At its most recent Board of Directors meeting, Progress Financial Corporation declared a special one-time cash dividend for their shareholders at $0.25 per share. Progress Financial is the parent company of Progress Bank which has 13 total locations in Alabama and Florida with their headquarters residing in Huntsville. Since opening in 2008, Progress Bank has […]
Huntsville is booming with strong job creation, capital investment, and population growth, making it the biggest city in Alabama years ahead of projections. In order to help keep this growth on a rapid upward trajectory, the Huntsville/Madison County Chamber has redesigned its economic development and recruitment websites, putting them both on a single site, the […]
The Huntsville Area Association of REALTORS® (HAAR) recently published its 2021 Annual and 4th Quarter Real Estate Economics reports. For those of you who have been following the regional housing market over the past few years, the numbers may not come as a big surprise. Despite facing down a pandemic for the past two years, […]
After the New Year’s midnight toast, retailers and small businesses will have a rude awakening. Their retail or commercial leases are indexed for inflation. In November 2021, the annual inflation rate in the US jumped to 6.8%, the highest it’s been since June 1982. After many years of taking low inflation for granted, inflation is […]
Now that North Alabama prepares to bid 2021 either adieu or good riddance, it’s time to look ahead to what 2022 has in store for the area’s retail market. The past year has been eventful, to say the least, leaving consumers and retailers to deal with rising prices along with product and labor shortages. A […]
As anyone who has gone shopping recently knows firsthand, consumer goods such as toilet paper, meat, and frozen vegetables have been more difficult to find and often more expensive. Consumers around the world are having similar experiences due to disruptions in the global supply chain. Although inconvenient for consumers, the recent supply chain disruptions have […]
Nothing more than a curiosity for most Southerners while watching the Winter Olympics, the sport of curling is gaining traction in the city. Yes, curling. The Rocket City Curling Club, founded in 2018 with its home at the Huntsville Iceplex, offers weekly lessons, leagues for youth and adults, and competes in “bonspiels” across the region […]
Madison County Alabama ranked No. 3 in the state for incoming investment according to a survey conducted by SmartAsset, a team of financial techies, journalists, and data analysts that promote accuracy and transparency in all aspects of the financial industry. The study looks at cities across the United States that received the most incoming investments […]
Cases of COVID-19 in Madison County have dropped in the past week. That’s the positive news Crestwood Medical Center CEO Dr. Pam Hudson brought to the COVID-19 briefing Wednesday at the Huntsville City Council chambers. “There is a reduction in new cases over the last seven days of 10 percent,’’ she said. “Some good news […]
With a backdrop of sunshine, classical music and scrumptious food, Special Aerospace Services (SAS) broke ground on their new 55,000 square-foot facility they call “The Campus” at 1101 Explorer Boulevard in Cummings Research Park. The new facility consists of two buildings, and they expect to add up to 50 high technology jobs when they open […]
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