States · Alabama

Alabama Economy — Live Data

Alabama's economy runs on aerospace, automotive manufacturing, and agriculture. Unemployment sits at 3.0%, below the national rate of 4.2%. This page tracks the numbers that matter for Alabama — jobs, house prices, and income — straight from federal data, updated automatically.

Unemployment Rate
3.0%
▼ Below US average (4.2%)
Nonfarm Jobs
2.21M
▲ +0.8% jobs YoY
House Prices (YoY)
+4.2%
▲ Rising
Per-Capita Income
$60K
▲ +4.2% vs prior year
Alabama vs. United States — Unemployment
Alabama
3.0%
United States
4.2%

Alabama is outperforming the national labor market. Unemployment of 3.0% is 1.2 points below the US rate — a sign of relative strength in local hiring.

Jobs & Output
Nonfarm payrolls
2.21M
Job growth (YoY)
+0.8%
Real GDP (2025)
$261B
GDP growth (YoY)
+2.0%

Payrolls are monthly (BLS); GDP and income are annual (BEA). Key sectors in Alabama: aerospace, automotive manufacturing, and agriculture.

What this means if you live or work in Alabama
💼
Job market
With unemployment below the national average, employers in Alabama are competing for workers — leverage for job seekers and wage pressure for businesses.
🏠
Housing
House prices are rising moderately (+4.2% YoY) — a balanced market by recent standards.
💵
Income
Per-capita personal income in Alabama is $59,677, up 4.2% from the prior year. Compare against national inflation to gauge real purchasing power.
🏭
Key industries
Alabama's economy leans on aerospace, automotive manufacturing, and agriculture — sector-specific national trends (energy prices, rates, consumer spending) hit this state through those channels first.
Key Numbers — Alabama
Unemployment3.0%
US unemployment4.2%
Nonfarm jobs2.21M
House prices YoY+4.2%
Per-capita income$59,677
Real GDP$261B
Labor data as ofMay 2026
Nearby States
Georgia economy → Tennessee economy → Mississippi economy → Florida economy → All 50 states →
National Data
US labor market → US housing data → US inflation → Full dashboard →

Data: FRED (Federal Reserve Bank of St. Louis) — series ALUR, ALNA, ALSTHPI, ALPCPI, ALRGSP — plus BLS and BEA. Live values load on page open; figures shown are the most recent official releases. Not financial advice.