Birmingham Area Economic Report, Q1 2017
This report explores a few key statistics that paint a picture of the Birmingham area economy. The Porter, White & Company Birmingham Area Economic Report, published quarterly, places the Birmingham area economy in a state, regional and national context.
Click here to download the full report with a more in-depth look at the statistics.
The chart below shows a snapshot of findings for the last twelve months from March 31, 2016 to March 31, 2017. In summary, the Birmingham area economy continues to show some signs of positive growth, as evidenced by improvement in two of the five categories below; however, the Birmingham area continues to lag behind the national economy and comparable metropolitan areas.
Figure 1: Local Area Trend, Last Twelve Months as of March 31, 2017
Figure 2: Local versus National Trend (Relative Year-to-Year Change), as of December 31, 2016
In this report, Local Area is defined as the following for each category: Total Employment (Birmingham-Hoover MSA), Retail Sales (Jefferson County), Occupational Tax (City of Birmingham), Electricity Sales (Birmingham-Hoover MSA), and Airline Enplanements (Birmingham Airport). See the full report for other relevant notes.