Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration 2008 Economic.

Slides:

Advertisements

Similar presentations

National Economic Conditions John Weinberg August 11, 2010.

Advertisements

National Economic Indicators Ray Owens May 20, 2014.

Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research December 2014.

Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration 2006 Economic.

Center for Business and Economic Research. 2 Not Seasonally Adjusted Seasonally Adjusted Civilian Labor Force2,108,6022,109,059 Percent Change from Year.

Overview of Health Care Coverage and Cost Trends in Minnesota Presentation to the State Budget Trends Study Commission April 22, 2008 Julie Sonier Director,

2009 Business Outlook Summit The Louisiana (and Northeast Louisiana) Economy Prepared and presented by: John Francis, PHD Assistant Professor of Economics.

2010 California Real Estate Market Forecast Fresno AOR Sara Sutachan Senior Research Analyst California Association of REALTORS® December 11, 2009.

CENTER FOR BUSINESS AND ECONOMIC RESEARCH, THE UNIVERSITY OF ALABAMA.

Tracking the Recovery December 12, Real Gross Domestic Product Source: Bureau of Economic Analysis via Haver Analytics.

The Economic Outlook for South Carolina and the Santee-Lynches Region May 3, 2012 Rob Salvino Coastal Carolina University.

The Missouri Economy: In Transition or Decline? David M. Mitchell Associate Professor –Dept. of Economics Director—Bureau of Economic Research and the.

Economic Update Economic Development Council of Seattle-King County Board Meeting February 27, 2014 Spencer Cohen Senior Economic Analyst.

November 2010 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including.

Economy and Revenue Forecast "What's in Store for the FY 2016 DC Budget?" Presentation to the DC Fiscal Policy Institute March 19,2015 Steven Giachetti:

The Long Road to Recovery Matthew N. Murray, Ph.D. July 1, 2009.

Emerging Growth: Mid- Decade Economic Trends University of North Texas Center for Economic Development and Research April 2015.

2015 Minnesota Economic Outlook January 6, minneapolisfed.org.

Market Overview January Total Single Family Sales for Jan-Nov 2007 vs vs vs Douglas and Sarpy Counties

Agricultural Economics Macroeconomic Situation and Outlook Fall 2003 Craig Infanger Larry Jones.

The Great Recession and Tennessee’s Revenue Outlook Bill Fox and Matt Murray UT’s Center for Business and Economic Research October 29, 2009.

March 2008 The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this report by any means, including facsimile.

Cochise College Center for Economic Research Economic Review & Outlook Bisbee, Arizona.

2013 Florida Legislative Overview UNITED WAY OF MIAMI-DADE 2013 FLORIDA LEGISLATIVE PREVIEW February 27, 2013 Presented by Ted Granger, President United.

Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.

Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.

Douglas Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.

The Missouri Economy Where have we been? Where are we? Where are we going? Dr. David Mitchell, Director Bureau of Economic Research Missouri State University.

Nebraska Economic Update and Housing Outlook NIFA’s Housing Innovation Marketplace Omaha, NE – January 27, 2010 January 27, 20101K. Edmiston, FRB KC.

Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration 2007 Economic.

The Great Economic Unraveling of : Impacts on the U.S. and Texas Bernard L. Weinstein, Ph.D. Cox School of Business Southern Methodist University.

Bernard L. Weinstein, Ph.D. Presentation to ISM-Dallas January 10, 2008 A Falling Dollar, $100 Oil, and the Sub-Prime Mess: Is a Recession Inevitable?

The Florida Legislature Office of Economic and Demographic Research Presented by: Florida: An Economic Overview February.

Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration 2009 Economic.

1 The Regional Economic Outlook Rae D. Rosen Senior Economist and Assistant Vice - President Federal Reserve Bank of New York January 5, 2006.

State Fiscal Outlook: Minnesota and the Nation ONE MINNESOTA January 25, 2012 Scott Pattison Executive Director National Association of State Budget Officers.

DBIA-MAR Luncheon February 19, 2013 The U.S. and Washington Area Economies’ Current Economic Performance and Near-Term Outlook Stephen S. Fuller, Ph.D.

Housing and Economic Outlook National Association of Local Housing Finance Agencies April 26, 2012 David Crowe Chief Economist.

COCHISE COLLEGE Center for Economic Research Economic Review & Outlook Douglas, AZ.

Overview of the Bureau of Economic Analysis Regional Accounts at the BEA Robert L. Brown Monitoring Mississippi: Data & Tools for Understanding Our State.

COCHISE COLLEGE Center for Economic Research Economic Review & Outlook Sierra Vista, AZ.

2013 Florida Legislative Overview FLORIDA ADVOCACY DAYS LEGISLATIVE BRIEFING TRINITY UNITED METHODIST CHURCH April 8, 2013 Presented by Ted Granger, President.

West Alabama Real Estate Summit Tuscaloosa, AlabamaAugust 24, 2012 Ahmad Ijaz Center for Business and Economic Research Culverhouse College of Commerce.

1 January 25, Nebraska Profile 2011 NEBRASKA PROFILE Ninth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

Public Procurement Outlook 2012 Presented by Brent Maas NIGP Marketing Director.

Northern Kentucky/Greater Cincinnati 2015 Forecast Cincinnati Consensus Forecasting Committee Prepared October 2014.

Briefing on the Regional Economy Rae D. Rosen Senior Economist Federal Reserve Bank of New York September 5, 2002.

Presented to 2009 Tennessee Federal Tax Conference William F. Fox, Director Center for Business and Economic Research The University of Tennessee, Knoxville.

1 January 27, Nebraska Profile 2010 NEBRASKA PROFILE Eighth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

Missouri Economic Update What to Expect in 2014 Dr. David Mitchell, Director Bureau of Economic Research.

Tennessee Economic Outlook Professor Matthew N. Murray UT Center for Business and Economic Research March 29, 2010.

Benson Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.

Economic Outlook Benson, AZ. Cochise College Center for Economic Research  Lower levels of production  Job losses/rising unemployment  Less income.

1. 2 THE ECONOMIC IMPACT OF ANNISTON ARMY DEPOT ON CALHOUN AND SURROUNDING COUNTIES 2003 Prepared by: William T. Fielding, Ph.D. Dean, College of Commerce.

Washington Area Compensation and Benefits Association February 21, 2013 Uncertain Economic Times: Impacts on Local DC, MD and VA Employers and Employees.

Tennessee and U.S. Economic Update and Outlook Matthew N. Murray, Ph.D. October 2015.

2013 Missouri Economic Forecast Dr. David Mitchell, Director Bureau of Economic Research.

Economic Outlook December 2014 Economic Policy Division.

1 The Economic Outlook for Connecticut Rae D. Rosen Senior Economist and Public Information Officer Federal Reserve Bank of New York January 21, 2004.

Governor's Office of State Planning and Budgeting Women's Forum of Colorado Henry Sobanet Office of State Planning and Budgeting February 4, 2015.

Real Estate Sales July Mobile & Baldwin County Single Family Residential Homes Sold - Trend DecFebAprJunAugOctDecFebAprJunAugOctNovDecJanFebMarAprMayJunJul.

1 READY BY 21 TASKFORCE Harford County Department of Community Services Local Management Board Housing Benchmark January 4, 2011.

Ann Battle Macheras Vice President, Regional Research and Economic Education Research Department National and Virginia Economic Update Mount Vernon-Lee.

Ahmad Ijaz Center for Business and Economic Research The University of Alabama 28 th Annual Economic Outlook Conference January 14, 2016.

Economic Policy Division

Strome College of Business

2009 Economic Update Judging the recent performance of the economy in Calhoun County and the State of Alabama changes significantly based upon your time.

Economic Update & Outlook Arizona State Board of Equalization

FINANCIAL REPORT 2nd Quarter FY

Presentation transcript:

Information provided by Jacksonville State University Center for Economic Development and College of Commerce and Business Administration 2008 Economic Update

1 Opening the Door to the Future Calhoun County Update State of Alabama Update Overview

Calhoun County 2007 Update 2 Member Survey Employment Unemployment County Gross Domestic Product Housing

3 Q#1: Your Comparison of this Year to Last Year 2008

4 Q#1: Your Comparison of this Year to Last

5 Q#2: Your Employment Outlook for Coming Year Year 2008

6 Q#2: Your Employment Outlook for Coming Year

7 Q#3: How Likely to Increase Employee Compensation in Coming Year Year 2008

8 Q#3: How Likely to Increase Emp Compensation in Coming Year

9 Population Trends Calhoun County Source: U.S. Census Bureau

10 Labor Force Calhoun County Source: U.S. Bureau of Labor Statistics *Jan-Nov 2007

11 Employment for Calhoun County Source: U.S. Bureau of Labor Statistics *Jan-Nov 2007

12 Unemployment Rate for Calhoun County Source: U.S. Bureau of Labor Statistics *Jan-Nov 2007

13 Unemployment for Calhoun County vs Alabama 2007 Source: U.S. Bureau of Labor Statistics

14 Alabama Unemployment Rates November 2006 State Ave – 3.6% Unemployment Rate 3.1% and Below 3.2% - 3.8% 3.9% and Above Source: AL Dept of Industrial Relations 3.4%

15 Unemployment Rate 3.3% and Below 3.4% - 4.4% 4.5% and Above Source: AL Dept of Industrial Relations 3.7% Alabama Unemployment Rates November 2007 State Ave – 3.5%

16 Calhoun County Gross Domestic Product in $ Billions Source: U. S. Bureau of Economic Analysis

17 Calhoun County Gross Domestic Product % Change Source: U. S. Bureau of Economic Analysis

18 Calhoun Housing Statistics Nov 2006 – Nov 2007 YTD Nov 2006YTD Nov 2007 % Change Total Homes Sold 1,2741, % Total Homes Listed 9,54911, % Avg Selling Price $132,592$135, % Avg Days on Market % Source: Alabama Real Estate Research & Education Center

19 Number of Home Sales Per Month Calhoun County Source: Alabama Center for Real Estate *Jan-Nov Avg - - -

20 Ave # of Days Homes on Market Calhoun County Source: Alabama Center for Real Estate *Jan-Nov Avg - - -

21 Anniston 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) 98% storage risk eliminated (M55 Rockets) 38% stockpile destroyed Source: Anniston Chemical Agent Disposal Facility

22 Calhoun County: Summing it Up Membership Survey-Guarded Population- Up Employment- Up Unemployment- Down YTD Nov 07 –Nov 06 vs Nov 07 up slightly –New record low in April 2007 (2.8%) Housing Market- Down –Down from record highs

23 State of Alabama Update BLCI Survey Demographics Economic Indicators Education Achievemens 2003 Other Issues 23

24 Alabama Business Leaders Confidence Index State Survey – 4 th Quarter 2007 Approximately 350 respondents

25 Alabama Economic Outlook Q compared to Q Source: Alabama Business Leaders Confidence Index Last Year

26 Alabama Economic Outlook Q compared to Q Source: Alabama Business Leaders Confidence Index This Year

27 Alabama Economic Outlook Q – Q Source: Alabama Business Leaders Confidence Index

28 Alabama Population in Millions Source: U.S. Census Bureau

29 Alabama High Inbound State January – December 2007 Source: United Van Lines Migration Study High Inbound High Outbound Balanced

30 Alabama Civilian Labor Force in Millions Source: Alabama Dept of Industrial Relations *Jan-Nov 2007

31 Alabama Employment in Millions Source: Alabama Dept of Industrial Relations *Jan-Nov 2007

32 Alabama Unemployment Source: U.S. Department of Labor *Jan-Nov 2007

33 Alabama Gross State Product in $Billions Source: U. S. Bureau of Economic Analysis

34 Alabama Gross State Product % Change Source: U. S. Bureau of Economic Analysis

35 Total Tax Revenue Alabama % Change FY thur FY *FY: Oct-Sept Source: Alabama Department of Revenue

36 Income Tax Revenue Alabama % Change FY thur FY *FY: Oct-Sept Source: Alabama Department of Revenue

37 Sales Tax Revenue Alabama % Change FY thur FY *FY: Oct-Sept Source: Alabama Department of Revenue

38 Tax Revenue Alabama % Change Dec 2006 Vs Dec 2007 Source: Alabama Department of Revenue

39 Alabama Housing Statistics Nov 2006 – Nov 2007 YTD Nov 2006YTD Nov 2007% Change Total Homes Sold 55,30652, % Avg Selling Price $156,535$157, % Avg Days on Market 123 0% Total Homes Listed 366,005451, % Source: Alabama Real Estate Research & Education Center

40 Number Home Sales Per Month Alabama Source: Alabama Center for Real Estate *Jan-Nov ,760 Avg - - -

41 Ave # of Days Homes on Market Alabama Source: Alabama Center for Real Estate *Jan-Nov Avg - - -

42 Outlook Survey- Guarded State Population- Up Labor Force- Flat Employment- Flat Unemployment- Flat Alabama Gross State Product – Up State Tax Revenues –Up, decreasing rate Housing Sales –Down from record highs State of Alabama: Summing it Up

43

44

45 To What Extent is Your Local Govt Supportive of Business?

46 State Survey: To What Extent is Your State Supportive of Business?

47 Alabama Industry Hiring Plans Q compared to Q Source: Alabama Business Leaders Confidence Index Last Year

48 Alabama Industry Hiring Plans Q compared to Q Source: Alabama Business Leaders Confidence Index This Year

49 Sales Tax Revenue Alabama % Change Calendar Yr 2006 vs 2007 Source: U. S. Bureau of Economic Analysis *FY: Oct-Sept 2.5% Avg - - -