The Alabama Association of Realtors (AAR) has released the latest issue of its new, monthly report on the state of Alabama’s real estate market. The issue covers statewide market statistics compiled from the month of January. “Average home prices have declined but remain high relative to pre-pandemic levels affecting housing affordability,” said Alabama REALTORS® 2023 […]
The Alabama Business Intelligence Center (AL BI Center) is pleased to announce its expansion, hiring Jacob Lamb as its Director of Research. Lamb will help build capacity for research activities, support the Alabama Alumni Initiative, assist with corporate due diligence requests, cover insights on public companies doing business in Alabama, and track key trends for […]
The residential real estate market continues its winter slump, even as the feverishly-high mortgage rates of the previous year have begun to come back down to Earth. According to the Huntsville Area Association of Realtors, pending sales of single-family homes decreased by 1% in the final week of January, while townhouse/condo sales saw a larger […]
A new report from HelpAdvisor.com, drawing from census polling data taken in December, has Alabama as the state most affected by inflation-related economic stress. According to the report, 81% of adults in Alabama reported feeling “moderate to severe stress” caused by rising prices driven by inflation. This makes Alabama the most affected state in the […]
Innovate Alabama opened applications for the second round of the Innovate Alabama Supplemental Grant Program on Tuesday, Jan. 17. Alabama-based recipients of Phase I and Phase II Federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants are eligible to apply for up to $250,000 in supplemental funding. The program supports Alabama […]
The Women’s Foundation of Alabama, the state’s only philanthropic organization focused on the economic advancement of women, announced the growth of its leadership by appointing LaShundra Pinkard as Chief Operating Officer. A key member of the executive management team, Pinkard will partner with the CEO to lead forward-thinking operational strategy and optimize performance across the […]
In a recent study done by LendingTree, the statistics firm found that 41.4% of households in Alabama say they have reduced or skipped necessities like food or medicine in order to afford their energy bill. While gas prices have made headlines with high inflation and more and more commuters getting back on the road, consumers […]
WASHINGTON D.C. – As the nation marks National Apprenticeship Week, the U.S. Department of Labor announced an initiative to expand its pre-apprenticeship opportunities for Job Corps students and connect them to Registered Apprenticeship programs. The effort will allow Job Corps campuses throughout the nation to emphasize pre-apprenticeship programs in green energy, health care, information technology and other […]
Today, Innovate Alabama board members came together to vote in the organization’s founding CEO, Cynthia Crutchfield. An Alabama native, Crutchfield brings 40 years of experience to the role where she will help innovators grow roots across the state by spearheading Innovate Alabama’s programs, statewide engagement and mission of building a robust, inclusive economy through entrepreneurship and […]
TUSCALOOSA, AL – For the second consecutive quarter, state business leaders have a negative outlook on the economy, according to the latest quarterly survey by The University of Alabama. The UA Center for Business and Economic Research’s latest Alabama Business Confidence Index, taken in early September, remains slightly negative following a similar outlook in the snapshot […]
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