The Economic Development Partnership of Alabama (EDPA) has recently announced the development of the Alabama Business Intelligence Center (ABIC). The Alabama Business Intelligence Center generates actionable data insights for the recruitment and retention of Alabama businesses. Its initial areas of focus include industries, companies, and executives that align with Alabama’s value proposition. In an statement, […]
The Huntsville Area Association of Realtors’ (HAAR) report for the month of July has been released. These figures suggest that the reverberations of the pandemic disruptions to the residential real estate market have largely settled out. 802 homes sold in Madison County last month, down from 930 sold in July of 2021, and even a […]
HUNTSVILLE, AL – Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce its partnership with the Alabama Power Foundation, launching the first statewide Alabama Launchpad: Social Impact Competition. This inaugural Social Impact Competition is fit for entrepreneurs who are intent on making a positive impact on society through […]
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 […]
Huntsville’s downtown square has always been centered by the Madison County Courthouse. That will no longer be true once a site has been determined to build a new courthouse. And while the destination for the new building that will replace an outdated courthouse that was built in 1964 has not been decided, one thing is […]
Recently, U.S. District Judge Liles Burke sided with the Tennessee Valley Authority (TVA) in a lawsuit claiming they breached its contract with Nuclear Development LLC over the acquisition of the Bellefonte Nuclear Power Plant. Judge Liles ruled that TVA was within its rights to cancel the sale of the power plant to the Memphis based […]
While the coronavirus keeps reminding the country, and Madison County, it’s not through with us as recent case numbers and hospitalizations rise in wake of the new sub-variant BA.5, the original COVID-19 is still having an impact. Though perhaps not as significant as at the height of the pandemic, staffing and supply chain issues that […]
A claim, put forward by Yahoo Finance in April and further analyzed on AL.com last month, suggested that the average price of a home in Huntsville could reach a million dollars by 2030. Seems a bit steep, doesn’t it? And yet, this future may not be as outlandish as it appears at first glance. Gabrielle […]
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 […]
HUNTSVILLE, AL – Freeman Webb Company of Nashville, Tennessee, a full-service real estate investment and management firm, recently took over Gravity at 255 Apartment Homes in the Huntsville area from Lurin Capital with the transition facilitated by Craig Hey and Andrew Brown with Cushman & Wakefield. The 334-unit apartment complex is Freeman Webb’s seventh property […]
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