According to Moody's Economy at www.economy.com, Mobile County will have the fastest growing economy over the next five years among all 363 American metropolitan areas, growing 34.31 percent from 2007 through 2012.
The $3.7 billion ThyssenKrupp AG steel mill, Austal USA's continued growth in shipbuilding, Northrop Grumman/EADS airplane assembly plants are credited for this projected growth. Forbes also mentions the city's port and highway access as positives.
According to the survey, Huntsville, Auburn-Opelika and Gulfport-Biloxi, are nearby metropolitan areas that could be among the nation's hottest growth areas.
"Being at the top of this list is the best third-party endorsement we could ever receive. This proves that our economy is on a roll and continues to be recognized by investors throughout the world." said Bill Sisson, the Mobile Area Chamber of Commerce's vice president for economic development.
Click on the link for more detail from Al.com:
(All information gathered is private.)
Thank You For Your Interest!