Huntsville area leads the nation in new construction job growth. The Associated General Contractors of America, February 2016
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3 Huntsville area leads the nation in new construction job growth The Associated General Contractors of America, February 2016
4 Population Density 2015 Total Population (Esri) by Census Tracts More than 9,000 new jobs over the past 3 years 5-year projection: 7% growth, 32,000 new residents Expected to grow beyond 500,000 people by 2025 Redstone Arsenal 10,173 14,511 7,487 10,172 5,147 7,486 3,250 5, ,249
5 Economic Growth Index COMBINED EMPLOYMENT, GDP AND WAGES 40% 35% Huntsville 33% 30% 25% 20% 15% U.S. 14% 10% 5% 0% -5% Alabama 10%
6 Economic Growth Since 2007 Population 6.6% 14.7% Employment 2.8% 4.7% Huntsville United States GDP 6.6% 13.0% Huntsville has the skilled workforce to support an additional 10,000 manufacturing jobs through 2024.
7 Legacy of Innovation & Exploration METRO POPULATION 101, , , , , , , ,593 VON BRAUN ARMY MISSILES SPACE DEFENSE ELECTRONICS BRAC BIOTECH NASA APOLLO DIVERSIFIED MANUFACTURING SPACE SCIENCE AGRICULTURE ADVANCED MANUFACTURING
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9 Primary Industries AEROSPACE ADVANCED MANUFACTURING INFORMATION TECHNOLOGY BIOSCIENCE DEFENSE
10 Economic Development Highlights ANNOUNCED NEW JOBS, BRAC 4,714 2,000 2,000 1,300 1,063 1,
11 Redstone Arsenal 38,000 Acres 41,866 Jobs Materiel Management Acquisition, Contracting & Sustainment Space Operations & Missile Defense Exploration & Defensive Capabilities Research, Development, Test & Engineering Innovative Application of Sciences & Technologies Intelligence & Homeland Defense Threat Analysis & Explosives Training Total budgets managed: More than $50 Billion 14 General Officers & 123 SES Positions
12 Top Military Spending Locations FY2014 Santa Clara County, California Fairfax County, Virginia Honolulu County, Hawaii Los Angeles County, California Tarrant County, Texas Madison County, Alabama District of Columbia Newport News City, Virginia San Diego County, California Bexar County, Texas Fairfax County, Virginia $19.1 B Madison County, Alabama $ 7.0 B San Diego County, California $15.1 B Honolulu County, Hawaii $ 6.7 B Tarrant County, Texas $13.8 B Bexar County, Texas $ 6.7 B Los Angeles County, California $ 8.0 B District of Columbia $ 6.5 B Santa Clara County, California $ 7.4 B Newport News City, Virginia $ 6.2 B Sources: Defense Manpower Data Center, U.S. Bureau of Economic Analysis, U.S. Census Bureau, and Chmura Economics & Analytics
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14 Huntsville is one of top metros to Power the U.S. Economy Bloomberg Business, September 2015
15 Industrial and Research Parks/Sites
16 Second largest research park in the United States Fourth largest research park in the world
17 Port of Huntsville Second-Longest Runway in the Southeast (12,600 ft) Foreign Trade Zone 83 Non-Stop Cargo Flights to Europe, Asia & South America Top Airports in the U.S. for International Cargo 1. Miami 2. JFK 3. LAX 4. O Hare 5. Hartsfield-Jackson 6. Dallas/Ft. Worth 7. Memphis 8. Newark 9. San Francisco 10. Bush IC 11. Dulles 12. Cincinnati 13. Philadelphia 14. HSV 15. Seattle 16. Detroit 17. Logan 18. Orlando 19. LA/Ontario 20. Indianapolis
18 Workforce Area 13-County Workforce Region 517,000 labor force 1.1 million people 43,000 daily commuters
19 Highest ratio of engineers in the U.S. Top 5 for electronics, computer hardware and materials engineers Top 5 for software developers
20 Top 15% of population with bachelor s degree or higher Highest ratio of computer systems analysts and user support specialists Skilled workforce to support additional 10,000 manufacturing jobs through 2024
21 K-12 Education 5 public school systems: 65,191 students 91% average graduation rate More than 90% of students attend public school Industry Focus: Cyber Engineering Advanced Manufacturing Academically challenging programs (AP and IB) 19 private schools
22 Post-secondary Education Total enrollment: 25,517
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24 Huntsville cited as a top 5 destination for hiking REI, January 2016
25 Dollars & Sense Cost of Living: 10% less than the national average Average Commute: Less than 20 minutes inside Madison Co. a minute per mile throughout region $250 million additional investment in road infrastructure Cost of Doing Business: Operating expenses are 32% less than national average. Rent per square foot is 25% less than national average. Sources: C2ER, U.S. Census, BOMA
26 Quality Healthcare 5 th largest public system in the U.S. 3 full-service locations 800-bed Trauma I center St. Jude s Research Hospital Residency Program
27 Huntsville: Gig City
28 Create Innovate Explore
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