Economy Alabama home sales drop 3 percent in December amid seasonal trends Despite the drop, experts noted the market remained balanced and year-over-year sales figures stayed higher, with median prices reaching $245,615. Staff1 day ago
Economy Ainsworth, Reed, BCA president and legislators to talk Workforce Transformation Plan The bipartisan commission is now preparing legislation to transform the state’s workforce initiatives. StaffJanuary 23, 2024
Economy Realtors release December Alabama Economic and Real Estate Report Mortgage rates, which are considered among the most important factors in real estate sales, have decreased by more than a percentage point. StaffJanuary 23, 2024
Economy Alabama’s labor force participation rate increases to 57.2 percent The number of people counted as employed increased by 40,194 over the year to a record high. StaffJanuary 22, 2024
Economy Mercedes Benz Tuscaloosa workers announce unionization drive with UAW At the Tuscaloosa plant, workers build the Mercedes GLE, the GLE Coupé, GLS model series, and the all-electric EQE and EQS SUVs. Patrick DarringtonJanuary 10, 2024
Economy Poll: Inflation returns as top problem on Main Street Twenty-three percent of small business owners reported that inflation was their single most important problem. StaffJanuary 10, 2024
Economy NFIB Jobs Report: Labor quality remains top concern for small business owners Labor costs reported as the single most important problem for business owners increased. StaffJanuary 5, 2024
Economy Report: Alabama’s housing market is poised to rebound in 2024 Positive indicators, such as steadily declining interest and inflation rates, offer strong hope for a rebound in the coming year. StaffJanuary 2, 2024
Economy Alabama’s labor force participation rate increases to 57.1 percent Alabama’s November unemployment rate was 2.4 percent, up slightly from 2.3 percent in October. StaffJanuary 2, 2024
Economy Alabama sees job growth and record high employment in November, labor participation up “This job growth continues improving, and we know that Alabama’s employers are continuing to add jobs each and every month,” said Washington. StaffDecember 25, 2023
Economy Alabama Realtors release November real estate report Positive indicators, such as steadily declining interest and inflation rates, offer strong hope for a rebound in the coming year. StaffDecember 21, 2023