Mid-Year Update: OUTLOOK 2012
Alabama Metropolitan Areas
Tables and Graphs
Nonfarm Employment, May 2012
Total
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Net Jobs in Metropolitan Areas
Net Jobs in Nonmetro Counties
May
2012
1,881,100
48,000
53,000
489,900
54,400
57,400
56,300
36,200
204,900
176,100
166,500
92,600
Change from May 2011
Number
Percent
4,500
0.2
-800
-1.6
-400
-0.7
-1,000
-0.2
-100
-0.2
-200
-0.3
1,300
2.4
100
0.3
-3,600
-1.7
-600
-0.3
-2,000
-1.2
-1,800
-1.9
-9,100
13,600
Note: Nonfarm employment (jobs) is by place of work.
Source: Alabama Department of Industrial Relations.
Manufacturing
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
May
2012
240,100
5,700
5,800
35,500
12,300
4,900
7,800
5,100
21,100
16,500
16,500
12,900
Change from
May 2011
2,900
0
0
500
100
-100
100
0
-1,100
500
-700
100
Percent of
Area Jobs
12.8
11.8
10.5
7.3
22.8
8.7
13.8
14.5
10.2
9.4
10.0
13.9
Source: Alabama Department of Industrial Relations.
Center for Business and Economic Research | The University of Alabama
1
Services Employment
Change from May 2011
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
May
2012
696,400
17,100
16,800
194,700
18,500
21,200
21,000
16,200
88,800
71,800
61,600
28,300
Total
17,300
0
0
1,800
700
100
1,000
300
-1,800
900
600
-100
Professional
and Business
5,100
-100
0
1,200
400
-200
200
200
-3,100
300
900
-100
Educational
and Health
2,700
0
0
-400
100
100
300
100
300
400
-200
0
Leisure and
Hospitality
7,100
100
0
1,100
0
200
300
100
800
100
0
-100
Source: Alabama Department of Industrial Relations.
Unemployment Rate
7.9
United States
8.7
7.5
Alabama
8.9
7.9
Anniston-Oxford
9.3
6.5
Auburn-Opelika
7.5
6.8
Birmingham-Hoover
8.2
7.5
Decatur
8.7
7.0
Dothan
8.1
6.8
Florence-Muscle Shoals
8.1
7.3
Gadsden
9.0
6.5
Huntsville
7.5
8.5
Mobile
9.9
7.6
Montgomery
8.8
7.3
Tuscaloosa
8.8
8.1
Pensacola, FL
9.3
May 2012
May 2011
Source: Alabama Department of Industrial Relations.
Center for Business and Economic Research | The University of Alabama
2
Labor Force
Total Employment
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
May
2012
1,989,464
48,507
62,156
483,986
66,772
59,810
65,567
41,908
193,851
173,406
155,363
91,449
Change from May 2011
Number
Percent
-11,372
-0.6
-561
-1.1
-624
-1.0
-3,161
-0.6
-297
-0.4
168
0.3
1,365
2.1
135
0.3
-4,341
-2.2
-1,173
-0.7
-2,124
-1.3
-1,815
-1.9
Source: Alabama Department of Industrial Relations.
Civilian Labor Force
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
May
2012
2,150,502
52,670
66,473
519,109
72,208
64,330
70,387
45,226
207,366
189,613
168,088
98,691
Change from May 2011
Number
Percent
-44,981
-2.0
-1,418
-2.6
-1,372
-2.0
-11,541
-2.2
-1,254
-1.7
-553
-0.9
493
0.7
-689
-1.5
-6,817
-3.2
-4,243
-2.2
-4,534
-2.6
-3,542
-3.5
Source: Alabama Department of Industrial Relations.
Population
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
7/1/2011
4,785,401
118,510
140,780
1,128,978
153,968
146,010
147,112
104,462
419,181
413,277
375,284
219,731
Number
Change
17,339
-713
2,688
3,286
102
552
181
-159
6,299
-700
3,324
1,822
Percent
Change
0.4
-0.6
1.9
0.3
0.1
0.4
0.1
-0.2
1.5
-0.2
0.9
0.8
Source: U.S. Census Bureau, Population Estimates Division.
Center for Business and Economic Research | The University of Alabama
3
Gross Domestic Product
100%
(Millions of current dollars)
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Percent Change
2001 to
2009 to
2010
2010
45.4
3.4
54.2
1.4
65.5
1.7
34.4
2.2
35.7
4.3
43.6
2.3
52.8
5.7
37.7
3.2
77.7
5.7
50.9
4.0
42.7
2.1
77.5
6.6
2010
172,567
3,734
3,638
53,834
4,882
4,606
4,111
2,640
20,900
15,835
14,934
8,859
Percent
of State
2010
100.0
2.2
2.1
31.2
2.8
2.7
2.4
1.5
12.1
9.2
8.7
5.1
Source: Bureau of Economic Analysis, U.S. Department of Commerce.
Rest of state
20.0
90%
80%
70%
Tuscaloosa, 5.1
Montgomery, 8.7
60%
Mobile, 9.2
50%
Huntsville, 12.1
Dothan
2.7
Decatur
30%
2.8
40%
20%
Auburn10% Opelika
2.1
0%
BirminghamHoover
32.0
Per Capita Income 2010
United States
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Percent Change
from 2009
2.8
2.6
1.2
1.5
2.2
0.6
2.4
4.0
3.5
2.5
3.9
2.3
2.2
Source: U.S. Bureau of Economic Analysis.
Average Annual Wage 2010
All Industries
United States
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Average
Wage
$45,230
39,180
35,640
37,670
41,690
37,630
34,700
34,320
33,330
49,070
39,190
39,020
38,240
FlorenceMuscle
Shoals
2.4
AnnistonOxford
2.2
Metro Percent of State GDP, 2010
Income and Wages
Per Capita
Income
$39,937
33,504
30,680
28,074
38,734
30,875
32,963
30,979
30,817
38,576
31,583
35,682
32,838
Gadsden
1.5
Percent
of State
115.4
100.0
91.0
96.1
106.4
96.0
88.6
87.6
85.1
125.2
100.0
99.6
97.6
Source: U.S. Bureau of Labor Statistics, Division of
Occupational Employment Statistics.
Center for Business and Economic Research | The University of Alabama
4
Median Family Income FY2011
United States
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Pensacola, FL
FY2011
$64,200
$54,600
$51,500
$60,600
$62,000
$55,200
$51,200
$53,000
$46,900
$70,800
$51,200
$59,300
$55,700
$58,400
Percent of
State median
117.6
100.0
94.3
111.0
113.6
101.1
93.8
97.1
85.9
129.7
93.8
108.6
102.0
107.0
Change
FY10-11
-0.3%
0.9%
1.2%
-0.7%
0.5%
-1.6%
-0.4%
0.8%
-1.5%
4.1%
1.4%
0.2%
-1.1%
FY2010
$64,400
$54,100
$50,900
$61,000
$61,700
$56,100
$51,400
$52,600
$47,600
$68,000
$50,500
$59,200
$56,300
57500
Note: Chilton and Walker counties are not included in the estimate for the Birmingham-Hoover metro and
Henry County is not included in the Dothan MSA estimate. Methodology was changed in FY2007
to more fully utilize ACS data and estimates cannot be compared with prior years.
Source: U.S. Department of Housing and Urban Development, Office of Economic Affairs.
Median Family Income, FY2011
United States
Alabama
Anniston-Oxford
$64,200
$54,600
$51,500
Auburn-Opelika
$60,600
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
$62,000
$55,200
$51,200
$53,000
$46,900
Huntsville
Mobile
Montgomery
Tuscaloosa
Pensacola, FL
$70,800
$51,200
$59,300
$55,700
$58,400
Note: Chilton and Walker counties are not included in the estimate for the Birmingham-Hoover metro and
Henry County is not included in the Dothan MSA estimate. Methodology was changed in FY2007
to more fully utilize ACS data and estimates cannot be compared with prior years.
Source: U.S. Department of Housing and Urban Development, Office of Economic Affairs.
Center for Business and Economic Research | The University of Alabama
5
Housing Industry
Residential Building Permits
Single-Family
Change
2011
from 2010
8,858
1,753
73
-26
739
116
1,795
232
103
-571
288
17
137
-18
82
-23
2,015
-260
706
-189
668
196
326
-26
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Multi-Family
Change
2011
from 2010
2,809
917
10
2
218
-130
567
206
0
-84
0
-50
103
26
17
17
4
4
835
704
304
-217
427
156
Note: Data are for permit-issuing places only.
Source: U.S. Census Bureau, Building Permits Survey.
Total Homes Sold
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
2011
36,982
967
1,132
9,808
1,086
1,025
1,194
632
4,272
3,296
2,774
1,743
Percent Change
from 2010
2.3
1.5
17.1
-0.8
-1.3
0.6
0.8
-2.0
-17.5
3.5
-12.0
11.6
Source: Alabama Center for Real Estate, The University of Alabama.
Percent Change in FHFA House Price Index
United States
Alabama
Anniston-Oxford
Auburn-Opelika
Birmingham-Hoover
Decatur
Dothan
Florence-Muscle Shoals
Gadsden
Huntsville
Mobile
Montgomery
Tuscaloosa
Q4 2011
to Q1 2012
-1.3
-1.1
1.9
-2.6
-2.4
-1.6
0.8
-0.7
1.4
0.8
-1.9
-2.5
-0.2
Q1 2011
to Q1 2012
-1.4
-0.6
0.5
-4.3
-1.5
-1.6
-1.7
0.5
4.0
0.5
-2.6
-4.9
2.2
Source: Federal Housing Finance Agency.
Center for Business and Economic Research | The University of Alabama
6