Economy Annual Alabama Economic and Real Estate Report 2024 The state’s 62,539 home sales in 2024 declined by roughly 18 percent compared to the 76,258 in 2023. Staff1 day ago
Economy New PARCA report predicts slowing economy in Alabama A new analysis of state tax revenues predicts the era of big budget increases may be coming to an end. Jacob HolmesNovember 20, 2023
Economy Two Alabama businesses found in violation of labor laws Investigations into two businesses in Birmingham and Montgomery were found in violation of federal labor law last week. Patrick DarringtonNovember 20, 2023
Economy NFIB report: Tight labor market continues to hinder Main Street Thirty-seven percent of owners have openings for skilled workers and 18 percent have openings for unskilled labor. StaffNovember 3, 2023
Economy Alabama’s holiday spending to approach $18.75 billion, up 4 percent from 2022 This follows a consistent rise in taxed sales throughout the state, witnessing a growth of 5.5% up to August 2023. StaffNovember 2, 2023
Economy Alabama’s labor crisis under scrutiny by House Commission amid record growth Although Alabama boasts the seventh lowest unemployment rate nationally, its labor force participation lingers at 57.2 percent. StaffOctober 31, 2023
Economy Innovate Alabama awards $9.3M to foster innovation in 17 counties This ambitious project seeks to weave together communities, nonprofits, and academic institutions across Alabama. StaffOctober 27, 2023
Economy Study: Auburn University provides $6.3 billion economic boost to Alabama This tremendous figure encompasses the creation of over 30,000 job opportunities, aside from the university's direct hires. StaffOctober 25, 2023
Economy Alabama labor force steady at 57 percent, record high employment numbers September's data shows a slight increase in Alabama’s unemployment rate, up from August’s 2.1 percent to 2.2 percent. StaffOctober 23, 2023
Economy Birmingham scores Federal Tech Hub Spot, competes for $75M funding boost Beyond recognition, this designation creates the potential for thousands of jobs for Alabamians from various walks of life. StaffOctober 23, 2023
Economy Canfield steps down after 12-Year reign; McNair tapped for Commerce Secretary Governor Ivey announces Greg Canfield's departure after 12 years, appoints economic expert Ellen McNair as next Commerce Department Secretary. Bill BrittOctober 20, 2023