Alabama Economy Catching Up
Wednesday, January 3, 2007
A new report released by the Federal Reserve Bank of Atlanta shows Alabama's economy in 2006 brought the state's per capita income to 86 percent of the national average...the highest reading on record.
Other good news for 2006 was a 3.6 percent unemployment rate which is the lowest in thirty years, an expanded employment base of 1.5 percent and a bright outlook for 2007 with Kia Motors building a new plant in western Georgia.
A strong economy correlates to a strong real estate market, making 2007 a great time to buy or sell a home in Montgomery! Contact us for all your Montgomery real estate needs in 2007.