MBJ: November 2022 Intel

Page 1

Numbers reflect August 2022 over August 2021.

SAVE THE DATE

DEC. 12

Economic Intel • HOUSING NUMBERS • PRESENTING SPONSOR: GOODWYN MILLS CAWOOD

HOUSING

150th Annual Meeting

492

Renaissance Montgomery Alabama Ballroom Doors open at 11:30 a.m. • Program begins at 12:00pm

8%

TOTAL HOME SALES

Register at montgomery chamber.com/events

AVERAGE SALE PRICE

49

$243,360 • TOURISM UPDATES •

AVERAGE DAYS ON MARKET

AVERAGE SALE PRICE

Source: Alabama Center for Real Estate, Montgomery Area

35% YTD

LODGING TAX

$1,338,048

12,447

NUMBER OF PASSENGERS

EMPLOYMENT & LABOR CIVILIAN LABOR FORCE

178,796

66%

EMPLOYED LABOR FORCE

OCCUPANCY RATE

3.2% UNEMPLOYMENT RATE

173,023

Source: Alabama Department of Labor, MGM Metro Area

AUGUST 2022

TOP SECTORS

EMPLOYEES GOVERNMENT

43,600

TRADE, TRANSPORTATION, WAREHOUSING & UTILITIES

31,100

PROFESSIONAL AND BUSINESS SERVICES

22,900

EDUCATION & HEALTH SERVICES

20,000

Source: Alabama Department of Labor, MGM Metro Area

98 MONTGOMERY BUSINESS JOURNAL


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