Numbers reflect October 2021 over October 2020. CHAMBER NEWS
Business Buzz
CO M MUN ITY + COMMERCE N EWS
Economic Intel • HOUSING NUMBERS •
• TOURISM UPDATES • $1B+ MEDIA IMPRESSIONS YTD 2021
“WHERE TO GO IN 2021”
“FAMILIES ARE LEADING A NEW WAVE IN BLACK TRAVEL”
“THE BEST STAYCATION IN EVERY STATE”
“BEST PLACES TO TRAVEL IN FEBRUARY”
HOUSING
LOOK WHO’S TALKING ABOUT MGM: “HOW TO CELEBRATE BLACK HISTORY MONTH IN MONTGOMERY, HOME OF THE CIVIL RIGHTS MOVEMENT”
670
531
TOTAL HOMES LISTED FOR SALE
TOTAL HOME SALES
54 AVERAGE DAYS ON MARKET
$217,157
“THE SOUTH’S BEST WALKING TOURS”
AVERAGE SALE PRICE
Source: Alabama Center for Real Estate, Montgomery Area
EMPLOYMENT & LABOR LODGING TAX
#FLY MGM
CIVILIAN LABOR FORCE
167,954
$959,284
EMPLOYED LABOR FORCE
3.4% UNEMPLOYMENT RATE
162,193
OCTOBER 2021 Source: Alabama Department of Labor, MGM Metro Area
26,799 NUMBER OF PASSENGERS OCTOBER 2021
Source: Alabama Tourism Department
+10%
YTD OCCUPANCY RATE
TOP SECTORS
EMPLOYEES GOVERNMENT
44,200
TRADE, TRANSPORTATION, WAREHOUSING & UTILITIES
29,700
PROFESSIONAL AND BUSINESS SERVICES
20,200
EDUCATION & HEALTH SERVICES
19,900
Source: Alabama Department of Labor, MGM Metro Area
90 MONTGOMERY BUSINESS JOURNAL