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Economy

Ivey proclaims Small Business Saturday

Alabama Gov. Kay Ivey signed a proclamation Monday to formally declare Nov. 30, 2019, as Small Business Saturday in the state of Alabama. This special designation by the governor is intended to celebrate and support small businesses and the impact they have on communities across the state. “Small businesses continue to serve as the backbone … Continued
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November 26, 2019

Alabama Power’s solar fee challenged in PSC hearing

Thursday, the Alabama Public Service Commission held a formal hearing to consider a complaint by the Southern Environmental Law Center, on behalf of the environmental activist group, GASP and two other parties, demanding that the PSC abolish an Alabama Power Company charge on customers with solar panels that use Alabama Power as a backup service. … Continued
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November 22, 2019

State unemployment rate drops to new low

Alabama Department of Labor Secretary Fitzgerald Washington announced last week that Alabama reached a new record low unemployment rate in October. Alabama’s preliminary, seasonally adjusted October unemployment rate is just 2.8 percent, down from September’s rate of 3.0 percent, and well below October 2018’s rate of 3.8 percent. “More than 80,000 Alabamians are working today … Continued
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November 22, 2019

Hyundai to build the Santa Cruz in Montgomery adding 200 jobs

Wednesday, Alabama Governor Kay Ivey (R) announced that Hyundai would add another product line at its Montgomery assembly plant. The Hyundai Santa Cruz will now also be built in Montgomery. The decision means 200 more jobs at the Montgomery plant. Governor Kay Ivey joined Hyundai executives and local leaders to announce that Hyundai plans to … Continued
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November 14, 2019

Report: Alabama children’s wellness making slight gains, but racial disparities remain

Children in Alabama are faring slightly better than they were last year across several wellness indicators, but almost 300,000 Alabama children, 26 percent, still live in poverty, and racial disparities remain across every key wellness indicator.  According to the 2019 Alabama Kids Count released publicly on Tuesday the state’s infant mortality rate is at an … Continued
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November 13, 2019

Tribe offers to buy exclusive rights to gambling in Alabama

On Veterans Day, Nov. 11, the Poarch Band of Creek Indians released its winning for Alabama plan, which, if accepted by the state, would give the tribe—comprised of roughly 4,000 individuals—exclusive gaming rights throughout Alabama. Over the last several weeks, PCI, which pays no tax on its gaming profits in the state, has been running … Continued
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November 12, 2019

First summit on rural workforce development held in Livingston

Friday, November 1 Alabama Power and Alabama Commission on Higher Education collaborated for first Alabama Summit on Rural Workforce Development, which was held on the campus of the University of West Alabama, Organizers hoped that the event will advance economic, workforce and rural development across Alabama. Hundreds of economic and workforce development professionals packed the … Continued
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November 11, 2019