Monday, August 01, 2005
On this day:

Alabama Economy is "On a Roll"

Our population is growing, business profits are increasing, and the unemployment rate is lower than that of most other states. According to the B'ham News:

Recent government reports show Alabama is creating thousands of jobs each month and adding more new residents than most other states. And Alabama Power, the state's largest utility, said Tuesday that demand from Alabama's auto and industrial plants has risen, suggesting a bullish outlook by factory managers.

George Clark, head of the lobbying group Manufacture Alabama, says his sector of the economy is rising.

"I hear it all the time now from our members," he said. "Even in some of the recently depressed industries such as pulp and paper, chemicals, even textiles is doing better now and hiring new people for the first time in decades."

...Also Tuesday, there were signs Alabama's auto industry is running full out. Alabama Power spokeswoman Alice Gordon said factories so far this year have demanded 2.5 percent more electricity than a year earlier, with strong contributions from an auto industry that didn't even exist a decade ago. In April, May and June, industrial demand rose by more than 1 percent each month when compared to a year earlier, Gordon said...

The most recent reports show Alabama with the 16th lowest unemployment in the country. The state's companies have created 30,000 jobs in the past 12 months, according to the governor's office.

All that despite a work force that has been labeled illiterate, uneducated, and poorly-trained. Amazing, huh?