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re: SEC Metro GDP Growth
Posted on 12/13/18 at 3:18 pm to lowspark12
Posted on 12/13/18 at 3:18 pm to lowspark12
quote:
It’s a great place to live and raise a family... relative to the rest of the state.
![](https://images.tigerdroppings.com/Images/Icons/Iconrolleyes.gif)
There are plenty of great places to live and raise a family in this state. Baldwin county, Huntsville metro, the shoals, and Bham suburbs all immediately come to mind. Auburn/opelika has a high percentage because a they started with a low number. It doesn't take as much to move the needle. That number will taper off, there isn't enough industry in the area to support that sort of sustained growth imo.
It would be an ideal spot to attract new industry though. The public schools are upper echelon in the state
This post was edited on 12/13/18 at 3:21 pm
Posted on 12/13/18 at 3:25 pm to Riseupfromtherubble
quote:
That number will taper off, there isn't enough industry in the area to support that sort of sustained growth imo.
It will taper but not soon. there are several major companies with operations in the AU-Opelika area. Mando, Wal Mart distribution, Briggs & Straton, and massive Kia plant 20 miles north in West Point, GA that several Auburn residents work at.
Posted on 12/13/18 at 3:29 pm to Riseupfromtherubble
quote:
the shoals
Love that place. Some great folks in the Muscle Shoals/Florence area
This post was edited on 12/13/18 at 3:30 pm
Posted on 12/13/18 at 3:30 pm to Riseupfromtherubble
quote:
There are plenty of great places to live and raise a family in this state.
I agree. I live here, and I love living in this state.
But the from an economic standpoint, the state of Alabama is lagging way behind the rest of the South. Somehow Alabama has mostly missed the economic explosion that has taken off most everywhere else from Texas east to Virginia.
Here is how the metro areas of the state of Alabama have performed in terms of real GDP Growth rate from 2012-2015:
+28.1%- Auburn
+9.7%- Florence-Muscle Shoals
+6.8%- Daphne-Fairhope
+4.1%- Huntsville
+3.0%- Montgomery
+1.2%- STATE AVERAGE
-0.2%- Birmingham
-2.5%- Decatur
-2.7%- Gadsden
-4.2%- Mobile
-7.3%- Tuscaloosa
-7.9%- Anniston-Oxford
Only Auburn and the Shoals had a GDP that grew faster than the national average. Baldwin County at 6.8% was right at the national average. Yet the state as a whole lagged behind the rest of the country at a GDP Growth rate of just 1.2%.
That's bad.
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