![Austal contributes to the local job market](/images/south-alabama-job-market_311.jpg)
Austal USA and the South Alabama Job Market
![Austal contributes to the local job market](/images/south-alabama-job-market_311.jpg)
Found 4 blog entries tagged as "economy".
After three straight years of increases in the numbers of visitors and the economical benefits associated, Baldwin County is obviously gaining in popularity. More people are visiting and spending more while they're here.
Over five million people visited the Alabama Gulf Coast in 2012 and spent $2.9 billion while visiting Baldwin County. That's an increase of over 4 million visitors and over $100 million since 2011; this year (2013) is slated to break these number and establish new record marks.
It's estimated the coastal cities of Orange Beach and Gulf Shores, AL will generate an estimated $343 million in rentals this year, an increase from $323 million in 2012 and $280 million in 2011. These numbers were based from the Gulf Shores and Orange
…According to Dr. Don Epley, director of the center for real estate and economic development (CRES) at the University of South Alabama in Mobile, AL, business and real estate activity along the Alabama Gulf Coast should outpace that of the U.S. average. While speaking at the recent seminar, Epley cited reports from the Federal Reserve bank in Philadelphia which studies economic indicators for the region including parts of South Alabama including: Gulf Shores, Orange Beach, Spanish Fort, Daphne, Fairhope and Mobile, AL. According to these reports, Epley and others believe Alabama will grow at a rate of 4.6 percent placing them in the top 5 U.S. states in terms of growth. By contrast, the U.S. economy as a whole is expected to grow at a rate between 2