|
Top 10 Greatest Accomplishments in
the South the Last 10 Years
By Mike Randle
Many people don't realize how fast the South has grown
in just 50 years. Right after World War II, the South,
Northeast and Midwest all had about the same population.
In fact, the 1950 Census showed that the Midwest had
a population of 44.6 million, the Northeast 42.3 million
and the South had a population of 43.3 million. In 1950
the West was the only region that was not comparable.
It had a population of just 19.4 million.
Today, the Midwest and Northeast each have a population
of around 55.5 million. In just 52 years, the West has
shot past those two regions with 63 million persons.
The South's population growth in 50 years, however,
is extraordinary. In 2001, the South had a population
of 107 million persons, or about the same population
of the Midwest and Northeast combined.
While attracting people is not necessarily an accomplishment,
it certainly is a strong indication that the Southern
region of the U.S. is one of the most attractive places
to live and work on the planet.
The following regional economic and social accomplishments
over the last 10 years are those that I found to be
the most impressive. We did not take a poll on which
Southern accomplishments since 1992 -- when this magazine
was launched -- were the most important or impressive.
These accomplishments are my choices and they are ranked
in order of importance from my perspective exclusively.
No. 1 Accomplishment in the South 1993-2002: South
Takes Top Spot in Every Gross Regional Product Category
In 1996, the American South topped the Northeast, Midwest
and West in every Gross Regional Product category identified
by the federal government but one. The South led all
regions in the value of production in manufacturing,
construction, farms/forestry, transportation, wholesale
trade, retail trade and government categories. The only
category where the South did not outperform all other
U.S. regions was the FIRE sector (finances, insurance,
real estate).
But that changed in 2000, when the South produced a
FIRE GRP of $250.6 billion, while the Northeast's total
was $248 billion that year. What that meant is the South
now leads all U.S. regions in every Gross Regional Product
category, something I'm sure Franklin Roosevelt couldn't
imagine happening when he launched the New Deal and
the Tennessee Valley Authority in the 1930s in an effort
to "prime the pump of the most impoverished region
of this great nation."
2001 Gross Regional Product
(in trillions)
Region Total
South $3.27
West $2.17
Northeast $2.04
Midwest $1.82
Source: U.S. Statistical Abstract
No. 2: Job Creation
If you are looking for a job, nowhere else in the country
is a better place to look than in the South. The last
10 years have seen the United States create 22,015,000
net new jobs. That's an astounding figure, a 10-year
total that can't be challenged in the history of the
nation's economy. The South's contribution to the total
number of jobs created in this country over the last
10 years is even more astounding. Over the last 10 years,
the South has created 10,146,000 net new jobs, or roughly
half the total generated in this country since this
magazine was founded.
The South was led by Texas, which created a net new
job total of 2,349,000 between 1992 and 2001. Florida
is the South's second largest generator of jobs over
the last 10 years with 1,689,000. Georgia created an
even 1,000,000 and North Carolina came in with 829,000
net new jobs since 1992.
Job Creation in Southern States Last 10 Years
(net jobs)
Texas 2,349,000
Florida 1,689,000
Georgia 1,000,000
North Carolina 829,000
Virginia 611,000
Tennessee 543,000
Missouri 413,000
Kentucky
354,000
Louisiana 341,000
South Carolina 332,000
Alabama 302,000
Oklahoma
289,000
Maryland 278,000
Kansas 252,000
Arkansas 238,000
Mississippi 220,000
West Virginia 106,000
Source: U.S. Bureau of Labor Statistics
No. 3: Educational Attainment
Educational attainment in the South is not only an
accomplishment it's also a challenge for the next 10
years. Yes, over the last 10 years, the South has made
significant gains on national averages in educational
attainment. In 1992, the U.S. average for high school
graduates was at 75.2 percent. That year, the South's
average high school graduate rate was nearly five points
behind the U.S. average, at 70.6 percent.
Today, the gains the South has made in education attainment
are readily apparent. In 2001, the national high school
graduation rate was 84.1 percent. Less than two points
behind is the South's high school graduation rate: 82.2
percent. The figure represents nearly a three-point
gain on the national high school graduation average
in 10 years.
Mirroring high school educational attainment in the
South vs. the U.S. as a whole is the average of college
degrees of four years or more. The current U.S. average
is 25.6 percent. The current average in the South of
residents with four-year degrees or more is 23.8 percent,
or a mere 1.6 percent difference in the U.S. average.
Ten years ago, the South was nearly three percentage
points behind the national average of residents with
four-year degrees with 17.7 percent compared to 20.5.
Education accomplishments? Absolutely. Any gains in
education in the South are major accomplishments. And,
if I'm owning and publishing this magazine 10 years
from now, we'll do this again. I'll bet virtually every
educational attainment average found in the South will
meet or exceed the U.S. average.
No 4: Reduction in African-American Poverty
My "Southbound" column's subject in this
past winter edition centered on poverty rates among
the South's black population. I was motivated to find
out how African-Americans have performed economically
in the South since Martin Luther King's "I have
a dream" speech at the Lincoln Memorial on August
28, 1963. What motivated me was I heard the speech in
its entirety for the first time on CNN the night of
Martin Luther King Day.
When I began my research, the first thing I did was
to try and find poverty rates for blacks in 1963. To
my surprise, no data existed. The federal government
didn't begin tracking black poverty until 1966, even
though white poverty had been tracked with some accuracy
since the 1930s. In 1966, 42 percent of African-Americans
in the U.S. were at or below the poverty level. While
I could find no "state" data, which would
give me a Southern percentage of black poverty, one
could easily estimate that black poverty in the South
was at least 20 percentage points higher than the national
average.
In 1992, when President Clinton was elected and this
magazine was launched, poverty levels of blacks in the
South remained alarmingly high at about one-in-three.
But since 1992, the percentage of African-Americans
in poverty in the American South has dropped dramatically.
Today, 21 percent of African-American Southerners are
at or below the poverty level. That figure is, for the
first time in history, lower than the U.S. average and
beats other regions of the U.S. Today, African-American
poverty in the Northeast (22.5 percent) and Midwest
(24.4 percent) is higher than that found in the South.
Now that's a major Southern accomplishment over the
last 10 years!
Regional African-American Poverty Rates
Midwest 24.4%
Northeast 22.5%
South 21.4%
West 19.6%
Source: U.S. Census
No. 5: Diversity Ends Southern Stereotyping
For most of you reading this, you're in a location
outside the South. That being the case, you'll have
a tough time understanding my fifth-most important Southern
accomplishment over the last 10 years. Actually, it's
not an accomplishment, just an effect from the maturation
of a market. But if you are a Southerner who has endured
the butt of unkind words time and time again from the
national media for most of his or her life, you know
that the No. 5 accomplishment is one of the most important
that has occurred over the last 10 years.
In just the last 10 years, many born-and-raised Southerners,
especially those in rural areas, small markets and mid-markets,
have grown accustomed to seeing folks from different
countries at the most popular restaurant in town speaking
a different language other than English. Ten years ago,
this was an initial shock to many of those Southerners.
Today, it's routine.
In larger markets -- but not the South's largest --
such as Birmingham, Greenville, Jacksonville, Memphis,
San Antonio, Louisville and Richmond for example, the
languages and accents heard and spoken over the last
10 years have changed from a Southern drawl almost exclusively,
to a myriad of dialects from New Yorkers, to Bostonians
to those strange sounds that emit from the mouths of
folks from USA's Great White North (Minnesewta and WisCahnsin).
Throw in Asian, African, Middle Eastern and Spanish
influences and the South's most important markets for
the next 10 years have now earned their diversity degrees
in just the last 10 years. Those second-tier Southern
markets were not diverse in terms of more than two colors
or languages just 10 years ago.
As for the South's mega-markets -- there are seven
over 2 million or more in population: Baltimore/Washington/Northern
Virginia, Houston, Dallas/Fort Worth, St. Louis, Atlanta,
Tampa Bay and South Florida -- they have continued to
diversify their population base as they have for the
last 20 to 30 years. In the case of Baltimore and St.
Louis, their diversity began more than 100 years ago.
Unfortunately, the last 10 years have seen the born-and-raised
Southerner leaving the South's mega-markets more than
not, making way for wide-eyed, new frontier, non-Southern-born
families, who have either been forced by corporate decree
to relocate their families to the South from the Northeast
or Midwest, or have chosen those markets to live and
work when they moved here from another country.
The sudden diversity of the South's population over
the last 10 years has created new challenges. But one
byproduct of those challenges centers on the fact that
the national media doesn't hammer us as they did for
... uh, 137 years. Since the Civil War ended, the national
media, once exclusively based in non-Southern locales,
pounded the South every chance it could. I know. I've
been the South's most astute monitor and flag bearer
for 10 years now. It's been my job to battle Southern
stereotyping and to defend this region when writers
and electronic media folks, many of whom have never
stepped foot in the region, hammer us in public. I recall
a few years ago a popular sports radio personality who
said on her show, "You folks are idiots down there.
That's why no one lives down there" (the South).
Duh, lady read more.
Let me give you some hard evidence at what I'm writing
about. Take a look at the adjoining line art. This came
from the New York Times right after Mercedes announced
it had chosen Alabama for its first North American assembly
plant. Is this a fair depiction of the emerging American
South? Puuuuuuuuleeeeeeeeze! Fortunately, no cartoons
were drawn when Honda, Nissan and Hyundai announced
they were investing billions in Mississippi and Alabama
after Mercedes took the plunge.
No. 6: The Formation of the Southern Automotive
Corridor
No industry has "primed the pump," as Franklin
D. Roosevelt explained in the No. 1 greatest Southern
accomplishment, than the automotive industry's incredible
job and investment record in the South over the last
10 years. It accounts for hundreds of thousands of high-paying
jobs in the South. To give you an example of how many
jobs have been created by the expanding Southern automotive
industry, all you have to do is go back to the late
1970s. In the '70s, Tennessee was home to around 20
automotive suppliers. Today, over 900 automotive suppliers
are operating in the Volunteer State.
You know South Carolina's story. BMW chose the Palmetto
State for its first North American assembly plant exactly
10 years ago. That facility has expanded several times.
Mississippi garnered Nissan two years ago and has announced
an expansion of the plant prior to its opening. Kentucky
has also been very proficient in attracting automotive
facilities, as have virtually every other state in the
South.
And then there's Alabama. No state in the American
South has seen its auto industry grow and expand like
Alabama's has over the last 10 years. Tennessee, Kentucky
and North Carolina currently have more suppliers. But
with Mercedes and Honda in the middle of massive expansions
and Hyundai just beginning to construct its plant, automotive
suppliers will be flocking to Alabama in the next few
years
No. 7: Southern State Rural Efforts
When economic development was invented in the South
shortly after WWII, its primary mission was to steer
industrial deals and create jobs in areas of the region
that were the poorest. Undeniably, that was the South's
rural areas. As the South's metros began to grow at
rapid rates between 1970 and 1990, the original mission
of the founding of economic development was largely
forgotten.
During the economic heyday of the 1990s, state officials
realized there were large regions of the South that
were not benefiting from the double-digit growth of
the metros. While major metros were sporting unemployment
rates of one and two percent, the South's rural regions
struggled economically with 10 and 15 percent unemployment
rates. Something was wrong and something had to be done.
In the early and mid-1990s, many Southern states restructured
their incentives in ways that made it highly profitable
for industry to locate in distressed counties and regions.
Of course, every one of those areas targeted for much
higher incentives were rural areas. The typical rural
incentive centered on the company receiving as much
as 15 times the standard value of tax credits. Most
state tax credits have now been structured on a sliding
scale: the most distressed the area, the more incentives
the company will receive; the least distressed, such
as a metro area, the least amount of incentives will
be paid out.
No. 8: Foreign Investment
The South has led all other U.S. regions in foreign
direct investment every year since Southern Business
& Development was founded in late 1992. Each year
over the last 10 years, the total foreign investment
gap has widened between the South and the three other
U.S. regions. Today, the South is home to 40 percent
of the $925 trillion dollars invested by foreign companies
in the U.S. (1999 figures are the latest available).
In 1992, the foreign investment in the South represented
35 percent of the nation's total.
Why is being the No. 1 region in foreign investment
in the No. 1 economy in the world such an accomplishment?
Foreign companies can choose any location in the U.S.
to invest in. While that's generally the case with domestic
companies, many are tied to their locations for a variety
of reasons. So, if the majority of foreign companies
are opting for one region over another, it is a testament
to that region's attractiveness.
One of the primary reasons foreign companies have chosen
the South over other regions in the last 10 years is
the South's low union participation rate and that fact
that 14 states in the South have Right to Work laws
on the books. Foreign automakers have especially been
attracted to the South over the last 10 years. During
that time, BMW, Mercedes, Nissan and Hyundai have chosen
the South for their newest assembly plants.
Foreign Direct Investment 1999
(value in trillions of dollars)
Region
Total
South
$362
West $226
Midwest $195
Northeast $160
Source: U.S. Statistical Abstract
No. 9: Growth Management
This accomplishment is strictly a 1990s thing. Growth
in the South in the 1970s and 1980s went largely unchecked.
Those Southern major markets that grew the fastest during
that 20-year period are now paying for it with higher
than average vehicular delays, basic infrastructure
that's at or beyond capacity, air quality issues, water
quality and capacity issues and stressed school systems.
Fortunately, the American South is the third region,
not the first or second, to experience phenomenal growth
in the nation's history. First was the Northeast, then
the Midwest. Much of the West (sans California) is just
now dealing with growth the way the South has for 32
years now. States such as Nevada, New Mexico, Arizona,
Oregon, Washington and Idaho are leading the nation
in population growth.
Southern markets that did not spike 20 and 30 years
ago are now growing in a "smart" fashion.
And those that did are growing smarter as well. Virtually
every Southern state and county that experienced rapid
growth over the last 30 years now has growth management
planning on the books. In the late 1990s, those plans
included ways to slow sprawl by redeveloping central
business districts, limiting the number of housing developments
on a per-acre basis and not approving every major highway
or interstate interchange request that came down the
pike. Smart growth and growth management can also be
traced to accomplishment No. 7. By creating jobs in
rural counties, you cut down on out-migration commutes
into large markets. That helps not only traffic congestion,
but air quality, too.
No. 10: Y'all Came and Didn't Leave
The last 10 years have seen millions of people and
thousands of companies relocate to the American South.
That's part of what economic developers in this region
try and accomplish every day. The welcome mat goes out
and they hope a company or two will take a walk on it.
Once that is accomplished, the people will follow the
jobs that are created.
While the 1970s and 1980s are known as the decades
that companies relocated to the South in droves, the
last 10 years can be best described as when droves of
Yankee families discovered all of the South, not just
Atlanta, Miami, Tampa Bay, Dallas/Fort Worth and Houston.
Yes, we're now hip-deep in Yankees region-wide and I
would like for the first time to take this opportunity
to thank all of those who made the trek to the South
and set up shops and homesteads throughout the region.
You have helped this region economically. You have helped
this region diversify. You have demanded that education
in the South equal or surpass the levels from which
you came. You have forced our leaders to think on a
much broader basis. And you have helped put many a dollar
into even the poorest Southerner's pocket.
My hope is that we have been fine hosts, that we have
been professional and that we have impressed you. We
welcome you and new industry and I can assure you we
will continue that welcome for the next 10 years. Thank
you for coming! Thank you for trusting us! And thank
you for propelling the American South to "The World's
Third-Largest Economy." Now, tell your friends
so we can overtake Japan for the No. 2 spot, will you?
|