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Report Offers Positive Outlook in Anniston, Alabama

Report Offers Positive Outlook

City of Anniston News, May 29, 2019 [link]

The construction of a regional federal courthouse in downtown Anniston, Alabama, is guaranteed to produce a positive economic impact, and officials with the City of Anniston received their first indication of what this impact may look like earlier this year. (Note: A link to a downloadable PDF of the report is at the end of this story.)

An Economic Impact Study commissioned by the City of Anniston and produced by the Center for Economic Development and Business Research at Jacksonville State University gives a forecast of how construction activity and capital expenditures of the $42.5 million project could economically benefit the City and County. The study focuses on a 25-month period in Calhoun County beginning this August and culminating in September of 2021. Researchers estimate a total economic impact of $45.7 million during this period of time.

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