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Alabama Updated Businesses Database 01/07
This business database is available for immediate download and contains updated business listings for all Alabama businesses that filed changes of demographic, location or contact information for the month of January 2007. Complete Alabama marketing information is available for each of the businesses in this website content database. This Alabama download database can be purchased as a single item using the links provided or you can subscribe to our Updated Businesses Database Service.
Statistics from 2006 indicate that business development has continued to grow in the state of Alabama. While the job growth dropped by 1.8%, it remained higher than the United States average. Alabama is well known for its construction industry, as well as its hospitality. These industries saw a rapid growth in 2006, and the labor market maintained its position. The unemployment rate for Alabama is 3.6 percent, much lower than the American average. At the same time, business bankruptcies remained quite high. By the second quarter of 2006, bankruptcy filings in Alabama reached 4.24 for every 1000 residents.
One business industry that has continued to grow in Alabama is real estate. During the first six months of 2006, real estate sales increase by almost 3%, which is much higher than 2005. Despite this, the inventories also increased, and they did so much faster than real estate sales. Much of the real estate sales in 2006 were a result of creative real estate deals, and these deals made up over 20% of sales that occured througout the state. Manufacturing businesses have continued to grow in the state, and this can also be reflected in the employment rates. While the appreciation of homes was quite high, it still did not surpass the national average.
Residential construction is an industry that has continued to grow. Its growth in 2006 was relatively small, and it was 2.4% higher than 2005. Because of Hurricane Katrina, the property insurance industry continues to be prosperous, yet risky for insurance companies. This is bad news for homeowners, who may have had insurance premiums increase by more than 200%. Many insurance companies stopped offering coverage for homes that are located close to large bodies of water. A large number of automobile businesses have been established in Alabama, and this has allowed the manufacturing industry to expand.
However, it should also be noted that manufacturers competing in traditional industries have been put at risk. For example, over 2000 jobs cuts were announced in apparel industry during 2006, and competition from overseas markets has threatened the very profitability of this industry. In contrast, community banks continue to do well in the state. The standard return on investments was 1.27% in 2006, which is higher than 2005. Interest rate increases have also played an important role in this trend. The demand for real estate loans has continued in the state, and this has play an additional role in the success of many local banks.
Alabama stood out from many states in 2006, and the unemployment rate was very low. While traditional manufacturers may be at risk, those who continue to evolve have experienced rapid growth. The real estate market also remained profitable during 2006, and this growth is likely to continue. While the apparel industry has been threatened, this trend is not simply connected to Alabama. It is an issue that has been seen all over the United States, particularly in regions that rely on the sale of apparel.
Record Fields: ID, Mailing Address, City, State, Zipcode, Carrier Route, Delivery Point, County, Phone Number, Fax Number, Website, Owner First and Last Names, Contact Title, Owner Sex, Employee Count, Annual Revenue, Sales Volume, Primary and Secondary SIC Codes, SIC Descriptions, Headquarters Type, Firm Type, Metro Area, Office Size, Office Square Footage, Franchise Information
Usage Rights License: $160.00 Full Rights License: $400.00 Records: 170,657
Sample Data: Sample data can be found on the product page (link below) - Actual Database Available in MS Access 2000, MS Access 97, MySQL Dump, MS Excel, MS SQL Server 2000 or Delimited File set