East Alabama Regional Planning and Development Commission. Economic Update Spring 2009
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1 East Alabama Regional Planning and Development Commission Economic Update Spring 2009
2 East Alabama Regional Planning and Development Commission (EARPDC) Cherokee Etowah Calhoun Cleburne Talladega Clay Randolph Coosa Tallapoosa Chambers 1
3 EARPDC Members: Cherokee 2
4 EARPDC Members: Etowah 3
5 EARPDC Members: Calhoun 4
6 EARPDC Members: Cleburne 5
7 EARPDC Members: Talladega 6
8 EARPDC Members: Clay 7
9 EARPDC Members: Randolph 8
10 EARPDC Members: Coosa 9
11 EARPDC Members: Tallapoosa 10
12 EARPDC Members: Chambers 11
13 East Alabama Regional Planning and Development Commission: Overview Population Labor Force Employment Unemployment 12
14 East Alabama Regional Planning and Development Commission Population Information for Counties in Zone 13
15 EARPDC : Population Trends Cherokee County ,500 80,250 80,341 80,299 80,264 80,255 80,279 80,155 80,000 79,750 79,794 79,772 79,928 79,500 Source: U.S. Census Bureau 14
16 EARPDC : Population Trends Etowah County , , , , , , , , , , , , , ,500 Source: U.S. Census Bureau 15
17 EARPDC : Population Trends Calhoun County , , , , ,020110, , ,603112, , , , , , ,000 Source: U.S. Census Bureau 16
18 EARPDC : Population Trends Cleburne County ,000 14,500 14,381 14,383 14,474 14,157 14,198 14,273 14,289 14,700 14,799 14,000 13,500 Source: U.S. Census Bureau 17
19 EARPDC : Population Trends Talladega County ,500 80,250 80,341 80,299 80,264 80,255 80,279 80,155 80,000 79,750 79,794 79,772 79,928 79,500 Source: U.S. Census Bureau 18
20 EARPDC : Population Trends Clay County ,500 14,250 14,000 13,750 14,264 14,256 14,168 14,058 13,927 13,831 13,772 13,794 13,809 13,500 Source: U.S. Census Bureau 19
21 EARPDC : Population Trends Randolph County ,750 22,620 22,500 22,250 22,415 22,468 22,424 22,261 22,463 22,457 22,387 22,390 22,000 Source: U.S. Census Bureau 20
22 EARPDC : Population Trends Coosa County ,000 11,500 11,000 11,862 11,765 11,558 11,444 11,180 10,989 10,880 10,83810,814 10,500 10,000 Source: U.S. Census Bureau 21
23 EARPDC : Population Trends Tallapoosa County ,000 41,722 41,500 41,366 41,000 40,500 40,918 40,752 40,662 40,701 40,773 40,57440,413 40,000 39,500 Source: U.S. Census Bureau 22
24 EARPDC : Population Trends Chambers County ,000 36,000 36,562 36,251 35,922 35,594 35,35335,136 35,000 34,767 34,713 34,424 34,000 33,000 Source: U.S. Census Bureau 23
25 East Alabama Regional Planning and Development Commission Labor Market Information for Counties in Zone 24
26 Labor Force Cherokee County ,200 12,000 11,800 11,600 11,400 11,419 11,449 11,577 11,852 11,904 11,923 11,841 11,981 11,918 11,200 11,000 25
27 Labor Force Etowah County ,000 48,595 48,000 47,000 47,216 46,907 46,000 46,012 46,481 46,265 46,471 45,433 45,487 45,000 44,000 43,000 26
28 Labor Force Calhoun County ,000 55,000 54,000 53,000 52,000 53,392 52,03451,989 52,420 54,868 54,019 54,277 53,28453,402 51,000 50,000 27
29 Labor Force Cleburne County ,200 7,000 7,031 6,984 6,800 6,786 6,600 6,621 6,593 6,597 6,639 6,485 6,501 6,400 6,200 28
30 Labor Force Talladega County ,000 39,000 38,000 37,000 36,000 35,923 36,114 37,851 38,237 37,274 39,259 39,361 38,863 38,096 35,000 34,000 29
31 Labor Force Clay County ,800 6,618 6,400 6,420 6,149 6,173 6,101 6,000 5,600 5,871 5,805 5,886 5,693 5,200 30
32 Labor Force Randolph County ,200 10,000 10,059 10,012 9,896 9,800 9,600 9,682 9,703 9,697 9,732 9,474 9,546 9,400 9,200 9,000 31
33 Labor Force Coosa County ,400 5,342 5,342 5,200 5,000 4,800 5,168 5,007 4,835 4,838 4,780 4,674 4,648 4,600 4,400 4,200 32
34 Labor Force Tallapoosa County ,000 19,500 19,544 19,420 19,000 18,840 18,500 18,299 18,103 18,396 18,494 18,281 18,068 18,000 17,500 17,000 33
35 Labor Force Chambers County ,900 16,900 17,551 17,580 17,159 16,694 16,35216,155 15,900 15,697 15,425 14,900 14,870 13,900 34
36 Employment Cherokee County ,600 11,400 11,200 11,000 11,078 10,96510,975 11,325 11,393 11,480 11,407 11,541 11,303 10,800 10,600 35
37 Employment Etowah County ,000 46,000 46,083 45,000 44,000 43,000 44,29744,182 43,81544,392 44,764 43,649 43,286 43,054 42,000 41,000 36
38 Employment Calhoun County ,000 53,000 52,000 51,000 50,000 49,000 48,000 47,000 51,001 49,425 49,166 49,599 52,974 52,125 51,351 51,522 50,686 37
39 Employment Cleburne County ,000 6,800 6,600 6,774 6,651 6,478 6,400 6,200 6,258 6,280 6,375 6,437 6,277 6,207 6,000 5,800 38
40 Employment Talladega County ,000 37,000 36,000 35,000 34,000 35,909 34,775 35,194 34,276 33,956 37,650 37,594 37,083 35,625 33,000 32,000 39
41 Employment Clay County ,400 6,258 6,000 5,600 6,065 5,801 5,484 5,474 5,636 5,931 5,804 5,286 5,200 4,800 40
42 Employment Randolph County ,800 9,625 9,600 9,439 9,400 9,298 9,281 9,186 9,200 9,084 9,047 9,050 9,000 8,920 8,800 8,600 8,400 41
43 Employment Coosa County ,200 5,086 5,012 5,000 4,800 4,729 4,635 4,630 4,600 4,526 4,547 4,436 4,400 4,303 4,200 4,000 3,800 42
44 Employment Tallapoosa County ,000 18,500 18,000 17,500 17,000 18,697 18,370 17,688 17,681 17,490 17,427 17,14917,093 16,902 16,500 16,000 43
45 Employment Chambers County ,900 16,900 15,900 14,900 13,900 12,900 16,868 16,711 16,114 15,721 15,323 15,361 14,900 14,541 12,903 11,900 44
46 Unemployment Cherokee County % 5.2% 4.0% 4.0% 4.1% 4.3% 4.4% 4.3% 3.7% 3.7% 3.7% 2.0% 45
47 Unemployment Etowah County % 6.0% 5.8% 5.9% 5.7% 5.0% 5.2% 5.3% 4.0% 3.7% 3.9% 3.5% 46
48 Unemployment Calhoun County % 4.5% 5.0% 5.4% 5.4% 4.9% 5.1% 4.0% 3.8% 3.5% 3.5% 2.0% 47
49 Unemployment Cleburne County % 5.5% 4.8% 4.5% 4.7% 4.5% 4.0% 3.6% 3.4% 3.0% 3.2% 2.0% 48
50 Unemployment Talladega County % 6.0% 6.7% 7.0% 6.1% 6.5% 5.5% 4.6% 4.1% 4.5% 4.6% 3.0% 49
51 Unemployment Clay County % 6.6% 7.1% 5.5% 5.4% 5.5% 5.7% 5.7% 4.2% 3.9% 4.9% 3.0% 50
52 Unemployment Randolph County % 5.5% 5.7% 6.2% 6.8% 6.0% 5.3% 6.6% 4.3% 4.6% 4.5% 3.0% 51
53 Unemployment Coosa County % 8.5% 7.4% 7.4% 6.0% 4.8% 6.2% 6.4% 4.3% 4.9% 5.1% 3.0% 52
54 Unemployment Tallapoosa County % 6.0% 5.4% 7.2% 6.3% 5.6% 6.5% 4.0% 4.3% 3.8% 4.4% 4.7% 2.0% 53
55 Unemployment Chambers County % 13.2% 10.0% 6.0% 3.9% 4.9% 6.1% 5.8% 6.3% 4.9% 5.1% 5.7% 2.0% 54
56 12% Unemployment Rate Cherokee Calhoun County vs Alabama March Jan July March % 10.0% 9% 6% 3% 9.0% 8.4% 5.4% 6.1% 6.5% 6.6% 7.8% 5.5% 5.4% 5.8% 4.5% 4.1% 6.2% 6.5% 4.2% 4.7% 4.3% 4.9% 5.1% 5.2% 5.4% 5.7% 3.6% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 Cherokee Alabama 8.6% 55
57 9% 7% 5% 3% Unemployment Rate Calhoun Etowah County vs Alabama March Jan July March Etowah Alabama 9.7% 9.6% 9.0% 8.4% 6.7% 7.8% 5.6% 5.9% 5.9% 5.7% 5.9% 6.1% 4.5% 6.2% 6.5% 4.5% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 4.3% 3.8% 9.0% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 56
58 9% 6% 3% Unemployment Rate Calhoun County vs Alabama March Jan July March % 9.2% 9.0% Calhoun Alabama 7.8% 8.4% 7.8% 6.6% 6.2% 6.1% 4.2% 5.3% 5.7% 5.6% 5.4% 6.2% 6.5% 4.5% 4.1% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 4.3% 3.5% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 57
59 9% 7% 5% 3% Unemployment Rate Cleburne Calhoun County vs Alabama March Jan July March % 8.4% Cleburne Alabama 7.8% 8.3% 6.5% 7.7% 6.2% 7.0% 6.3% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 5.1% 5.0% 4.6% 4.7% 4.8% 5.2% 3.9% 3.7% 3.0% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 58
60 13% Unemployment Rate Talladega Calhoun County vs Alabama March Jan July March % 12.3% 11% 8% 6% 3% Talladega Alabama 10.3% 7.7% 8.3% 8.7% 9.0% 6.7% 7.1% 7.1% 6.8% 8.4% 5.2% 7.8% 5.1% 4.6% 6.2% 6.5% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 59
61 Unemployment Rate Calhoun Clay County vs vs Alabama March Jan July March % Clay Alabama 13.4% 14.2%15.0% 11% 7% 3% 9.9% 8.9% 9.3% 8.4% 5.4% 6.6% 7.1% 7.3% 8.4% 9.0% 5.9% 7.8% 4.9% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 6.2% 6.5% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 60
62 13% 11% 8% 6% 3% Unemployment Rate Randolph Calhoun County vs Alabama 4.7% 4.5% 4.8% March Jan July March Randolph 5.9% Alabama 6.8% 7.3% 7.5% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 7.9% 5.7% 10.7% 8.4% 6.2% 6.5% 11.8% 11.5% 11.2% 7.8% 8.4% 9.0% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 61
63 Unemployment Rate Calhoun Coosa County vs vsalabama March Jan July March % 14.8% 14.3% 12% Coosa Alabama 10.3% 10.2% 12.7% 9% 6% 3% 7.8% 7.9% 6.3% 7.3% 7.4% 8.2% 6.4% 8.4% 9.0% 7.8% 5.2% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 6.2% 6.5% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 62
64 12% 9% 6% 3% Unemployment Rate Tallapoosa Calhoun County vs vs Alabama March Jan July March Tallapoosa Alabama 10.6% 11.1% 10.5% 8.1% 7.7% 9.0% 6.6% 7.2% 5.7% 6.7% 6.8% 8.4% 6.6% 7.8% 5.3% 4.9% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 6.2% 6.5% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 63
65 20% 16% Unemployment Rate Chambers Calhoun County vs Alabama March Jan July March % 13.5% 14.6% 14.7% 15.6% 15.2%15.2%15.1% 14.5% 18.9% 18.1% 12% 8% 4% 11.3%11.5% 7.8% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 5.7% 6.2% 6.5% Chambers Alabama 8.4% 9.0% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 64
66 East Alabama Regional Planning and Development Commission Summary Information for Counties in Zone 65
67 In 1,000 EARPDC : Population Trends in Thousands Source: U.S. Census Bureau 66
68 Labor Force EARPDC , , , , , , , , ,418213, , , , , , ,000 67
69 Employment EARPDC , , , , , , , , , , , , , , , ,000 68
70 Unemployment EARPDC % 5.4% 6.0% 6.0% 5.5% 6.3% 5.0% 4.6% 4.1% 4.0% 4.2% 3.0% 69
71 Alabama Unemployment Rates March 2009 Preliminary State Rate (Seasonally Adjusted) State Ave 9.0% Unemployment Rate 9.0% and Below 9.1% % 11.8% and Above 12.3% 14.3% 9.2% 9.6% 10.5% 10.0% 8.3% 15.0% 11.5% 18.1% 70
72 13% 11% Unemployment Rate Calhoun EARPDC County vs Alabama vs March Jan July March EARPDC Alabama 11.1% 11.0% 9.9% 8% 6% 3% 7.7% 7.9% 6.6% 7.3% 6.9% 6.9% 6.7% 5.3% 7.8% 5.1% 4.6% 4.3% 4.5% 4.7% 4.9% 5.1% 5.2% 5.4% 6.2% 6.5% 5.7% 8.4% 9.0% 3/08 4/08 5/08 6/08 7/08 8/08 9/08 10/08 11/08 12/08 1/09 2/09 3/09 71
73 EARPDC : Demographic Trends Summary Growing population base Women outnumber men Ethnic mix is generally steady Population density is on upswing Area becoming more urban in nature Income levels on the rise Commuting levels vary but are considerable 72
74 State of Alabama and Regional Labor Summary Labor Force down from historic highs Employment down from historic highs Unemployment up from historic lows 73
75 Southeast Job Loss March 2008-March 2009 State # Jobs Loss Unemployment Rate Alabama 84, % Georgia 183, % Mississippi 37, % Tennessee 123, % Florida 424, % North Carolina 210, % South Carolina 92, % Source: Bureau of Labor Statistics 74
76 Alabama Job Loss by Sector March 2008-March 2009 Sector # Jobs Loss % of Total Manufacturing 30, % Business & Professional Services 17, % Construction 16, % Source: Alabama Department of Industrial Relations 75
77 State of Alabama and Regional Summary Manufacturing base growing Auto/light truck manufacturing and support Population growth momentum High in-bound state BRAC related government growth and stability Housing will recover slowly 76
78 Moving Forward: Regional Focus Recessionary Forces and Economic Cycles Attract Capital Investment by: Supportive tax and regulatory structure Work force development and training Support for education and quality of life 77
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