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2019 Economic Forum Information provided by School of Business and Industry
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Page 1: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

2019 Economic Forum

Information provided by

School of Business and Industry

THANK YOU

to our

SPONSORS

2

Calhoun County Economic

Forum

bull National Update (Slides 3-17)

bull Alabama Update (Slides 18-54)

bull Calhoun County Update (Slides 55-113)

bull Economic Development Council (Slides 114-130)

GDP Change from Preceding

Period US 1st Qtr16 ndash 4th Qtr18

16

2319 18

18

30 28

23

22

42

34

29

0

1

2

3

4

5

16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2 Q3 Q4

3Source US Bureau of Economic Analysis Real Gross Domestic Product Seasonally adjusted at annual rates

29 4th Qtr 2018

US Industrial Production

May 2017 ndash Jan 2019

1037

1038

1036

1032

1032

1048

10531058

1054

10591064

10771068

1074

1079

1088

1089

1091

1096

1099

1101

102

104

106

108

110

112

M-17 S-17 J-18 M-18 S-18 J-19

4Source Board of Governors of Federal Reserve System

+424 12 Months

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 2: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

THANK YOU

to our

SPONSORS

2

Calhoun County Economic

Forum

bull National Update (Slides 3-17)

bull Alabama Update (Slides 18-54)

bull Calhoun County Update (Slides 55-113)

bull Economic Development Council (Slides 114-130)

GDP Change from Preceding

Period US 1st Qtr16 ndash 4th Qtr18

16

2319 18

18

30 28

23

22

42

34

29

0

1

2

3

4

5

16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2 Q3 Q4

3Source US Bureau of Economic Analysis Real Gross Domestic Product Seasonally adjusted at annual rates

29 4th Qtr 2018

US Industrial Production

May 2017 ndash Jan 2019

1037

1038

1036

1032

1032

1048

10531058

1054

10591064

10771068

1074

1079

1088

1089

1091

1096

1099

1101

102

104

106

108

110

112

M-17 S-17 J-18 M-18 S-18 J-19

4Source Board of Governors of Federal Reserve System

+424 12 Months

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 3: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

2

Calhoun County Economic

Forum

bull National Update (Slides 3-17)

bull Alabama Update (Slides 18-54)

bull Calhoun County Update (Slides 55-113)

bull Economic Development Council (Slides 114-130)

GDP Change from Preceding

Period US 1st Qtr16 ndash 4th Qtr18

16

2319 18

18

30 28

23

22

42

34

29

0

1

2

3

4

5

16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2 Q3 Q4

3Source US Bureau of Economic Analysis Real Gross Domestic Product Seasonally adjusted at annual rates

29 4th Qtr 2018

US Industrial Production

May 2017 ndash Jan 2019

1037

1038

1036

1032

1032

1048

10531058

1054

10591064

10771068

1074

1079

1088

1089

1091

1096

1099

1101

102

104

106

108

110

112

M-17 S-17 J-18 M-18 S-18 J-19

4Source Board of Governors of Federal Reserve System

+424 12 Months

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 4: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

GDP Change from Preceding

Period US 1st Qtr16 ndash 4th Qtr18

16

2319 18

18

30 28

23

22

42

34

29

0

1

2

3

4

5

16Q1 Q2 Q3 Q4 17Q1 Q2 Q3 Q4 18Q1 Q2 Q3 Q4

3Source US Bureau of Economic Analysis Real Gross Domestic Product Seasonally adjusted at annual rates

29 4th Qtr 2018

US Industrial Production

May 2017 ndash Jan 2019

1037

1038

1036

1032

1032

1048

10531058

1054

10591064

10771068

1074

1079

1088

1089

1091

1096

1099

1101

102

104

106

108

110

112

M-17 S-17 J-18 M-18 S-18 J-19

4Source Board of Governors of Federal Reserve System

+424 12 Months

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 5: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

US Industrial Production

May 2017 ndash Jan 2019

1037

1038

1036

1032

1032

1048

10531058

1054

10591064

10771068

1074

1079

1088

1089

1091

1096

1099

1101

102

104

106

108

110

112

M-17 S-17 J-18 M-18 S-18 J-19

4Source Board of Governors of Federal Reserve System

+424 12 Months

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 6: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

265

228

280233

186

252208

135

232

145

210 211

160

324

155

286

119

222

304

0

100

200

300

400

500

Jan 15 Jan 16 Jan 17 Jan 18 Jan 19

Pay

roll

Em

pin

10

00

s

Jan 19 Pre +304000

5Source US Bureau of Labor Statistics Seasonally Adjusted

Change in Nonfarm Payroll

Employment for US

Jan 2015 - Jan 2019 in 1000s

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 7: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Dow Jones Industrial Average

(DJIA) Feb 2017ndashFeb 2019

2084

2094

2241 2427

2615

25032542

2646

2512

2333

2500

2592

18

21

24

27

F-17 M-17 A-17 N-17 F-18 M-18 A-18 N-18 F-19

Th

ou

san

ds

6Source NY Stock Exchange

+354 12 Months

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 8: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Consumer Price Index US

Jan 2016 ndash Jan 2019

2377

23992419

2445

24402479

25092528 2527

235

240

245

250

255

Jan-16 Jan-17 Jan-18 Jan-19

7

+16 12 Months

Source US Bureau of Labor Statistics

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 9: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Monthly Sales Retail amp Food

Services in US

Dec 2015 - Dec 2018 in $ Bill

$450 $454

$466

$473

$474

$494

$496

$505$512

$506

$430

$455

$480

$505

$530

D 15 J 16 D 16 J 17 D 17 J 18 D 18

In $

Bil

lio

ns

8Source US Census Bureau

+210 12 Months

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 10: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Case Shiller 20-City Home Price

Index Jan 2016-Dec 2018

185188 188

190

195198 200

204206

215 214 214

180

190

200

210

220

Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18

9Source Fed Reserve Bank St Louis

+501 12 Months

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 11: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force US

2008-2018 in Millions

154 154 154 154155 155 156

157

159160

162

148

152

156

160

164

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

10

Seasonally Adjusted

Source US Bureau of Labor Statistics

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 12: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force US

Jan 2018 ndash Jan 2019 in Millions

1611

1619161616161617

162116221618

1621

1627 1628

16321632

160

161

162

163

164

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

11

+2604000

12 MonthsSeasonally Adjusted

Source US Bureau of Labor Statistics

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 13: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

12

Employment US

2008-2018 in Millions

1454

1399 1391 13991425

14391463

14881514

15331558

130

140

150

160

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Seasonally Adjusted

Source US Bureau of Labor Statistics

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 14: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Employment US

Jan ndash Jan 2019 in Millions

1545

1552 155215521555 1556

15601556

15611566 1568

15691567

153

154

155

156

157

158

Jan18 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan19

In M

illi

ons

13

+2880000

12 Months

Seasonally Adjusted

Source US Bureau of Labor Statistics

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 15: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Unemployment Rate US

Jan 2018- Jan 2019

14

414140

39

38

4039

38

37

38

37

3940

35

38

40

43

45

Jan-18Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJan-19

U

nem

plo

yed

Source US Bureau of Labor Statistics

Seasonally Adjusted

-1 12 Months

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 16: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

US Consumer Sentiment

Feb 2016 ndash Feb 2019

917

947

935

872

938

985970

934951

985999

988

982

979

1001

986

912

955

85

90

95

100

105

Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19

15Source University of Michigan Institute of Social Research

Jan ndash Feb +47

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 17: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Copper Prices per Pound

January 2018 ndashFebruary 2019

$322

$300$306

$307

$296 $279

$270

$283$275

$276$270

$272

$294

$25

$27

$29

$31

$33

Feb 18 Jun 18 Oct 18 Feb 19

$P

ou

nd

16Source httpswwwbloombergcomquoteHG1COM

-9 12 Months

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 18: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Caterpillar Stock Price

February 2018 ndashFebruary 2019

$15098

$14390

$14907

$13313

$14111

$13709

$15056

$11978

$13480

$13325$13599

$13782

$110

$120

$130

$140

$150

$160

Feb 18 Jun 18 Sep18 Dec 18

17Source httpsfinanceyahoocomquoteCAT

-87 12 Months

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 19: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

18

State of Alabama

Economy

bull Population (19-24)

bull Labor Force (27-28)

bull Employment (29-30)

bull Unemployment (31-34)

bull Tax Revenues (36-43)

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 20: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Population Estimates

State of Alabama 2008-2018

in Millions

472

476479 480

482 483 484 485 486 488 489

46

47

48

49

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

19Source US Census Bureau

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 21: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Migration Patterns Based Upon

Household Moves Jan-Dec 2018

20Source United Van Lines Migration Study 2018

High Inbound

Medium OutboundBalanced Alabama

Out - 1050

In - 1254

Medium Inbound

High Outbound

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 22: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Alabama Migration Patterns

Household Moves 2013-2018

Year of Study Classification Inbound Outbound Percentage

2018 Balanced 1254 1050 544

2017 Inbound 986 745 57

2016 Balanced 893 795 53

2015 Inbound 1092 819 57

2014 Balanced 962 887 52

2013 Balanced 1121 955 54

2155 ratio of moved are InboundSource United Van Lines Migration Study 2018

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 23: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Reported Reasons for Migration In

and Out of Alabama 2018

22

Inbound

Reason

Top Reasons

Reported

Outbound

Reason

1862 Retirement 1250

276 Health 357

1724 Family 2232

897 Lifestyle 982

6000 Job 6607

Source United Van Lines Migration Study 2017

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 24: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Age for Migration In and Out of

Alabama 2018

23

Inbound Age Age Categories Outbound Age

1954 lt18 to 34 2844

1377 35-44 1743

1957 45-54 2202

2464 55-64 1927

2247 65 and Older 1284

Source United Van Lines Migration Study 2017

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 25: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Income for Migration In and Out of

Alabama 2018

24

Inbound Income Income Categories Outbound Income

606 Less than $50000 875

1010 $50000 to $74999 1250

1919 $75000 to $99999 1875

2227 $100000 to $149000 2625

3737 $150000 or More 3375

Source United Van Lines Migration Study 2017

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 26: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

GDP Change State of Alabama

Vs US 2008 - 2017

16

-21

38

37

4236

44 40

28

42

16

-25

38

38

27 28

13

32

15

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

US AL

25Source US Bureau of Economic Analysis Current $

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 27: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Qtr GDP Change from Preceding

Period State of AL Vs US 16-18

1523

19 18

18

30 28

23

22

42

04

28

-14

18

29

10 12

40

16

38

-2

0

2

4

6

15Q4-

16Q1

16Q1-

Q2

16Q2-

Q3

16Q3-

Q4

16Q4-

17Q1

17Q1-

Q2

17Q2-

Q3

17Q3-

Q4

17Q4-

18Q1

18Q1-

Q2

US AL

26Source US Bureau of Economic Analysis Real change annualized

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 28: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force State of Alabama

2008-2018 in Millions

217 217216

219 220

217215

215 214

218 218219

210

212

214

216

218

220

222

07 08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

27Source US Bureau of Labor Statistics

Seasonally Adjusted

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 29: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force State of Alabama

Jan ndash Dec 18 in Millions

216 216 216217

218219

220220

221 221 222 222

214

216

218

220

222

224

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

28Source US Bureau of Labor Statistics

+47546

12 Months

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 30: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

29

Employment State of Alabama

2008-2018 in Millions

205

192

196199 199 200 200 201

205

207

210

190

195

200

205

210

215

08 09 10 11 12 13 14 15 16 17 18

In M

illi

ons

Source US Bureau of Labor Statistics

Seasonally Adjusted

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 31: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Employment State of Alabama

Jan ndash Dec 18 in Millions

208 208 208 209209

210211

211212

212213 213

204

206

208

210

212

214

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In M

illi

ons

30Source US Bureau of Labor Statistics

+49018

12 Months

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 32: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Unemployment Rate

AL vs US Jan ndash Dec 2018

31

37 3738 38

39

4141 41 41 4140

39

41 41

4039

38

4039

38

3738

37

39

35

40

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

AL US

Source US Bureau of Labor Statistics

Seasonally Adjusted

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 33: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

KY 37

TN 36

MS 34

NC 34

SC 19

FL 45

AL 38GA 39

Source Bureau of Economic Analysis

+231200 Emp

+59100 Emp

+113800 Emp

+11000 Emp

32

GDP Growth 3rd Qtr 2018 vs

Employment Growth Dec 17 to

Dec 18 Southeastern US

+49018 Emp

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 34: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

33

Seasonally Adjusted

Unemployment Rates vs Private

Sector Hourly Wage Southeastern

United States Dec 2018

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Labor Statistics 2nd site

$2527

$2416

$2729$2396

$2091

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 35: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

34

Seasonally Adjusted

Unemployment Rates vs Per

Capita Personal Income 2018 3rd

Qtr Southeastern United States

KY 44

TN 36

MS 47 AL 39 GA 36

SC 33

NC 36

FL 33

Source AL Dept of Labor US Bureau of Economic Analysis

$49258

$47134

$45624$42380

$37990

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 36: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Job Quit Levels Annual Per Month

Average for US South Region

2008-2018 in Thousands

1027

711 743795

882961

10651165

12171302

1445

500

700

900

1100

1300

1500

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

35Source Bureau of Labor Statistics

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 37: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Gross Revenue Collections State of

Alabama FY12-13 ndash FY17-18

in $ Billions

$928 $940$978 $990

$1031

$1098

$8

$9

$10

$11

$12

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

36Source Alabama Department of Revenue

+650 in FY 17-18

Record High for Alabama

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 38: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Individual Income Tax

Gross Collections State of Alabama

FY12-13 ndash FY17-18 in $ Billions

$375 $375$393

$407$421

$457

$320

$360

$400

$440

$480

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

37

+857 in FY 17-18

Source Alabama Department of Revenue

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 39: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Tax Gross Collections State

of Alabama FY12-13 ndash FY17-18

in $ Billions

$203$208

$215$224

$228

$238

$180

$200

$220

$240

$260

FY12-13 FY13-14 FY14-15 FY15-16 FY16-17 FY17-18

In $

Bil

lio

ns

38

+447 in FY 17-18

Source Alabama Department of Revenue

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 40: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

TotalSalesIndividual Income Tax

State of AL in $ Millions

FYTD 17-18 vs FYTD 18-19

39Source Alabama Department of Revenue Oct-Jan

In $

Millions

FYTD

17-18

FYTD

18-19

Change

Individual

Income Tax$987 $1013 +269

Sales Tax $588 $612 +412

Total $2627 $2689 +239

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 41: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

TotalSalesIndividual Income

Tax State of AL in $ Millions

Dec 2017 vs Dec 2018

40Source Alabama Department of Revenue

In $ Millions Dec 2017 Dec 2018 Change

Individual

Income Tax $33620 $35611 +592

Sales Tax $20325 $21014 +339

Total $91553 $98918 +804

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 42: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$437

$5236

$8022

$0

$20

$40

$60

$80

$100

FY15-16 FY16-17 FY17-18

In $

Mil

lio

ns

41Source Alabama Department of Revenue

+53 in FY17-18

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FY15-16 FY16-17 FY17-18

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 43: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$724

$2244

$2952

$0

$8

$16

$24

$32

FYTD16-17 FYTD17-18 FYTD18-19

In $

Mil

lio

ns

42Source Alabama Department of Revenue

+3156 in

FYTD 18-19

State capturing online sales as use tax Amazon joins 110116

Simplified Sellers Use Tax

State of AL Total Collections

FYTD16-17-FYTD 18-19 (O-D)

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 44: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Simplified Sellers Use Tax

State of Alabama FY 2017-2018

General Fund

$30083546

37

Municipalities

$20055697

25

Counties

$20055697

25

Education

$10027849

13

43Source Alabama Department of Revenue

$8022 Millions FY 17-18

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 45: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

44

Housing Statistics

State of AL 2017 vs 2018

2017 2018 Change

Median Price$178093 $188389 +58

Avg Days on

Market 120 102 -154

Total Homes

Sold 57569 61072 +608Source Alabama Center for Real Estate

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 46: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

45

bull State Survey ndash 1st Quarter 2019

bull Approximately 126 respondents

bull Operated by University of Alabama Center for

Business and Economic Research

bull cbercbauaedu

Alabama Business Confidence Index

CULVERHOUSE

College of Commerce

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 47: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

46

0070

539

344

47

0

15

30

45

60

Much Worse Worse Remain the

Same

Better Much Better

o

f R

esp

on

den

ts

Source Alabama Business Confidence Index

Economic Outlook for Alabama

Q1 2019 compared to Q4 2018

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 48: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

47

627

652

616

587

631640

658

625

564

54

58

62

66

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eEconomic Outlook Index for

Alabama Q1 17 ndash Q1 19

Change Q4 18 ndash Q1 19 -98

Change Q1 18 ndash Q1 19 -103

Source Alabama Business Confidence Index

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 49: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Hiring Outlook for Alabama

Q1 2019 compared to Q4 2018

00

94

477

398

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

48Source Alabama Business Confidence Index

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 50: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

576

607589

574

614600

614 618

592

50

53

56

59

62

65

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eHiring Outlook Index for Alabama

Q1 17 ndash Q1 19

49

Change Q4 18 ndash Q1 19 -43

Change Q1 18 ndash Q1 19 -36

Source Alabama Business Confidence Index

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 51: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Outlook for Alabama

Q1 2019 compared to Q4 2018

00

203

367414

160

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

50Source Alabama Business Confidence Index

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 52: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

634

672

626

588

647 649

614 618

561

52

56

60

64

68

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

eSales Outlook Index for Alabama

Q1 17 ndash Q1 19

51

Change Q4 18 ndash Q1 19 -92

Change Q1 18 ndash Q1 19 -133

Source Alabama Business Confidence Index

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 53: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

08

109

508

344

31

0

15

30

45

60

Strong

Decrease

Moderate

Decrease

No Change Moderate

Increase

Strong

Increase

o

f R

esp

on

den

ts

52

Capital Expenditures Outlook

Q1 2019 compared to Q4 2018

Source Alabama Business Confidence Index

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 54: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

585

619

598

574

599616

636625

570

52

56

60

64

Q1 17 Q2 17 Q3 17 Q4 17 Q1 18 Q2 18 Q3 18 Q4 18 Q1 19

Ind

ex V

alu

e

53

Capital Expenditures Outlook

Alabama Q1 17 ndash Q1 19

Change Q4 17 ndash Q1 18 -88

Change Q1 17 ndash Q1 18 -49

Source Alabama Business Confidence Index

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 55: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

State of Alabama

Summarybull Population Census Up Slightly (489 Million)

bull State GDP Up (2017 39 2018 estimate June 18)

bull Labor Force Up (+47546 Dec 17 ndash Dec 18)

bull Employment Up (+49018 Dec 17 ndash Dec 18)

bull Unemployment Rate Low (39 Dec 18)

bull Housing Up (+608 Homes Sold 2017 vs 2018)

bull State Tax Revenues Record ( FY 17-18 $1098 Billion)54

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 56: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Calhoun County Economy

55

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 57: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Calhoun County Economy

56

bull Membership Survey (57-75)

bull Employment (78-84)

bull County Tax Collections (88-90)

bull Tourism amp Housing (91-95)

bull Municipal Tax Collections (96-106)

bull Economic Development Council (108-117)

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 58: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Membership Survey of Calhoun

County Chamber of Commerce 2019

bull Overall Outlook (57-58)

bull Employment (59-60)

bull Employee Pay (61-62)

bull Product Demand (63-64)

bull New Product Offerings (65-66)

bull Opening New Outlets (67-68)

bull Advertising Expenditures (69-70)57

bull Bonus Questions

ndash Impact of

Federal

Shutdown (71)

ndash Impact of

Jacksonville

Tornado (72)

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 59: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

58

0

7

3634

23

0

10

20

30

40

Much Worse Worse About Same Better Much Better

Jan 2019

Index 75

Source 2019 Calhoun County Chamber of Commerce Membership Survey

Q1 Overall Economic Outlook

This Year (2019)

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 60: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

59

56

77

84

7782 83

74

8279

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ1 Overall Economic Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 61: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

60

Q2 Employment Outlook

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

04

4447

4

0

10

20

30

40

50

Major

Cutback

Emp

Slight

Cutback

Emp

Remain Same Slight

Increase

Emp

Major

Increase

Emp

Jan 2019

Index 70

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 62: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

61

65

70

7472

7573

7169

67

70

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ2 Employment Outlook

2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 63: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

62

Q3 Intentions For Employee

Compensation This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

27

69

20

20

40

60

80

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 64: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

63

73

61

70

65

74

8082

73 73 74

50

60

70

80

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ3 Intentions For Employee

Compensation 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 65: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

64

Q4 Demand for Products and

Services This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

37

50

11

0

15

30

45

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 74

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 66: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

65

55

7578

7780

83

76 76 7674

45

60

75

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ4 Demand for

ProductsServices 2010-2019

Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 67: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q5 New Product Offerings

This Year (2019)

Source 2019 Calhoun County Chamber of Commerce Membership Survey 66

0 0

39

51

11

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 75

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 68: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

6569

71 7176

80 81

7471

75

40

53

65

78

90

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ5 New Product Offerings

2010-2019

67Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 69: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q6 Intention to Change Number

of Outlets This Year (2019)

68Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 2

87

110

0

20

40

60

80

100

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 62

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 70: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

48

41

47 4852

68 69

64 63 62

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ6 Intention to Change

Number of Outlets 2010-2019

69Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 71: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q7 Intentions For Expenditures

on Advertising This Year (2019)

70Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

11

54

30

4

0

20

40

60

Major

Decrease

Slight

Decrease

Remain Same Slight

Increase

Major

Increase

Jan 2019

Index 65

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 72: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

57 58

62 6461

68 69 6870

65

40

50

60

70

80

10 11 12 13 14 15 16 17 18 19

Ind

ex V

alu

eQ7 Intentions For Expenditures

on Advertising 2010-2019

71Source 2010-2019 Calhoun County Chamber of Commerce Membership Survey

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 73: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q8 Impact of Federal

Government Shutdown

72Source 2019 Calhoun County Chamber of Commerce Membership Survey

0 0

63

30

7

0

25

50

75

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 68

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 74: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q9 Impact of Jacksonville

Tornado For Your Business

73Source 2019 Calhoun County Chamber of Commerce Membership Survey

413

72

92

0

20

40

60

80

Major

Positive

Slight Positive No Impact Slight

Negative

Major

Negative

Jan 2019

Index 58

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 75: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Remain same

75

Q10 Is Your Local Government

Supportive of Business

74Source 2019 Calhoun County Chamber of Commerce Membership Survey

0

17

28

41

13

0

10

20

30

40

50

Very

Unsupportive

Slightly

Unsupportive

Neither Slightly

Supportive

Very

Supportive

Jan 2019

Index 69

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 76: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

75

Membership Survey Largest

Response Category by 2019

bull Overall Outlookndash No Change 36

bull Number of Employees ndash Slight Increase 47

bull Employee Pay ndash Slight Increase 69

bull Demand for Products ndash Slight Increase 50

bull New Products ndash Slight Increase 51

bull Number of Outlets ndash No Change 87

bull Advertising Spending ndash No Change 54

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 77: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Population Trends

Calhoun County 2006-2017

in Thousands

1127 1131 11341141

11851178

1173 1173

1159 11561146 1147

110

112

114

116

118

120

06 07 08 09 10 11 12 13 14 15 16 17

In T

ho

usa

nds

76Source US Census Bureau

2016 - 114611

2017 - 114728

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 78: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

GDP Change Calhoun County

amp State of Alabama 2008 - 2017

25

-34

39

-13 -11

-35

1107

21

33

16

-25

38

34

2924

19

3326

39

-4

-2

0

2

4

6

08 09 10 11 12 13 14 15 16 17

Calhoun

Alabama

77Source US Bureau of Economic Analysis Current $

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 79: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force Calhoun County

2008-2018 in Thousands

5456 5393

5156 51274965

48414726

4591 4582 4558 4619

42

47

52

57

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

78Source US Bureau of Labor Statistics

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 80: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Labor Force Calhoun County

Jan ndash Dec 2018 in Thousands

451

457460

462 462

470468

464461

463 464462

44

45

46

47

48

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

79Source US Bureau of Labor Statistics

+1025 Dec 17 ndashDec 18

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 81: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

80

Employment for Calhoun County

2008-2018 in Thousands

503

474465 461

454

439 437431 433 431

440

42

45

47

50

52

08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 82: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Employment Calhoun County

Jan ndash Dec 2018 in Thousands

430

434

439443 442 443 444

441440

442445

443

42

43

44

45

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

81Source US Bureau of Labor Statistics

+846 for Dec 17 ndash Dec 18

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 83: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Unemployment Rate for Calhoun

County 2008-2018

82

51

99 9892

8072 72

69 66

49 47

3

5

7

9

11

08 09 10 11 12 13 14 15 16 17 18

U

nem

plo

yed

Source US Bureau of Labor Statistics

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 84: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Unemployment Rate Calhoun

County vs Alabama Jan ndash Dec 2018

83Source US Bureau of Labor Statistics

4750

4542

45

58

5249

45 45

40 41

37 37 38 38 3941 41 41 41 41 40 39

2

4

6

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

U

nem

plo

yed

Calhoun AL

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 85: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

84

Unemployment Rate

41 and Below

42 - 46

47 and Above

Source Alabama Department of Labor

41

Alabama Unemployment

Rates Dec 2018

State Ave ndash 39

Not Seasonally

Adjusted

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 86: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

85

Federal Employment for Calhoun

County 2003-2018 in Thousands

41

45

5053

56 55 55 5552

46

40 3937 37 36 37

3

4

5

6

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 87: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

86

37

36

37

36 36

38

37 37 37 37

38

39

340

360

380

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Federal Employment Calhoun County

Jan ndash Dec 2018 in Thousands

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 88: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

87

98 9793 92 91 90

77

6966 66 66 67 69 71

7477

55

65

75

85

95

105

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County 2003-2018 in Thousands

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 89: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

88

75

76 76 76

77 77

78

79 79 79

78

79

72

74

76

78

80

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Manufacturing Employment Calhoun

County Jan ndash Dec 2018 in Thousands

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 90: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

89

Service Sector Employment Calhoun

County 2003-2018 in Thousands

40

4142

4344

44

42 42 4241

40 40 39 39 40 40

34

38

42

46

03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

In T

ho

usa

nds

Source US Bureau of Labor Statistics

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 91: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

90

393395

397398

399400

395396

397395

400398

385

390

395

400

405

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

In T

ho

usa

nds

Source US Bureau of Labor Statistics

Service Employment Calhoun County

Jan ndash Dec 2018 in Thousands

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 92: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

2010-2018

$1986 $2014 $2021 $2018 $2073 $2102$2185

$2259 2336

$1748$1622

$1531$1634

$1823 $1816$1756 $1711

1863

$12

$15

$18

$21

$24

2010 2011 2012 2013 2014 2015 2016 2017 2018

Alabama Calhoun

91Source US Bureau of Labor Statistics

88

80

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 93: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Average Hourly Earnings Private Sector

Calhoun County amp State of Alabama

Jan ndash Dec 2018231 230 231 233 231 231 233 232 237 237 238 240

181 183 184 187 187 186 186 189 188 189 185 190

$13

$16

$19

$22

$25

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Alabama Calhoun

92Source US Bureau of Labor Statistics

79 State Average

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 94: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Per Capita Personal Income

Calhoun County amp State Of Alabama

2008 ndash 2017 in $ Thousands

93Source US Bureau of Economic Analysis

$309 $302 $310 $319 $323 $320$331

$342 $349$363

$334 $326$338

$349 $358 $361$372

$386 $393$408

$25

$30

$35

$40

$45

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Th

ou

san

ds

Calhoun Alabama

92

89

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 95: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

State Sales Tax Collections Calhoun

County FY10-11 ndash FY17-18

in $ Millions

$2524

$2800$2912

$3119 $3102 $3050$3134

$3245

$20

$25

$30

$35

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

94Source AL Dept of Revenue

+357 FY 17-18

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 96: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Simplified Sellers Use Tax Allocations

Calhoun County FY 2017-2018

Calhoun

County

$497526

50

Anniston

$160411

17

Oxford

$148206

15

Jacksonville

$87113

9

Piedmont

$33865

4

Weaver

$21091

2

Ohatchee

$8123

1

95Source AL Dept of Revenue

$995052 FY 17-18

(+59)

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 97: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

State Lodging Tax Collections

Calhoun County FY10-11 ndash FY17-18

in $ Thousands

$8245$7716

$8471 $8836 $9151

$10228

$11410

$12782

$600

$800

$1000

$1200

$1400

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

96Source AL Dept of Revenue

+1203 FY 17-18

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 98: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Tourism Economic Impact State

of Alabama 2017

bull Est over 266 Million visitors 2017

bull Spending $143 Billion in 2017

bull Represent 94 of State GDP

bull Est 186906 jobs (94 of non agricultural)

bull Generated $879 Million StateLocal Tax Revenues

97Source Alabama Tourism Department 2017

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 99: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Tourism Expenditures in AL

2007-2017 in $ Billions

$93 $96 $93 $91

$102$107 $110

$118$127

$134

$143

$6

$8

$10

$12

$14

$16

07 08 09 10 11 12 13 14 15 16 17

Bil

lio

ns

98Source Alabama Tourism Department 2017

Up 707 in 2017

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 100: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Tourism Impact in Calhoun

County Jobs amp Earnings 15-17

933

994

1078

900

950

1000

1050

1100

15 16 17

Job

s

$234

$251

$272

$22

$24

$26

$28

15 16 17

Ear

nin

gs

in M

illi

ons

99Source Alabama Tourism Department 2017

Up 85 2017 Up 84 2017

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 101: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

100

Housing Statistics

Calhoun County 2017 vs 2018

2017 2018 Change

Average

Price$138034 $146187 +59

Avg Days on

Market 112 83 -262

Total Homes

Sold 1646 1694 +290Source Alabama Center for Real Estate

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 102: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

101

109

88

7681 80 82

90

102

116

126

138 141

65

85

105

125

145

07 08 09 10 11 12 13 14 15 16 17 18

Ho

me

Sal

esM

onth

Average Number of Home Sales Per

Month Calhoun County 2007-2018

Source Alabama Center for Real Estate

10247 Avg - -

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 103: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use amp Lodging Tax Annual Total

FY10-11 ndash FY17-18

Anniston in $ Millions

$175

$190

$212$208 $206

$220 $223 $226

$16

$18

$20

$22

$24

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

102Source City of Anniston increase in sales and use tax rate from 4 to 5 effective April 2012 (25)

+108 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 104: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct - Dec 2018

Anniston in $ Millions

103Source City of Anniston

$583$552

$40

$45

$50

$55

$60

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

-54 O-D 17vs18

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 105: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales amp Use Tax Collected by AL

Annual Total FY10-11 ndash FY17-18

Oxford in $ Millions

$245 $253 $255$266

$284

$310 $315

$338

$18

$21

$23

$26

$28

$31

$33

$36

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

104

+724 FY 17-18

Source AL Dept of Revenue

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 106: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales amp Use Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Oxford in $ Millions

$750

$805

$60

$65

$70

$75

$80

$85

Oct17-Dec17 Oct18-Dec18

In $

Mil

lio

ns

105Source City of Oxford

+739 O-D 17vs18

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 107: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales amp Use Tax

Annual Total FY10-11 ndash FY17-18

Jacksonville in $ Millions

$55

$65$68

$70 $70$74 $75

$83

$45

$55

$65

$75

$85

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

106Source AL Department of Revenue

+1119 FY 17-18

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 108: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales amp Use Tax FYTD

Oct - Dec 2017 vs 2018

Jacksonville in $ Millions

$1937

$2157

$180

$190

$200

$210

$220

Oct17-Dec17 Oct18-Dec18

In $

Mil

lion

s

107

+1135 O-D 16vs17

Source City of Jacksonville

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 109: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales amp Use Tax

Annual Total FY10-11 - FY17-18

Ohatchee in $ Thousands

$444

$534

$489

$550 $545$582

$561

$632

$741

$400

$450

$500

$550

$600

$650

$700

$750

09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

108Source AL Department of Revenue

+173 FY 17-18

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 110: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use amp Lodging Tax

Annual Total FY10-11 ndash FY17-18

Piedmont in $ Millions

$136$145 $146 $146

$175

$189 $191$199

$12

$14

$16

$18

$20

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Mil

lio

ns

109Source City of Piedmont

+404 FY 17-18

1 tax increase Jan 1 2015

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 111: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Piedmont in $ Thousands

$397

$307

$290

$340

$390

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

110Source City of Piedmont

-225 O-D 17vs18

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 112: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use Tax

Annual Total FY10-11 ndash FY17-18

Weaver in $ Thousands

$234$289

$343

$444

$571 $555$594

$681

$200

$300

$400

$500

$600

$700

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18

In $

Th

ou

san

ds

111Source City of Weaver

+173 FY 17-18

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 113: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Sales Use amp Lodging Tax

Oct - Dec 2017 vs Oct ndash Dec 2018

Weaver in $ Thousands

$17574

$15276

$80

$100

$120

$140

$160

$180

Oct17-Dec17 Oct18-Dec18

In $

Th

ou

san

ds

112Source City of Weaver

-1307 O-D 17vs18

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 114: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

113

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 115: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

114

New amp Expanding Industries 2018

$128 Million

420 Jobs

Calhoun County Economic Development Council

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 116: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Oxford West Advantage Site

Ribbon Cutting at Oxford West

November 2018

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 117: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

150 acres

McIntosh Industrial Park

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 118: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Four years of growth in Calhoun County

Over $755 million in new investments

Over 2330 new jobs announced

New amp Expanding Industries 2015-2018

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 119: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Ribbon Cutting for $27 million expansion

New Flyer

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 120: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$101 million expansion

150 new jobs

Kronospan

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 121: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$47 million expansion

50 new jobs

Doncasters Southern Tool

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 122: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$11 million expansion

16 new jobs

Huron Valley Steel

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 123: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$3 million expansion18 new jobs

Associated Metalcast

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 124: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$35 million investment

130 new jobs

Renaissance Manufacturing Group

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 125: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

$7 million investment

30 new jobs

Valley Machine Company

$2 million investment9 new jobs

Interstate Sheet Metal

$35 million investment17 new jobs

Other Expansions

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 126: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Over 300 Educators Have Toured More Than 15 Industries Since July 2018

Industry Tours

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 127: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Superintendents principals assistant principals guidance counselors career tech teachers classroom teachers from all 5 public school systems in Calhoun

County have participated

Industry Tours

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 128: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Calhoun County Classes of lsquo21 and rsquo22 Career Interest Survey

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 129: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Calhoun County

Average Wages

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 130: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Employment by Sector2013 2018 change

bull Construction Mining Logging 800 1000 +25bull Manufacturing 5500 6700 +22bull Retail Trade 6000 6000bull Transportation amp Utilities 1200 1200bull Information 600 400 -33bull Financial 1300 1300bull Professional Business Services 4900 4700 -4bull Health and Education 5400 5000 -8bull Leisure amp Hospitality 4800 5200 +8bull Other Services 1800 1700 -6bull Government 12200 12700 +4

Employment Growth Over 5 years

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 131: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

1330 Quintard Avenue ndash Anniston AL 36201 -- (256) 237-3536 -- wwwcalhouncountyedcorg

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 132: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

131

Calhoun County

Economic Summary

bull Membership Survey- ldquoNo Changerdquo to ldquoSlight Increaserdquo

bull Population- Estimated Up Slightly

bull Employment- +846 Dec 2017 ndash Dec 2018

bull Unemployment- Dec 18 ndash 41

bull Sales Tax Revenues- State Collections from County +357

bull Housing Market- Up 290 Total Homes Sold

bull Tourism RevenuesEmployment ndash Up Lodging Taxes +1203

Merrill Hall Former Home of JSU

School of Business and Industry

132

Page 133: 2019 Economic Forum - jsu.edu CCCC 2019 Economic Forum w EDC.pdf · Employment by Sector 2013 2018 % change • Construction, Mining, Logging 800 1000 +25% • Manufacturing 5500

Merrill Hall Former Home of JSU

School of Business and Industry

132


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