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2008 Forecast Put Mobile Among Fast-Growing U.S. Metro Areas

James Bullard, June 26, 2008

Historical report preserved from an archived 2008 WKRG story.

A 2008 economic forecast cited by WKRG placed Mobile among the country’s fastest-growing metropolitan areas, projecting the nation’s largest change in gross metropolitan product between 2007 and 2012.

The Moody’s Economy.com forecast projected a 34% increase for Mobile. The report attributed regional momentum in part to the planned $3.7 billion ThyssenKrupp steel plant and pointed to automotive manufacturing investment elsewhere in Alabama.

The study examined 363 cities with an urban core of at least 50,000 people and also considered population growth, job growth, housing starts and personal income growth.

This is a record of a 2008 forecast, not a current economic ranking or evaluation of whether the projection was realized.

Related posts:

  1. Boom, Boom, Boom: Mobile Counted Its Winnings in the Summer of 2008
  2. Is Mobile’s Golden Age Right Now? A Realtor Makes the Case for the Present Tense
  3. Mobile Council and County Commission Moved on ThyssenKrupp Steel Incentives
  4. Northrop Grumman Warns It Will Quit the Tanker Race, Putting Mobile’s Brookley Plans at Risk
See also  Mobile's Oakleigh House Museum Loans Rare Portrait to D.C. Museum
Mobile County economic developmentGrowth forecastMobile economyMobile historyThyssenKrupp

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