The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024. The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]
Secretary of State Wes Allen spoke to issues of voting integrity, high voting registration rates, and referenced what he called “spiritual warfare” in an address to the Madison County Republican Men’s Club at Trinity United Methodist Church on Saturday. Allen began by acknowledging the difficulties faced by blue collar workers and stated his commitment to […]
The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%. Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
City of Madison Mayor Paul Finley delivered a comprehensive State of the City address at the Von Braun Center’s Saturn Ballroom on Wednesday, June 5th. In his speech, he provided an update on the city’s growth, achievements, and future plans, emphasizing the importance of collaboration, transparency, and responsible governance. Mayor Finley began his address by […]
All of the standard metrics, including job numbers, unemployment, GDP, the stock market, and cooling inflation, indicate that our economy is moving in the right direction and at a much faster clip than any experts had previously predicted. In fact, a few short years ago, economists were almost unanimously predicting a severe economic crash as […]
This week, Millwood, Inc. marked a significant milestone as the company commemorated one year since the inauguration of its pallet repair and manufacturing facility here in Huntsville. Over the past year, the company has achieved substantial growth both internally and within the local community. With a team of 17 members and ambitious plans for further […]
Coca-Cola Bottling Company United, Inc. (UNITED) has announced a significant investment of $330 million in a new state-of-the-art facility in Birmingham’s Kingston community. This development is expected to create up to 50 new jobs and retain over 750 positions in the city. The new facility will be constructed on the former Stockham Valves and Fittings […]
The Huntsville City Council hosted its first meeting in its new chambers on May 23, covering only a few business items. Unfinished Business Items The council reviewed an ordinance amending ordinance number 8979, which pertains to the city’s classification and Salary Plan ordinance. Another ordinance discussed aimed to amend budget ordinance number 23762, modifying the […]
UAH’s Invention to Innovation Center (I2C) hosted the “Defense Innovation Summit: Emerging Technologies for National Security” on Thursday, May 23. The invitation-only gathering was created to facilitate stronger ties between individuals working in different sectors of the national security landscape. “The primary aim of the summit is to establish a network that connects three key […]
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