UAH leads $20 million statewide effort to apply plasma technologies

 A statewide University of Alabama in Huntsville  (UAH)-led effort to fund, develop and commercialize plasma research and the high-tech workforce it requires is reaching out to a broad coalition of researchers, students, businesspeople and the public with a goal of stimulating thousands of high-paying jobs in Alabama and the Southeast.   “Effective outreach is essential for […]

Real Estate Update: Inventory increases while construction costs remain high

According to Realtor.com’s most recent monthly housing report from February, active listings of homes for sale were up 65.2% relative to January.  This number still represents a 43.2% decrease from 2019’s pre-pandemic levels, however, it is indicative of construction and real estate picking back up from the shutdown. Here in Huntsville, the latest figures, accurate […]

Hospitality industry recovery stronger than expected, brings tax revenue to Alabama

While the COVID-19 pandemic wreaked havoc across all aspects of the economy, the hospitality industry took an especially vicious hit, with its profits decimated and much of its workforce laid off in wake of the catastrophic drop in travel. However, new reports from the American Hotel and Lodging Association (AHLA), in partnership with Oxford Economics, […]

Huntsville: A Beacon for Cybersecurity

Huntsville is a hub of technology and innovation, making it a lucrative target for cybersecurity threats. As Huntsville surges in population and economic growth, the city is becoming a prime target for cybercriminals. Cyber threats have become a pervasive issue, with malicious actors seeking to steal data, disrupt services, and extort organizations. While technical approaches […]

Alabama Launchpad of EDPA chooses finalists for first cycle of 2023

Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce that Launch Advisors have selected 10 finalists to participate in Cycle 1 2023. The finalists will compete for a combined $75,000 at a public finale scheduled to take place April 20, 2023, in Tuscaloosa, Alabama. Alabama Launchpad features entrepreneurs […]

HAAR, Alabama Association of Realtors January Reports Detail State of Alabama Market

The Alabama Association of Realtors (AAR) has released the latest issue of its new, monthly report on the state of Alabama’s real estate market. The issue covers statewide market statistics compiled from the month of January. “Average home prices have declined but remain high relative to pre-pandemic levels affecting housing affordability,” said Alabama REALTORS® 2023 […]

City of Huntsville Once Again Receives Triple-A Credit Ratings

Moody’s Investors Service and S&P Global Ratings have once again awarded Huntsville triple-A credit ratings, received by only a minority of government entities in the nation. Ratings provide a common and transparent global language for investors and other market participants, corporations and governments. Ratings assigned are forward-looking opinions of the relative credit risks of financial obligations […]

The Alabama Business Intelligence Center Expands, Hires New Director of Research

The Alabama Business Intelligence Center (AL BI Center) is pleased to announce its expansion, hiring Jacob Lamb as its Director of Research. Lamb will help build capacity for research activities, support the Alabama Alumni Initiative, assist with corporate due diligence requests, cover insights on public companies doing business in Alabama, and track key trends for […]

Huntsville Ranks Among the Best Cities for Working Parents

The Huntsville/Madison County Chamber Foundation has renewed its partnership for 2023 with the national Best Place for Working Parents® program, offering real-time designations to businesses of all sizes whose family-friendly policies qualify through a first-of-its-kind, 3-minute online self-assessment. The Huntsville/Madison County Chamber Foundation’s partnership offers local business leaders the opportunity to instantly determine whether their organization […]

January Monthly Report Shows Price Dip

The Huntsville Area Association of Realtors (HAAR) has released their monthly report for the month of January.  The report indicates that the average price of a single-family home in Madison County dropped by around $17,000 from December 2022.  With a total of 1493 homes on the market, the inventory of units available for purchase has […]