Page 106

Numbers reflect February 2019 over February 2018.

Economic Intel TOURISM TOTALING

4,220 ROOMS SOLD

68%

LODGING TAX

+ 16.37% YEAR-TO-DATE INCREASE

EACH NIGHT

OCCUPANCY RATE

+ 1.10% ROOM DEMAND

TURN TO PAGE 10

TOURISM: MGM IS ON THE MAP!

HOUSING FEBRUARY 2019

Source: Smith Travel Research Report, City of Montgomery

WINGS UP!

+ 22%

LOTS OF FULL SEATS!

TOTAL HOME SALES

71,716

PASSENGERS

TOTAL HOMES LISTED FOR SALE

116

+ 10.2%

+ 11%

OVER 2018

+

1,812

BE DIRECT: DIRECT SERVICE T0 DCA AND SFB

AVERAGE SALE PRICE

AVERAGE DAYS ON MARKET Source: Alabama Center for Real Estate, Montgomery Area

Source: MGM (Montgomery Regional Airport)

EMPLOYMENT BY SECTOR

+ 0.6% CIVILIAN

+ 1.0% EMPLOYED

LABOR FORCE

LABOR FORCE

173,549

166,810

3.9% UNEMPLOYMENT RATE

Source: Alabama Department of Labor, MGM Metro Area

SECTORS GOING UP

LABOR FORCE

PROFESSIONAL AND BUSINESS SERVICES

+ 2.8%

OTHER SERVICES

+ 2.2%

FINANCIAL ACTIVITIES

LEISURE & HOSPITALITY

Source: Alabama Department of Labor, MGM Metro Area

106 MONTGOMERY BUSINESS JOURNAL

+ 1.3% + 1.2%

Profile for Montgomery Area Chamber of Commerce

Montgomery Business Journal - May 2019  

Montgomery Business Journal - May 2019