Stat Pfls Aca’s Hgh-Gth Cpas
State-by-state analysisof Inc. 500 firms over thirty years
THe ASCenTo AmeriCA’SHiGH-GrowTHComPAnieS
Yasuyuki Motoyamaand Brian Danley
September 2012
STATE PROFILES
OF AMERICA’S HIGH
-GROWTH COMPANIES
STATE PROFILES
OF AMERICA’S HIGH
-GROWTH COMPANIES
Overview
Developed as part of “The Ascent of America’s High
-
Growth Companies,” a Kauffman
Foundation report series that analyzes geographic trends of Inc. 500 companies from 1982-2010, these profiles reveal state-specific trends in growth or decline of Inc. firms over threedecades
. The profiles also compare Inc. companies’ presence in each state’s Metropolitan
Statistical Areas and industrial sectors.
STATE PROFILES OF AMERICA’S HIGH-GROWTH COMPANIES
ALABAMA
STATE PROFILES OF AMERICA’S HIGH-GROWTH COMPANIES
ALABAMA
Inc. 500 Firms by Population
Alabama’s population grew by approximately 10 percentfrom 1990 to 2000 while experiencing an almost 31percent increase in Inc. 500 companies. The state’spopulation grew approximately 7.5 percent from 2000 to2010 but only experienced a 3.6 percent increase inInc. 500 companies during the same period.
Inc. 500 Firms by MSA
Huntsville has the third highest score among MSAs smaller than 1 million people but larger than0.2 million. Together, Huntsville and Birmingham-Hoover have had 75 percent of Alabama’s Inc.companies since 2001. Dothan only has two Inc. 500 companies but they are differentcompanies in different years, unlike smaller cities that have high normalized scores in otherstates.
Inc. 500 Firms by Industry
In Alabama, both Defense and Retail firms separately constitute about 13 percent of Inc.companies, which is higher than the national average of 0.6 percent and 4.4 percent,respectively.
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State Profiles of America's High-Growth Companies: State-by-State Analysis of Inc. 500 Firms Over Thirty Years
Developed as part of “The Ascent of America’s High-Growth Companies,” a Kauffman Foundation report series that analyzes geographic trends of Inc. 500 companies from 1982-2010, these profiles reveal state-specific trends in growth or decline of Inc.…
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