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Economic Forecasting/Analysis

CBER has produced forecasts of economic activity in Alabama since 1980. These forecasts cover Alabama Gross Domestic Product, employment, and income by industry group and are published in the annual Alabama Economic Outlook. Forecast updates are run quarterly. The current economic forecast is Fourth Quarter 2013.

The Center hosts an annual Economic Outlook Conference held in Montgomery. The 2014 Conference took place on January 15th. Speakers at the Conference included:

Dr. David Altig,                    Executive Vice President and Director of Research
                                        Federal Reserve Bank of Atlanta
                                        The Economy: View from the Fed

Dr. Samuel Addy,                Associate Dean for Research and Outreach
                                        Director, Center for Business and Economic Research
                                        Culverhouse College of Commerce
                                        The Alabama Outlook

Mr. Thomas Broughton        Chief Executive Officer and President
                                        ServisFirst Bank Alabama
                                        Commercial Bank Performance

The 2014 Economic Outlook Conference was sponsored by:
Alabama Department of Economic and Community Affairs, Alabama International Trade Center, Alabama Power, Alabama SBDC Network, Alagasco, BlueCross BlueShield of Alabama, Boeing, Hyundai Motor Manufacturing Alabama, Lockheed Martin Space Systems, PowerSouth Energy Cooperative, ServisFirst Bank, Sterne Agee, and Vulcan Materials.

CBER conducts the Alabama Business Confidence Index™ (ABCI) survey quarterly. The online survey provides a forecast of how Alabama business executives think the nation, the state, and their industry will perform during the upcoming quarter. Indices are calculated for the state as a whole, four major metro areas, and selected industries. Results of the survey are published in a quarterly online newsletter and are included in the Center’s economic outlook presentations.

CBER uses economic and statistical modeling and analysis techniques in funded research projects.

Examples of Center projects include:

  • Economic Impact of Retail Electric Competition in Alabama
  • Telecommunications in Alabama: Economic Analysis of Changes in Property and Utility Taxation
  • Greenhouse Gas Inventory and Policy Planning to Reduce Greenhouse Gas Emissions
  • Economic Impact of The Boeing Company on Alabama
  • Economic Impact of the Coalbed Methane Industry

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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