In May 2007, German steelmaker ThyssenKrupp selected Calvert in Mobile County for a 4.65 billion combined stainless and carbon steel processing facility. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. FL and In 2019, the real GDP of Alabama amounted to about 202.94 billion U.S. dollars. of $ in January of 2019, according to the United States Federal Reserve. In 2017 (latest data available), the following metropolitan areas in Alabama recorded goods exports: Birmingham ($2.1 billion), Huntsville ($1.9 billion), Mobile ($1.8 billion), Daphne-Fairhope-Foley ($1.8 billion), Montgomery ($1.1 billion), Columbus ($541 million), Decatur ($448.6 million), Anniston ($278.7 million), Florence ($271.5 million), Auburn ($271.2 million), Dothan ($223.4 million), Gadsden ($30.3 million). By 2006, crop and animal production in Alabama was valued at $1.5 billion. Alabama goods exports in 2016 (latest year available) supported an estimated 98 thousand jobs. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. [14], Automakers accounted for approximately a third of the industrial expansion in the state in 2012. [6], Alabama has no state minimum wage and uses the federal minimum wage of $7.25. Canada was followed by China ($3.0 billion), Mexico ($2.6 billion), Germany ($2.5 billion), and Japan ($832 million). [1], Non-agricultural employment in 2008 was 121,800 in management occupations; 71,750 in business and financial operations; 36,790 in computer-related and mathematical occupation; 44,200 in architecture and engineering; 12,410 in life, physical, and social sciences; 32,260 in community and social services; 12,770 in legal occupations; 116,250 in education, training, and library services; 27,840 in art, design and media occupations; 121,110 in healthcare; 44,750 in fire fighting, law enforcement, and security; 154,040 in food preparation and serving; 76,650 in building and grounds cleaning and maintenance; 53,230 in personal care and services; 244,510 in sales; 338,760 in office and administration support; 20,510 in farming, fishing, and forestry; 120,155 in construction and mining, gas, and oil extraction; 106,280 in installation, maintenance, and repair; 224,110 in production; and 167,160 in transportation and material moving. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. MILITARY SPENDING details, budget and history. State FY20 Taxes UpdateOn September 22, 2020 updated FY2020 state revenue with quarterly tax data ... Federal Revenue by State for 2019 [39][40] UAB is the largest state government employer in Alabama, with a workforce of about 18,000. The company also operates terminals in Mobile, Melvin, and Moundville. Revenue Alabama goods exports in 2016 (latest year available) supported an estimated 98 thousand jobs. It has been in operation since 1929. A great deal of Alabama's economic growth since the 1990s has been due to the state's expanding automotive manufacturing industry. Birmingham has an unemployment rate of 4.6%.