Sports, arts, and entertainment were not only the highlights of the World Games that began in Birmingham, Alabama this past weekend. Meet ALEX, an immersive, first-hand workforce experience that aims to help personify Alabama’s workforce development. ALEX: The Alabama Experience is a mobile exhibit, featuring a collection of interactive kiosks and informational pieces, as well […]
Shoppers these days are feeling the crunch every time they pull out their wallets–prices of consumer goods and services are rising ever higher from the grocery store to the housing market. At the same time, businesses both large and small are dealing with the fallout from consumers who are becoming more selective in their spending […]
Despite many economic experts’ worst fears early in the COVID-19 pandemic, state and local government budgets have proven resilient over the last two years. With much of the economy shut down or hobbled as a result of the pandemic, forecasters initially worried that states and localities would collect substantially lower amounts of sales and income […]
In the heated residential real estate market of the last two years, one factor contributing to fierce competition and rising prices has been real estate investors. While many prospective homebuyers were drawn into the market with historically low interest rates and strong savings and investment returns, they have frequently found themselves outbid by corporate landlords […]
The United States Tennis Association (UTSA) is bringing in 224 young players this week for the 16-Under girls Clay Court Nationals. Those players, and their families, will also bring a financial windfall for the city. According to Joel Lamp of the Huntsville-Madison County Convention and Visitors Bureau (CVB) the tournament from July 10-17 will have […]
Is it still cheaper to buy a house than it is to rent in Huntsville? A recent study from California based ATTOM Data Solutions found that while Madison County is included in the 58% of counties where it’s more affordable to buy a home, the gap between owning and renting is smaller than ever and […]
On Monday, Lockheed Martin officially broke ground on its Missile System Integration Lab (MSIL) at its Huntsville campus. This building, slated to open in Q3 of 2023, will support development, testing, and integration for the Next Generation Interceptor (NGI) program. The $16.5 million facility, designed by Goodwyn Mills Cawood and to be built by Doster […]
Small businesses are the heart of the U.S. economy. Small businesses represent 99.9% of all businesses in the U.S., collectively employing nearly half of all U.S. employees and generating nearly half of U.S. annual GDP, according to data from the U.S. Small Business Administration. But the past two years have been treacherous for many small […]
Back in May, for the first time in five years, residential sales in Huntsville dipped. According to the University of Alabama’s Culver College of Business, sales of residential units slowed by 4.4% compared to the first quarter of 2021. While housing sales – and prices – have been soaring nationwide, Huntsville has been in a […]
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 […]
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