Is Huntsville an unlikely city that will power the US economy? Bloomberg thinks so


A major business news source has highlighted Huntsville as one of “The Unlikely Cities That Will Power The U.S. Economy.”

Bloomberg Business recently profiled Huntsville for its growing Science, Technology, Engineering and Mathematics (STEM) workforce. The HudsonAlpha Institute for Biotechnology, Redstone Arsenal and Curse were among organizations featured in the Sept. 3 article.

The story shows 16.7 percent of (or 34,900) workers in the Huntsville area had a job in the STEM field in May 2014, making the city the third most tech-friendly workforce in the U.S. Huntsville STEM workers bring home an average annual salary of $92,380 per year, according to Bloomberg.

“Huntsville is one of a growing number of smaller U.S. cities, far from Silicon Valley, that are seeking to replace dwindling factory jobs by reinventing themselves as tech centers,” the article said. “Across the Midwest, Northeast, and South, mayors and governors are competing to attract tech companies and workers.”

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