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Industry in Huntsville Alabama

Huntsville's main economic influence is derived from aerospace and military technology. The U.S. army post Redstone Arsenal, the Cummings Research Park, and NASA's Marshall Space Flight Center are all located in Huntsville. In 2005, Forbes Magazine named the Huntsville-Decatur Combined Statistical Area as 6th best place in the nation for doing business, and number one in terms of the number of engineers per total employment. In 2006, Huntsville dropped to 14th; the prevalence of engineers was not considered in the 2006 ranking.

Major employers in the region include the U.S. Army and Redstone Arsenal, the Huntsville Hospital System, Huntsville City Schools, The Boeing Company and NASA and Marshall Space Flight Center.

The estimated median household income for 2004 was $44,000, up just less than $3,000 from the 2000 estimate. As of June 2007, the unemployment rate for the Huntsville Region is 3.6%.


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Thursday, November 20, 2008