Economic Overview and Outlook for the Montgomery Metropolitan Area June 2014

June 2014

College of Business Administration

2013 Economic Overview and Outlook
for the Montgomery Metropolitan Area

Montgomery Metropolitan
Area Overview

Metropolitan
Statistical Areas
in Alabama
A Metropolitan Statistical Area (MSA)
is a geographical region with a relatively
high population density at its core and
close economic ties throughout the
area. MSAs are defined by the Office
of Management and Budget (OMB)
and used by the Census Bureau and
other federal government agencies for
statistical purposes. There are a total
of 388 MSAs in the country, of which
12 MSAs are in the state of Alabama.
Table-1 lists the 12 MSAs ranked based
on population while Table-2 lists the
same MSAs ranked based on their
Current-Dollar GDP. Table-3 lists the
MSAs, the Real GDP and the growth of
Real GDP and ranks them based on the
GDP growth rate during 2012.

The Montgomery metropolitan area
includes four counties: Autauga,
Elmore, Lowndes and Montgomery.
The MSA occupies an area of 131.4
square miles and includes the cities of
Montgomery (population-205,293),
Prattville (population-34,873),
Millbrook (population-14,952),
Wetumpka (population-7,103) and the
town of Pike Road (population-6,555).
As of July 2013, the MSA had a

population of 373,510, ranking it 140th
among United States metropolitan
areas. The metro area had a currentdollar GDP of $15.425 billion during
2012, ranking it 135th among United
States metropolitan areas. The growth
rate of Real GDP was -0.6%, ranking
Montgomery metro at 332 among 388
metro areas in the U.S. in terms of Real
GDP growth rate.

Montgomery metropolitan
area’s population of 373,510,
ranks it 140th among United
States metropolitan areas.