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Porter, White & Company Releases 3rd Quarter 2009 Birmingham Area Economic Report

Announcements
December 3, 2009

Porter, White & Company has released its 3rd Quarter 2009 Birmingham Area Economic Report which can be found on our website at www.pwco.com.

Tax Collections in Jefferson County over the Past 20 Years

Ad valorem tax collections have grown more than other taxes collected in the past 20 years in Jefferson County. Sales tax collections have lagged property, lodging and occupational tax collections during the same time. The recent recession has adversely affected all of the County’s tax collections, with the lodging tax suffering the greatest decline in the past two years. (read more...)

The Local Economy

Negative growth continues to plague all of the local economic indicators covered in The Birmingham Area Economic Report. The only indicators on the rise are unemployment rates, which more than doubled in the MSA between September 2008 and 2009. (read more...)

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