Releases from U.S. Bureau of Economic Analysis, More Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. Search and explore the world’s largest statistical database to find data. Please review the copyright information in the series notes before sharing. States expected to be among the most affected anticipate large hits to tourism - Nevada and Hawaii. retrieved from FRED, World and regional statistics, national data, maps and rankings, Latest releases of new datasets and data updates from different sources around the world. They were placed on your computer when you launched this website. Series from Gross Domestic Product (GDP) by State. Enemies of the (US) State & Who to Blame Come November, Banking on a Strong Stock Market? St. Louis, MO 63102, More Of that, tourism accounts for about 7 percent of the state’s GDP, according to last year’s figures. Alabama Manufacturing GDP: 36.40B USD for 2017 Add to Watchlists Create an Alert Overview Interactive Chart Alabama Manufacturing GDP is at a current level of 36.40B, up from 35.62B one year ago. The state ranked 48 th, with the Alabama GDP per capita totaling $41,389. Alabama Alabama’s GDP represents only 1.1% of the US GDP. The picture could change in the coming weeks, however, once data becomes available on consumer loans issued since the national emergency began. Fortunately for all Alabama metros, the state's economy performed much better in 2012 than it did in 2011. In 1st quarter 2020, GDP from manufacturing for Alabama was 38,639.6 millions of current dollars. © 2020 Advance Local Media LLC. automobiles and aerospace products and parts. The description is composed by our digital data assistant. Alabama was grouped among other states, like West Virginia and Missouri, and neighbors like Mississippi and Tennessee, as among the least exposed. Mid-sized automobiles powered by diesel engine represent the fastest grower among the top 10 export categories, up by 179.1% from 2018 to 2019. Alabama gross domestic product is about $221 billion. U.S. Bureau of Economic Analysis, Release: GDP from manufacturing of Alabama increased from 26,631.8 millions of current dollars in 2nd quarter 2010 to 38,639.6 millions of current dollars in 1st quarter 2020 growing at an average annual rate of 0.97%. ECONOMY Mobile, Alabama United States Unemployment Rate 4.1% 3.7% Recent Job Growth 1.5% 1.6% Future Job Growth 27.2% 33.5% Sales Taxes 10.0% 6.2% Income Tax 5.0% 4.6% Income per Cap. Federal Reserve Bank of St. Louis; (Ramsey Archibald/ Alabama’s top 10 exports represent over half (57.4%) of the overall value of the state’s global shipments.