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

2. 1 Serious Business Calhoun County Update State of Alabama Update Overview

3. Calhoun County 2009 Update 2 Member Survey County Gross Domestic Product Employment Unemployment Housing Calhoun County McClellan Development Authority 2

4. 3 Q#1: Your Comparison of this Years Economic Outlook to Last Year 2009

5. 4 Q#1: Your Comparison of this Years Economic Outlook to Last 2003-2009

6. 5 Q#2: Your Employment Outlook for Coming Year Year 2009

7. 6 Q#2: Your Employment Outlook for Coming Year 2003-2009

8. 7 Q#3: How Likely to Increase Employee Compensation in Coming Year Year 2009

9. 8 Q#3: How Likely to Increase Emp Compensation in Coming Year 2003-2009

10. Economic Indicators 9

11. 10 Population Trends Calhoun County 1999-2007 Source: U.S. Census Bureau

12. 11 Calhoun County Gross Domestic Product 2001-2006 in $ Billions Source: U. S. Bureau of Economic Analysis

13. 12 Calhoun County Gross Domestic Product % Change 2002-2006 Source: U. S. Bureau of Economic Analysis

14. 13 Labor Force Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics

15. 14 Employment for Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics

16. 15 Unemployment Rate for Calhoun County 1999-2008 Source: U.S. Bureau of Labor Statistics

17. 16 Unemployment for Calhoun County vs Alabama 2008 Source: U.S. Bureau of Labor Statistics

18. 17 Unemployment Rate 3.8% and Below 3.9% - 5.2% 5.3% and Above Source: AL Dept of Industrial Relations 3.8% Alabama Unemployment Rates December 2007 State Ave – 4.0% 17

19. 18 Unemployment Rate 6.4% and Below 6.5% - 8.4% 8.5% and Above Source: AL Dept of Industrial Relations 6.5% Alabama Unemployment Rates December 2008 State Ave – 6.7% 18

20. Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Anniston in $1,000 19 Source: City of Anniston

21. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Anniston (Oct-Sept) in $1,000 20 Source: City of Anniston

22. Sales, Use & Lodging Tax Oct & Nov 2007 vs 2008 Anniston in $1,000 21 Source: City of Anniston

23. Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Oxford in $1,000 22 Source: City of Oxford

24. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Oxford (Oct-Sept) in $1,000 23 Source: City of Oxford

25. Sales, Use & Lodging Tax Oct, Nov, Dec 2007 vs 2008 Oxford in $1,000 24 Source: City of Oxford

26. Sales, Use & Lodging Tax Annual Total FY02-03 - FY07-08 Jacksonville in $1,000 25 Source: City of Jacksonville

27. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Jacksonville (Oct-Sept) in $1,000 26 Source: City of Jacksonville

28. Sales, Use & Lodging Tax Oct, Nov, & Dec 2007 vs 2008 Jacksonville in $1,000 27 Source: City of Jacksonville

29. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Weaver (Nov-Sept) in $1,000 28 Source: City of Weaver

30. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Ohatchee (Oct-Sept) in $1,000 29 Source: City of Ohatchee

31. Sales, Use & Lodging Tax Oct, Nov & Dec 2007 vs 2008 Ohatchee in $1,000 30 Source: City of Oxford

32. Sales, Use & Lodging Tax Monthly Total FY 07 – 08 Piedmont (Oct-Sept) in $1,000 31 Source: City of Piedmont

33. Sales, Use & Lodging Tax Oct 2007 vs Oct 2008 Piedmont in $1,000 32 Source: City of Piedmont

34. 33 Calhoun Housing Statistics YTD Dec 2007 vs YTD Dec 2008 YTD Dec 2007YTD Dec 2008 % Change Total Homes Sold 1,2631057 -16.3% Avg Selling Price $135,971$130,831 -3.8% Avg Days on Market 149110 -26% Source: Alabama Real Estate Research & Education Center

35. 34 Number of Home Sales Per Month Calhoun County 1999-2008 Source: Alabama Center for Real Estate 94.56 Avg - - -

36. 35 Calhoun County Housing Affordability Index 3 rd Q 2008 Source: Alabama Real Estate Research & Education Center

37. 36 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

38. McClellan Economic Development Update Robin Scott Chief Executive Officer McClellan Development Authority 37

39. 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 38

40. 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 39

41. 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 40

42. Industrial Access Road (IAR) Project Significance Key to future growth at McClellan – Key industrial sites located adjacent to IAR –Access key factor for attracting new businesse s 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) 41

43. Eastern Bypass paving contract to be let Feb 09 IAR Phase I funds APPROVED! Total cost: $3,135,766 Future project; IAR Phase II 42 Industrial Access Road Connections to Main Arteries

44. Industrial Site Access 43 Industrial Sites Research Park

45. 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 44

46. 1189 acres available for development, however… February 2007 Snapshot of Developable Lands 45

47. Southern Industrial Area 283.42 Acres available in South industrial site, however… prep is required! 46

48. 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 47

49. 48 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

50. 49 State of Alabama Update BLCI Survey Demographics Economic Indicators Education Achievemens 2003 Other Issues 49

51. 50 Alabama Business Leaders Confidence Index State Survey – 1st Quarter 2009 Approximately 300 respondents www.blcindex.com

52. 51 Alabama Economic Outlook Q4 2008 compared to Q1 2009 Source: Alabama Business Leaders Confidence Index

53. 52 Alabama Economic Outlook Q4 2007 – Q1 2009 Source: Alabama Business Leaders Confidence Index

54. 53 Alabama Population 2002-2008 in Millions Source: U.S. Census Bureau

55. 54 Alabama High Inbound State January – December 2008 Source: United Van Lines Migration Study High Inbound High Outbound Balanced

56. 55 Alabama Civilian Labor Force 2002-2008 in Millions Source: Alabama Dept of Industrial Relations

57. 56 Alabama Employment 2002-2008 in Millions Source: Alabama Dept of Industrial Relations

58. 57 Alabama Unemployment 2002-2008 Source: U.S. Department of Labor

59. 58 Unemployment for Alabama vs United States 2008 Source: U.S. Bureau of Labor Statistics

60. 59 Alabama Gross State Product 1998-2007 in $Billions Source: U. S. Bureau of Economic Analysis

61. 60 Alabama Gross State Product % Change 1998-2007 Source: U. S. Bureau of Economic Analysis

62. 61 Total Tax Revenue Alabama % Change FY01-02 thru FY07-08 *FY: Oct-Sept Source: Alabama Department of Revenue

63. 62 Sales Tax Revenue Alabama % Change FY01-02 thru FY07-08 *FY: Oct-Sept Source: Alabama Department of Revenue

64. 63 Source: U.S. Bureau of Labor Statistics Sales Tax Revenue Alabama Jan – Dec 2007 vs 2008

65. 64 Tax Revenue Alabama % Change Oct 2007 Vs Oct 2008 Source: Alabama Department of Revenue Individual Income Tax Sales Tax Total Tax

66. 65 Tax Revenue Alabama % Change Nov 2007 Vs Nov 2008 Source: Alabama Department of Revenue Individual Income Tax Sales Tax Total Tax

67. 66 Tax Revenue Alabama % Change Dec 2007 Vs Dec 2008 Source: Alabama Department of Revenue Individual Income Tax Sales Tax Total Tax

68. 67 Alabama Housing Statistics YTD Dec 2007 vs YTD Dec 2008 YTD Dec 2007YTD Dec 2008% Change Total Homes Sold 57,08343,690 -23.46% Avg Selling Price $157,008$154,671 -1.49% Avg Days on Market 123135 +9.87% Source: Alabama Real Estate Research & Education Center

69. 68 Number Home Sales Per Month Alabama 1999-2008 Source: Alabama Center for Real Estate 3,856 Avg - - -

70. 69 Ave # of Days Homes on Market Alabama 1999-2008 Source: Alabama Center for Real Estate 140 Avg - - -

71. 70 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

72. 71 2009 Economic Update Calhoun County & State of Alabama Calhoun County Survey- Turning? Employment- Down Unemployment- Up Sales Tax Revenues- Down Late in Year Housing- Down State Survey-1 st Q Bleak Alabama Gross State Product – Up State Tax Revenues –Down Late in Year Housing- Down

73. 72 Appendix Full Chamber Membership Survey Results Misc Slides

74. 73 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%

75. 74 Unemployment Rate 5.8% and Below 5.9% - 7.7% 7.8% and Above Source: AL Dept of Industrial Relations Alabama Unemployment Rates November 2008 State Ave – 6.1% 6.1%

76. 75 Income Tax Revenue Alabama % Change FY 01-02 thur FY 07-08 *FY: Oct-Sept Source: Alabama Department of Revenue

77. Gas Prices in Alabama Jan 2003- Jan 2009 76 Source: U.S. Dept of Commerce