Forbes.com

Small Metro Areas

Mobile, Ala.
Rank: 1

Projected total GMP growth, 2007-2012: 34.31%

Australian shipbuilder Austal set up its U.S. operations in Mobile in 1999, and ever since, the metro area has bloomed as a manufacturing center. Last year, ThyssenKrupp announced plans to build a $3.7 billion steel plant in Mobile, expected to bring 2,700 new jobs by 2010. Northrop-Grumman and EADS North America have selected the city as a tanker production facility. One of Mobile's biggest advantages: It's a deep water port with access to two major U.S. highways.
 

© Kathy Hicks/IstockPhoto
Source: Moody's Economy.com, Mobile Chamber of Commerce