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BCEDA News

 
 
 

Baldwin County Economy in Top 4% in 2008 POLICOM Rankings

 

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.