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. Staff2 days ago
Economy Inflation overtakes labor quality as top business problem for small businesses Thirty-one percent of owners reported that inflation was the single most important problem in their business. StaffApril 13, 2022
Economy Report: All 25 Black Belt counties are among 35 counties with the highest poverty Alabama’s average poverty rate is 17.6 percent. The Black Belt’s average is 24 percent. Eddie BurkhalterMarch 29, 2022
Economy Report: Alabama among states with most workers earning less than $15 an hour Raising the federal minimum wage to $15 an hour would benefit 896,551 workers in Alabama, according to the report. Eddie BurkhalterMarch 23, 2022
Economy Double digit containment volume growth continues at the Port of Mobile Containers rose 33.0 percent, refrigerated containers rose 80.9 percent, and rail intermodal transfers rose 148.2 percent. StaffMarch 17, 2022
Economy Niagara Bottling plans Alabama production facility, creating 50 jobs in Opelika The bottling plant, located in the Northeast Opelika Industrial Park along Interstate 85, will create 50 jobs initially. StaffMarch 17, 2022
Economy Alabama’s January unemployment rate holds steady at 3.1 percent Alabama’s preliminary, seasonally adjusted January unemployment rate is 3.1 percent, unchanged from December 2021’s rate. StaffMarch 15, 2022
Economy BELLA+CANVAS plans high-tech, fabric-cutting facility in Wetumpka Gov. Kay Ivey said the advanced fabric-cutting facility is expected to create over 550 jobs in Wetumpka. StaffMarch 11, 2022
Economy Small business owners say inflation is No. 1 problem, highest level since ‘81 Twenty-six percent of owners reported that inflation was their single most important problem. StaffMarch 9, 2022
Economy Governor honors seven Alabama companies for their exporting success Governor Kay Ivey on Wednesday recognized seven Alabama companies for success in selling their goods and services in markets across the globe. StaffFebruary 24, 2022
Economy Evonik plans to invest $176.5 million in expansion project at Mobile area facility Governor Kay Ivey announced that the German specialty chemicals company Evonik is launching an expansion project at its Mobile area manufacturing facility. StaffFebruary 23, 2022