The Alabama housing market seems to have continued its slide into the month of April. The new information comes from the April 2023 Alabama Economic and Real Estate Report, published by the Alabama Association of Realtors.

The Alabama Southern Railroad is all aboard on its latest project to expand its current and future operations in the Yellowhammer State.The Tuscaloosa County Economic Development Authority has announced that the large scale railroad company will be creating a second rail yard in Tuscaloosa.

The Alabama Department of Economic and Community Affairs (ADECA) has reached an important milestone in broadband expansion by hosting community broadband meetings in each of Alabama’s 67 counties. The meetings, implemented through the Alabama Community Broadband Technical Assistance Program, are designed to bring community leaders to the table and provide state-level assistance to support local […]

The United States faces potential default in June as we run up against the debt ceiling, currently at $31.4 trillion. Whether the debt ceiling is good policy depends largely on one’s attitude toward Federal spending. Is our national debt sustainable? I will defer to the judgment of financial markets. Interest rates compensate savers for being […]

Alabama’s online sales tax, known as the Simplified Sellers Use Tax (SSUT), is beginning to pay off in ways unimagined at its inception in 2016. Since that time, the program has generated $1.8 billion. Alabama channels 50% of the SSUT collection into state budgets. Of that, 75% is directed to the General Fund while the […]

The formal announcement recently made by the Banana Republic team was a cause for celebration for Alabama natives.

Angela Herblet and Denise Morris will take part in the Deep Space Food Challenge, a global competition to develop food systems for long-term exploration missions.

Alabama-based Blair Block has begun producing the world’s first, ultra-low-carbon concrete blocks at its facility in Childersburg.

Food & Wine Magazine listed Alabama made Domestique coffee beans among the nation’s best, citing the quality of the roasted product.

Fred Johnson, the CEO of Farmers Telecommunications Cooperative, urged the senators to continue rural broadband funding through the Farm Bill

Austal USA, a state-of-the-art ship manufacturing facility and company in Mobile, has just won a massive contract from the US Navy potentially worth $3.195 billion.

Records are made to be broken and the Yellowhammer State continues to do so in the economic arena. A record low 51,462 people are unemployed in Alabama, according to the latest figures released today by the governor’s office. That number is down from 53,017 in March and 57,712 in April 2022. The preliminary, seasonally adjusted […]

Innovate Alabama is continuing its push to help fund small businesses throughout the state of Alabama. The organization announced this week that it will be opening a third round of applications beginning June 1st.

In today's competitive real estate market, use these 6 tips to write the strongest offer from Huntsville expert Sid Pugh.

Hoover has what it takes to build the next state-of-the-art skate park as skateboarding is on the rise in Huntsville and downtown Birmingham.

Airbus is well known globally for their technological contributions to the aviation industry. Over the past few years, however, the company has begun contributing in a way that may help shape the company's future.

In his first hearing as Ranking Member of the U.S. Agriculture, Nutrition, and Forestry (AG) Subcommittee on Rural Development and Energy, Senator Tommy Tuberville called reliable broadband throughout the state,especially in rural areas, was "vital."

We chatted with Sid Pugh, North Alabama REALTOR® and local broker of The Pugh Group,  to gain insight on the Alabama market and learn how buyers can take their best shot at winning a contract. “Inventory of homes on the market is still very low in most areas. Nationwide we are over 5 million homes […]

Sierra Pacific Windows, a California based high end window and door production company, has announced that it will be expanding into Alabama and opening a new manufacturing plant in Phenix City, Alabama.

Northrop Grumman Corporation has delivered key Integrated Battle Command System components for Poland’s medium-range air defense program. The recent delivery of the IBCS Integrated Fire Control Network relays supports the WISŁA program’s fielding schedule, which is the first foreign military sale of IBCS, the company said in a news release. “Northrop Grumman is transforming decision […]

The Biden Administration is battling what it terms “junk fees.” Is this consumer protection, or will it simply create additional costly regulation? The answer depends largely on how one views competition in markets. The term junk fees include bank overdraft fees, credit card late fees, airline baggage and seat selection fees, hotel resort and destination […]

Alabama Gov. Kay Ivey said keeping and developing workers must be a priority for the state’s economic development efforts. “In all my years of public service, I have never seen our state so full of opportunities,” she said. “This is our opportunity; let’s not waste a moment.” Ivey addressed business leaders from across the state at […]

The Regional East Alabama Logistics Park, which aims to supercharge economic growth in the Tuskegee region, is open for business.

The REI Cooperative Action Fund has granted Alabama's Singing River Trail $100,000, the largest grant amount to date.