Ivey declares Nov. 25 as “Small Business Saturday”
Gov. Kay Ivey on Wednesday signed a proclamation declaring Nov. 25 as Small Business Saturday in the state of Alabama.
Economy
Alabama Arise unveils strategies to tackle workforce participation crisis in Alabama
This initiative comes at a crucial juncture, with Alabama witnessing one of the nation's lowest labor force participation rates.
Alabama’s real estate market remains down in October
But declining interest rates offer hope for future rebound.
November 21, 2023
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.
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.
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.
November 3, 2023
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.
November 2, 2023
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.
October 31, 2023
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.
October 27, 2023
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.
October 25, 2023