Birmingham and Mobile, Alabama

TTIP_Town_Hall_Locations_Birmingham_AL.jpgBirmingham, Alabama

Birmingham, Alabama (January 21, 2015)

Birmingham earned the nicknames of "The Magic City" and "The Pittsburgh of the South" because of its strong economic growth between 1881 and 1920. Today, according to Forbes, Birmingham ranks as one of the most important business and banking centers in the Southeastern U.S. In 2013, more than 2,600 new jobs and $319.4 million in capital investment were announced in the Birmingham metropolitan area. A diverse regional economy, Birmingham is home to several industries including biotechnology, information technology, corporate, research and development, communications, manufacturing, transportation, mining and distribution and logistics businesses. Corporations headquartered in the area include AT&T Gulf States; American Cast Iron Pipe Company; EBSCO Industries; Harbert Management Corporation; McWane, Inc.; and O’Neal Steel, Inc.

TTIP_Town_Hall_Locations_Mobile_AL.jpgMobile, Alabama

Mobile, Alabama (January 22, 2015)

Located at the mouth of the Mobile River at Mobile Bay, the city of Mobile is the largest Gulf Coast metropolitan area between New Orleans and Tampa. The Port of Mobile has always played a key role in the economic health of the city since its inception. The area is also a center for sectors such as aviation, aerospace, retails and chemicals. Austal USA; BAE Systems Southeast Shipyards; Continental Motors, Inc.; and ST Aerospace Mobile are among the companies based in Mobile. Its economic development efforts over the past decade have garnered $8.5 billion in capital investment and more than 17,400 jobs with an average annual salary of $50,000. Mobile is ranked one of the nation’s best places to live and grow a business. The low cost of doing business, diverse business base, the availability of a professional and skilled workforce, intermodal transportation hub and a high quality of life have all combined to make Mobile an attractive destination for people and businesses.

Alabama Economy At a Glance

Population: 4,833,722 (2013)

Labor Force: 2,259,344 (2013)

Gross Domestic Product (GDP): $193.6 billion (2013) GDP Per Capita: $37,389 (2013)

GDP Ranking among US States: 26th

Household median income: $43,253

Largest Employers:

  • Birmingham Metropolitan Area
    • University of Alabama at Birmingham
    • Regions Financial Corporation
    • AT&T
    • St. Vincent's Health System
    • Honda Manufacturing of Alabama
  • Mobile County
    • Mobile County Public School System
    • Univ. of South Alabama & Medical Facilities
    • Infirmary Health System
    • Austal
    • City of Mobile