Tag Archive for: Madison County

Rate cuts likely delayed as economy hotter than projected

The Consumer Price Index, tracking the economy during the first month of 2024, suggests that the Federal Reserve will be unlikely to cut interest rates until late spring at the earliest.  Data for January showed that the annual inflation rate registered at 3.1%. While this is a noticeable decrease from the 3.4% of December, economists […]

Workforce development goals set to expand with strategic partnership between local schools, Madison County

Drake State Community and Technical College, Madison County, and Huntsville City Schools (HCS) have partnered to address the growing demand for a skilled workforce in Madison County. As a notable step towards this shared goal, Madison County has donated a dump truck to facilitate Drake State’s free CDL classes. HCS will provide space for the […]

Community welcomes first Walk-On’s Bistreaux in North Alabama

Walk-On’s Sports Bistreaux, a national restaurant and sports bar, celebrated the opening of the franchise’s first North Alabama location yesterday at 10:30 with a ribbon cutting ceremony at 8368 Hwy 72 West, Madison, AL. The grand opening featured a special presentation of $5,000 to local charity Manna House. The first 100 guests also received a […]

Alabama A&M University seeking closer alliance with Huntsville, Madison County businesses

President Daniel Wims, of Alabama A&M University (AAMU), spoke to the Huntsville Rotary Club on Tuesday, January 30th. The meeting was held at Huntsville’s First Baptist Church.  Dr. Patricia Sims, President of Drake State, introduced President Wims to the gathered Rotarians and their guests.  President Wims used the opportunity to applaud the record-setting growth of […]

Real Estate Update: Inventory Squeeze Cools Mortgages

Mortgage application volume dropped by 7.2% last week, a drop that the Mortgage Bankers Association is attributing to intense competition among buyers for a relatively small number of units available.  Across the nation, applications for mortgages for purchasing homes specifically declined by 11% over the week, which represented a total drop of 20% year-over-year.  This […]

North Alabama company expands into Canadian market with strategic partnership

Artemis Shielding has announced that the company entered into a distribution agreement with SDI Canada. The partnership allows Artemis Shielding to offer its entire portfolio of lead-free, non-toxic solutions to businesses and organizations throughout Canada. “We are thrilled about the opportunities this collaboration with SDI Canada brings. This partnership not only expands our market reach […]

December 2023 stats cap challenging year for Huntsville’s market

The Huntsville Area Association of Realtors (HAAR) has released its annual report for 2023, as well as the report for the month of December specifically.  2023 was a year defined by the interest rate shock, which reverberated throughout the entire real estate market. Would-be buyers found homeownership a more daunting prospect as 30-year fixed mortgage […]

A letter to the Huntsville Community on Martin Luther King Jr. Day

Dear Huntsville Community, As we take this time to commemorate Martin Luther King Jr. Day, we do so with great reverence and reflection on the legacy of a remarkable leader who dedicated his life to the pursuit of justice, equality, and unity. Today, we honor Dr. King’s enduring contributions to the civil rights movement and […]

Bank Independent promotes new Business Development Officer for Madison market

Bank Independent announced the promotion of Kris Bell to Business Development Officer for Madison County. “The creation of the Business Development Officer role demonstrates our commitment to meeting deposit demand through relationship-based business development,” Bank Independent CEO Rick Wardlaw said. “As Business Development Officer, Kris will serve as an ambassador of the bank’s mission, vision, and values within the […]

Huntsville Health System expands Alabama footprint with latest acquisition

Huntsville Hospital Health System announced a plan to acquire the DeKalb Regional Medical Center, a 134-bed hospital in Fort Payne. The Dekalb acquisition will be yet another hospital center integrated into the North Alabama-based health system. The current 11-hospital system includes the Madison Hospital, Athens-Limestone Hospital, the Decatur Morgan Hospital, the Highlands Medical Center, and […]