Despite rising inflation and recent stock market instability, it’s still a job seeker’s market. There are roughly 11 million job openings available nationwide as of May 2022, according to the Bureau of Labor Statistics (BLS). For the same month, there were 6.5 million hires. Data from June 2022 shows a 4% increase in the percentage […]
With numerous economic experts predicting that the U.S. is headed toward recession, one of the many concerning signals is a sharp decline in labor productivity. After more than a decade of below-average productivity growth, the COVID-19 pandemic raised the prospect of a productivity boom. Many low-productivity jobs were eliminated early in the pandemic, while major infrastructure investments and the accelerated adoption of […]
A financial tool used to provide millions of dollars toward school improvements and job creation will retire in August, two years ahead of projection and nine years before its required closing. On Wednesday, Huntsville Mayor Tommy Battle announced that the City of Huntsville will soon make its last bond payment to close a tax increment […]
HUNTSVILLE, AL – Bradley Arant Boult Cummings LLP is pleased to announce that the Alabama State Bar Association has recognized H. Harold Stephens with the President’s Award. The President’s Award is presented annually to members of the bar who exemplify the motto of the Alabama State Bar, “Lawyers Render Service.” Mr. Stephens was among the 2022 recipients […]
Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce that its Launch Advisors have selected eleven finalists to participate in the Cycle 2 2022 competition. These companies will compete for a combined $75,000 at a public finale in Huntsville, Alabama on August 30. Alabama Launchpad has finalists in […]
Huntsville – CommentSold, the leading digital commerce solution that enables retail businesses to unlock sales growth through live and social selling, recently announced that it has appointed Steven Power as the company’s new President. This is a new role that will build out CommentSold’s executive team, bringing extensive operational leadership experience. Power has been working with CommentSold for the last […]
The decision to bring the U.S. Space Command, and with it Space Force, is getting closer to reality. The Department of Defense (DoD) released a report confirming an investigation into the decision to relocate the country’s space headquarters from Colorado to Huntsville was proper. This comes despite objections from delegates representing several states who suggested […]
After 14 successful years of banking within and around the Huntsville community, Progress Financial Corporation announced this morning that the company was officially acquired by United Community Bank. This merger agreement, where United will acquire Progress, was executed in an all-stock transaction with an aggregate value of approximately $271.5 million, or $23.52 per share of […]
With the arrival of Small Business Week in North Alabama, City of Huntsville leaders and businesses turn towards the hundreds of companies and entrepreneurs that make up a major backbone for Huntsville’s economy. Along with this recognition comes various awards that help to highlight the importance of small businesses in Huntsville, as well as throughout […]
Ever since Dr. Ken Kitts, President of the University of North Alabama (UNA), began Project 208 back in 2017, one of the major goals of the Florence-based university has been to rediscover its importance in North Alabama’s economic development and educational impact. Dr. Kitts stated that Project 208, named after the 208 miles that separate […]
