OZARK MICROPOLITAN RANKED #1 IN ALABAMA
Ozark, Alabama (February 3, 2017) – The Ozark micropolitan area, which includes Dale County, ranked first in the state, according to Policom Corporation’s 2016 Economic Strength Rankings.
“Our ‘Economic Engine’ Fort Rucker continues to drive our local economy, helping us to remain the top micropolitan area in Alabama. To remain the top player means one thing, we must work harder to stay in first place,” Ozark Mayor Bob Bunting said. “It’s a mammoth task to compete for every business and job. The Ozark-Dale County Economic Development Corporation leadership is out front doing just that. I am proud of them.”
Economic strength rankings are released every year by Policom Corporation, an independent economic research firm that specializes in analyzing local and state economies.
The Enterprise micropolitan area ranked second in the state, followed by the Troy area in third. Other Alabama micropolitan areas featured in the study include Albertville, Cullman, Selma, Scottsboro, Talladega-Sylacauga, and Valley.
“The study demonstrates the stability of the Ozark micropolitan. Since 2008, we’ve consistently maintained a top spot in the micropolitan ranking,” said Veronica Crock, ODEC Executive Director. “Our task is to continue working with our communities and existing businesses in expansion and retention efforts while working to bring new opportunities.”
Rankings are based on 23 economic factors over a 20-year period from 1994-2013. Factors measured include wages, personal income, employment statistics, construction revenue, retail revenue, and consistency of growth or decline. Overall state of the economy is based on the standard of living of citizens that work and live in the area.
“This is just another example of why it is so important for all of the towns and cities that make up Dale County to continue to work together,” said Dale County Commission Chairperson Mark Blankenship.
For a micropolitan to be considered in a study, the area must have a city with a population of at least 10,000 but fewer than 50,000. Dale County cities and towns that comprise the Ozark micropolitan include Ariton, Clayhatchee, Daleville, Grimes, Level Plains, Midland City, Napier Field, Newton, Ozark, and Pinckard.
“We are committed to working hard for the people of Dale county,” Blankenship said.
The Policom Corporation created the economic strength rankings to study the characteristics of both strong and weak economies. The highest ranked areas have rapid, consistent growth in both size and quality for an extended period of time.
About the Ozark-Dale County Economic Development Corporation
The Ozark-Dale County Economic Development Corporation (ODEC) leads the county-wide initiative to stimulate job creation and capital investment in Dale County. For more information, call 334-443-2000 or send an email to email@example.com.