Economy

Small business survey: Inflation surpasses labor as No. 1 concern

Twenty-five percent of owners nationwide listed inflation as their single most important problem.

June 14, 2023

Two Alabama companies make Fortune 500

Vulcan Materials Company earned $302 million in profit during quarter 1.

Samuel Stettheimer

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June 13, 2023

Alabama metro areas have among country’s lowest unemployment rates

The Birmingham-Hoover metro area was ranked the lowest in the nation at 1.6 percent.

June 9, 2023

Area Development Magazine recognizes Alabama third year in a row

Area Development considered the $10.1 billion of capital investment put toward several projects in the state during 2022.

Samuel Stettheimer

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June 8, 2023

Innovate Alabama launches tax credit program

The discretionary program will provide support to programs designed for innovative small businesses.

June 2, 2023

Kronospan announces $350 million expansion in Oxford

This $350 million investment will create 125 new jobs.

May 26, 2023

Alabama’s housing market continues to slow in April

The median sales price decreased by $18,145 compared to a year ago.

May 23, 2023

April unemployment rate hits new record low of 2.2 percent

It's down from March’s rate of 2.3 percent, and below April 2022’s rate of 2.5 percent. 

May 22, 2023

Innovate Alabama opening third round of SBIR/STTR supplemental grant program

The grant program supports Alabama entrepreneurs and innovators.

May 19, 2023