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Economy

High death rate, low immigration levels leave Alabama with one of nation’s lowest growth rates

New numbers from the U.S. Census Bureau shows that Alabama has one of the nation’s lowest growth rates. “As Alabama approaches its 200th birthday, the state is still adding population but at a slower rate than most of its Southeastern neighbors,” analysts wrote in a Public Affairs Research Council of Alabama analysis of the Census … Continued
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January 23, 2019

Ivey awards first broadband accessibility grants

Alabama Gov. Kay Ivey announced the first ever grants from Alabama’s Broadband Accessibility Fund. Residents in seven Alabama communities will be afforded access to high-speed internet thanks to the grants, totaling almost $1.1 million. The fund was created by the Alabama Legislature and signed into reality in March 2018 by Gov. Ivey. “These grants may … Continued
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January 23, 2019

Red state governors tout economic success of Medicaid expansion

Montana’s Gov. Steve Bullock presented a report in early January that shows Medicaid expansion has added $270 million to the state’s economy annually since its passage in 2015, according to The Great Falls Tribune. “I think that it’s time we finally fully recognize the value of Medicaid expansion is as much for Montana businesses as it … Continued
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January 22, 2019

I-20/59 through downtown Birmingham closes for a year

The portion of Interstate 20/59 through downtown Birmingham has officially closed for a year of construction and repairs. The shutdown began Monday evening and includes the bridges through Birmingham’s central business district from the Interstate 65 interchange to the interchange at Red Mountain Expressway. The bridges through downtown are among the busiest stretches of highway … Continued
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January 22, 2019

More than 240 federal workers apply for unemployment compensation in Alabama as shutdown drags on

The true effects of the prolonged partial government shutdown are appearing as the impasse preventing funding for about a quarter of the federal government drags on toward its third week. The Alabama Department of Labor clarified Wednesday that furloughed federal employees meet state eligibility requirements. At least 240 federal workers have applied for unemployment compensation … Continued
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January 10, 2019

Shipt inks major deal to anchor Birmingham’s tallest skyscraper

The Birmingham-based same-day delivery service Shipt is expanding in its hometown. Shipt announced plans this week to become the anchor tenant of Birmingham’s tallest skyscraper, Wells Fargo Tower, which will soon be renamed as Shipt Tower. Located at 420 20th Street North, Shipt plans to renovate the building as the company continues to grow following its $550 million acquisition … Continued
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January 9, 2019

Nine stories to keep an eye on in 2019

9. Who will challenge Sen. Doug Jones in 2020? It may have been only a year ago that Doug Jones won in a historic victory that sent a Democrat from Alabama to the U.S. Senate for the first time in a quarter century, but he’s up for re-election in 2020. With that election just around the corner, … Continued
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December 31, 2018