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Business Financing in Alabama (AL)

Equipment Leasing in Alabama

Population of Alabama (AL)

  • Estimated Population: 4,802,740
  • Estimated Business Population: 77,035

Geography of Alabama (AL)

  • Land Area (in kilometers squared): 131,426
  • Capital: Montgomery
  • Time Zone(s): Central

Economy of Alabama (AL)

  • Alabama Gross Domestic Product (GDP in $Millions): $174,400

Politics of Alabama (AL)

  • Senator: Richard Shelby
  • Senator: Jeff Sessions

History of Alabama

Spanish explorers are believed to have first arrived at Mobile Bay, Alabama in 1519. In 1702, the first permanent European settlement in Alabama was founded by the French at Fort Louis de la Mobile. The British gained control of the area in 1763 by the Treaty of Paris but had to cede almost all the Alabama region to the U.S. and Spain after the American Revolution. Alabama later became the site of landmark civil-rights actions including the bus boycott in Montgomery in 1955 and the Freedom March from Selma in 1965.

Main Industries

Alabama has a wide range of industries throughout its cities, however agriculture, mining, hydroelectric power, and steel making play the most dominant roles. There is also a substantial automotive industry in Alabama including Toyota, Hyundai, Mercedez Benz, Honda, and Chrysler engine plants.

Future of Industries

With an average of more than 50 inches of rainfall a year, water is Alabama's most abundant natural resource. As water for irrigation becomes scarce and expensive in arid regions of the country, more attention may be focused on Alabama as a setting for agricultural production.

Tax Information for Popular Cities

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