Center for Business and Economic Research, The University of Alabama

Second Quarter Forecast Sees Alabama Economy on Track for Moderate Growth in 2012

Economists at The University of Alabama's Center for Business and Economic Research (CBER) expect growth in the state's economy to accelerate to 2.5 percent in 2012, following expansion of around 2.2 percent during 2011. Strong exports and growth in the state's motor vehicle and parts manufacturing industry are ...more

Executive Summary––Second Quarter 2012 Alabama Business Confidence Index™

ABCI: Business sentiment measured by UA’s Alabama Business Confidence Index™ (ABCI) climbed 6.0 points to 56.8 on the second quarter 2012 survey. This marks a return to the level of confidence held by panelists...more

UA Economist Provides Cost-Benefit Analysis of New Alabama Immigration Law

In a new study, Dr. Samuel Addy, Director of UA's Center for Business and Economic Research, utilizes cost-benefit analysis to assess the economic impacts of HB 56, the Alabama immigration law...more

Alabama 2012 Economic Forecast Released at Annual Conference

Alabama’s economy should continue to slowly recover in 2012 according to the forecast from the Center for Business and Economic Research (CBER) presented at the 24th annual Economic Outlook Conference held January 12 in Montgomery... more

The University of Alabama 2009-2010 Economic Impacts

For 2009-2010, The University of Alabama (UA) economic impacts on the State of Alabama were $2.033 billion and 10,346 jobs. About $81.4 million in state and local tax revenues were generated; nearly $51 million for the state ($24.4 million sales and $26.6 million income) and about $30.5 million local sales tax.

For every $1 of state appropriation UA created a $14.68 statewide impact with leveraging. Alabama will realize a 13.4 percent annual rate of return on the $138.5 million state appropriation to UA over the working life of the 2009-2010 graduating class from $1.034 billion in additional income and sales taxes ($725.1 million state and $308.5 million local).

Alabama home football games had a total impact of $162.7 million on the state for the seven home games in the year, an average of $23.2 million per game... more

Report takes broad look at Alabama economy and related topics

A study completed by CBER in 2011 for the Alabama Association of Regional Councils (AARC) assesses the status of the state’s economy, people, resources, and environment in global, national, and regional contexts. The 53-page report, Alabama in the Global Economy, considers the question of “Where do we go from here?” and offers policy recommendations for sustainable development. It is part of the AARC’s recent update of Alabama’s Comprehensive Economic Development Strategy (CEDS). You can visit the Alabama CEDS website at http://ceds.alabama.gov/ for reports, data, and maps or access the Alabama in the Global Economy report directly here.

Preliminary Economic and Fiscal Impacts of the April 27, 2011 Tornadoes in Alabama

Preliminary macroeconomic impact estimates of the April 27, 2011 tornadoes that hit Alabama are reductions of (i) 0.2-0.5 percent in employment or 5,600-13,200 jobs, (ii) 0.2-0.5 percent in state tax collections or $19.1-44.5 million, (iii) 0.5-0.7 percent in Alabama Gross Domestic Product (GDP) or $835 million to $1.3 billion, and (iv) $4.4-10.2 million in local sales tax collections. These loss effects are expected to be experienced in 2011 only...more

BP Oil Spill Preliminary Macroeconomic Impacts on Alabama

The Center for Business and Economic Research has released preliminary macroeconomic impact estimates of the BP Deepwater Horizon oil spill on Alabama for 2010... more

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Center for Business and Economic Research, Box 870221, Tuscaloosa, AL 35487-0221
Phone: 205.348.6191, Fax: 205.348.2951, Email: uacber@cba.ua.edu