12.6% 3,17345 - 54 15.5% 3,884 14.9% 3,565

20 - 24 4.8% 1,273 4.9% 1,16225 - 34 9.8% 2,576 9.9% 2,581

10 - 14 6.3% 1,594 6.1% 1,59715 - 19 6.4% 1,581 6.1% 1,497

0 - 4 5.3% 1,378 5.3% 1,3705 - 9 5.9% 1,507 5.8% 1,491

Census 2010 2012 2017 Population by Age Percent Number Percent Number

Average Household Income $49,852 $52,748Per Capita Income $20,549 $21,778

Median Household Income $37,971 $40,827

$150,000 - $199,999 202 1.9% 210$200,000+ 151 1.4% 152

$75,000 - $99,999 1,381 13.0% 1,471$100,000 - $149,999 577 5.4% 609

$35,000 - $49,999 1,771 16.7% 1,898$50,000 - $74,999 1,690 15.9% 1,922

$15,000 - $24,999 1,672 15.7% 1,389$25,000 - $34,999 1,080 10.2% 1,065

Households by Income Number Percent Number



May 13, 2014Made with Esri Business Analyst

2012 Percent Hispanic Origin: 1.5%

Cherokee County, AL (01019)Geography: County

Demographic and Income ProfileCherokee County, AL_6

AreaStateUSA

Trends 2012-2017

Population Households Families Owner HHs Median HH Income

Ann

ual R

ate

(in

perc

ent)

2.82.62.42.2

21.81.61.41.2

10.80.60.40.2

0

20122017

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

16

14

12

10

8

6

4

2

0

2012 Household Income

Percent21.5%15.2%12.8%14.9%19.0%8.7%5.3%1.6%0.9%

Number Percent5,046 7.0%5,199 7.2%5,043 7.0%5,021 6.4%3,883 5.1%9,043 12.9%9,658 12.8%9,714 12.2%8,627 13.2%5,715 10.2%3,118 4.5%1,042 1.6%

Number Percent60,087 80.5%1,078 2.5%

969 1.4%203 0.4%147 0.2%

7,051 12.5%1,574 2.4%

9,690 16.9%




May 13, 2014

Hispanic Origin (Any Race) 13.6% 10,131 14.3% 12,129Data Note: Income is expressed in current dollars.

Two or More Races 2.2% 1,600 2.3% 1,725

Pacific Islander Alone 0.2% 143 0.2% 154Some Other Race Alone 9.9% 7,369 10.4% 8,961

American Indian Alone 1.4% 969 1.4% 1,034Asian Alone 0.3% 218 0.3% 265



75 - 84 4.4% 3,095 4.4% 3,26485+ 1.5% 1,087 1.5% 1,144

55 - 64 12.1% 8,982 12.7% 9,43965 - 74 8.0% 6,073 8.6% 7,300

35 - 44 13.6% 9,358 13.2% 9,20345 - 54 13.7% 9,386 13.2% 8,721

20 - 24 5.5% 3,934 5.5% 3,63225 - 34 12.7% 9,166 12.9% 9,290

10 - 14 7.1% 4,938 7.0% 5,00415 - 19 7.1% 4,760 6.7% 4,562

0 - 4 7.1% 5,009 7.1% 5,0415 - 9 7.3% 5,144 7.3% 5,152




$150,000 - $199,999 384 1.4% 433$200,000+ 237 0.9% 244

$75,000 - $99,999 1,976 7.3% 2,362$100,000 - $149,999 1,302 4.8% 1,430

$35,000 - $49,999 4,218 15.6% 4,027$50,000 - $74,999 4,289 15.9% 5,148

$15,000 - $24,999 4,979 18.5% 4,105$25,000 - $34,999 3,553 13.2% 3,473






DeKalb County, AL (01049)Geography: County

Demographic and Income ProfileDeKalb County, AL

AreaStateUSA

Trends 2012-2017


Ann

ual R

ate

(in

perc

ent)

2.82.62.42.2

21.81.61.41.2

10.80.60.40.2

0

20122017

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

131211109876543210


Percent20.7%12.2%12.1%16.0%18.1%9.5%9.0%1.3%1.0%

Number Percent6,140 5.8%6,540 6.1%6,905 6.5%7,224 6.2%6,070 5.4%

12,046 11.7%13,956 12.6%14,894 12.7%14,147 14.6%9,097 11.0%5,475 5.4%1,936 2.0%

Number Percent83,823 78.2%15,796 15.7%

448 0.5%672 0.8%171 0.2%

1,975 3.0%1,545 1.7%

3,447 5.1%




May 13, 2014


Two or More Races 1.5% 1,604 1.5% 1,805





75 - 84 5.2% 5,447 5.2% 5,66585+ 1.9% 2,032 1.9% 2,126

55 - 64 13.5% 14,779 14.1% 15,38265 - 74 8.7% 9,698 9.3% 11,553

35 - 44 13.4% 13,581 13.0% 13,23245 - 54 14.3% 14,457 13.8% 13,315

20 - 24 5.8% 6,167 5.9% 5,66125 - 34 11.5% 12,241 11.7% 12,290

10 - 14 6.6% 6,786 6.5% 6,81215 - 19 6.9% 6,887 6.6% 6,553

0 - 4 5.9% 6,117 5.8% 6,0985 - 9 6.3% 6,494 6.2% 6,443




$150,000 - $199,999 478 1.1% 569$200,000+ 395 0.9% 421

$75,000 - $99,999 3,361 8.0% 4,038$100,000 - $149,999 3,380 8.0% 3,823

$35,000 - $49,999 7,057 16.7% 6,760$50,000 - $74,999 6,082 14.4% 7,672

$15,000 - $24,999 6,554 15.5% 5,152$25,000 - $34,999 5,934 14.1% 5,138






Etowah County, AL (01055)Geography: County

Demographic and Income ProfileEtowah County, AL_4

AreaStateUSA

Trends 2012-2017


Ann

ual R

ate

(in

perc

ent)

2.82.62.42.2

21.81.61.41.2

10.80.60.40.2

0

20122017

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14131211109876543210


Percent21.7%11.5%11.7%14.9%18.7%9.6%7.8%1.9%2.1%

Number Percent6,546 7.0%6,362 6.7%6,341 6.7%6,568 6.4%5,584 5.6%

11,364 12.4%12,179 12.4%13,008 12.4%11,205 13.0%8,013 10.9%4,456 5.0%1,393 1.6%

Number Percent81,464 83.5%1,494 3.0%

706 0.8%478 0.7%103 0.1%

7,210 10.0%1,564 1.9%

11,238 15.4%




May 13, 2014


Two or More Races 1.7% 1,632 1.7% 1,864





75 - 84 4.8% 4,464 4.8% 4,82485+ 1.5% 1,465 1.6% 1,576

55 - 64 12.0% 11,777 12.6% 12,69765 - 74 8.6% 8,598 9.2% 10,612

35 - 44 13.1% 11,911 12.7% 12,03845 - 54 14.0% 12,683 13.5% 12,091

20 - 24 6.0% 5,709 6.1% 5,40925 - 34 12.2% 11,618 12.4% 12,080

10 - 14 6.8% 6,269 6.7% 6,51915 - 19 7.1% 6,290 6.7% 6,187

0 - 4 7.0% 6,561 7.0% 6,7755 - 9 6.8% 6,355 6.8% 6,532




$150,000 - $199,999 631 1.7% 723$200,000+ 746 2.1% 791

$75,000 - $99,999 2,945 8.1% 3,580$100,000 - $149,999 2,661 7.3% 2,921

$35,000 - $49,999 5,773 15.9% 5,584$50,000 - $74,999 5,713 15.7% 6,992

$15,000 - $24,999 5,112 14.1% 4,311$25,000 - $34,999 4,440 12.2% 4,388






Marshall County, AL (01095)Geography: County

Demographic and Income ProfileMarshall County, AL

AreaStateUSA

Trends 2012-2017


Ann

ual R

ate

(in

perc

ent)

2.82.62.42.2

21.81.61.41.2

10.80.60.40.2

0

20122017

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

131211109876543210


Documents

Center for Economic Development and Business Research NEAZ Full PDF Report.pdf · 2018. 8. 7. · ECONOMIC UPDATE ANALYSIS OF THE NORTHEAST ECONOMIC ACTIVITY ZONE Prepared by: Center