Each year, POLICOM Corporation of Palm
City, Florida, analyzes the economic strength of 363 Metropolitan
Statistical Areas containing 1092 counties, and 577 Micropolitan
Statistical Areas containing 694 counties.
According to the company’s ECONOMIC
STRENGTH RANKINGS–2008, and accompanying information presented by
William H. Fruth of POLICOM, Baldwin County, Alabama (designated as the
Daphne-Fairhope Micropolitan Area) ranked 25th out of the 577
Micros—putting it in the top 4% of the 694 counties. Fruth's report
states "The top rated areas have had rapid, consistent growth in both
size and quality for an extended period of time."
After analyzing said reports, Robert
Ingram, President of the Baldwin County Economic Development Alliance,
relates that this is the fifth consecutive year that Baldwin County has
ranked in the Top 40 Micro Areas. “POLICOM uses dozens of factors to
analyze the quality of the economy, the behavior of the economy, and
negative aspects of the economy,” Ingram stated.
“Growth
rates, including some ‘moving averages’ in certain categories are
combined with pure numbers and numerical growth in other categories to
rank the Micro counties in over 100 categories. Baldwin County placed
in the Top 10 in six of the categories, was the #1 ranked Micro in
Alabama and was the highest ranked Micro in a 6 state region, which
includes Mississippi, Louisiana, Tennessee, Georgia, Arkansas and
Alabama.
“The
Baldwin County EDA’s Board and Staff are grateful to Baldwin County’s
great public and private leadership, and to our investors who play such
a vital role in creating a strong, viable economy which continues to
rank among the best in the US,” concluded Ingram.
The Baldwin County Economic Development
Alliance is a public/private partnership, which works with all five
chambers of commerce, our 13 towns & cities, their Industrial
Development Boards, and our county government on economic development
initiatives. Our mission is to implement an economic development
program that improves the standard of living and quality of life for the
residents of Baldwin County.
The full report is posted on
www.policom.com.