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 Statewide survey of employed, unemployed youth in Alabama The survey revealed that 80 percent of young people in Alabama are content with their jobs. StaffAugust 29, 2023
Economy Alabama Realtors release July Economic and Real Estate Report Alabama's median sales price increased to $228,030, achieving the highest median sales price recorded this year. StaffAugust 22, 2023
Economy Alabama’s labor force participation rate remains unchanged at 57 percent Alabama’s preliminary, seasonally adjusted July unemployment rate dropped to a new record low of 2.1 percent. StaffAugust 21, 2023
Economy Auto parts maker Shinhwa plans $114 million Alabama expansion The growth project will create 50 jobs and add a new 170,000-square-foot production building on Shinhwa’s campus in Auburn. StaffAugust 16, 2023
Economy Southern Research announces new incubator space for biotech startups The incubator space will be part of Southern Research’s Station 41 biotech commercialization hub. StaffAugust 16, 2023
Economy Report: Alabama CEOs make 226 times more than the average worker The AFL-CIO released its annual Executive Paywatch report analyzing the disparity between CEO and worker pay ratios. Patrick DarringtonAugust 10, 2023
Economy Innovate Alabama awards a third round of millions in small business grants The total is reaching nearly $10 million in total funds awarded since the program’s launch last year. StaffAugust 10, 2023
Economy Trendco USA announces Alabama facility, creating 292 jobs for Macon County Trendco USA plans to invest $43 million to launch a manufacturing operation in a Tuskegee logistics hub. StaffAugust 10, 2023
Congress Sewell releases employer lineup for 12th annual Montgomery job fair This year’s job fair will feature over 80 employers from 10 industries. StaffJuly 28, 2023
Economy Ainsworth appoints Jeff Peoples, Gary Smith to 21st Century Workforce commission The commission was created in 2019 to continually assess and strengthen Alabama’s workforce. Jacob HolmesJuly 14, 2023