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 And while the destination for the new building that will replace an outdated courthouse that was built in 1964 has not been decided, one thing is […]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 […]
The Huntsville Area Association of Realtors’ (HAAR) Economic Report for Q1 2022 illustrates the rapid inflation that has hit all aspects of American economic life. The rate of inflation hit 8% in March, a four-fold increase since that month the previous year. With the 8% inflation rate far outstripping the approximately 2% increase in median […]
The genesis of Huntsville’s master plan came during Mayor Tommy Battle’s second term in 2014 when the city was the third largest in Alabama. In 2018, the mayor’s office unveiled The BIG Picture master plan at a time when the city had grown into the state’s second largest. Four years later, with Huntsville now the […]
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 […]
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