Alabama Economic News
Doug Jones Urges Alabamians To Prepare For An Economic Downturn Due to the Coronavirus
In an appearance on WVNN’s “The Jeff Poor Show”, Senator Doug Jones urges all Alabamians to prepare for an economic downturn due to the Coronavirus. “Well, we are in an economic downturn, Jeff,” Jones said. “I think the thing people have to understand is that…
Medical Industries of the Americas Will Revive Latex Plant in Barbour County
Alabama state officials announced Tuesday that Medical Industries of the Americas will re-launch latex production at a shuttered factory in Barbour County. The company is expecting to revive production at the former Ameritex Corp. facility in Eufaula during the second quarter of 2020. The move…
Terri Sewell Announces Over $10 Million In Federal Grants To Fight Homelessness
U.S. Rep. Terri Sewell (AL-07) announced today that the United States Department of Housing and Urban Development (HUD) has recently awarded $11,445,018 to local “Continuums of Care” (CoCs) across Alabama’s 7th Congressional District. HUD’s Continuum of Care (CoC) Program works with local non-profit providers and state…
Governor Ivey Announces $7 Million for Local Road and Bridge Projects
Governor Kay Ivey and the Alabama Department of Transportation on Thursday announced that $7 million in funding is being awarded to cities and counties for various local road and bridge projects. The funding is made available through the Annual Grant Program, a new program created…
Doug Jones & Richard Shelby Vote For USMCA Trade Agreement
A rare show of overwhelming bipartisanship happened in Washington, D.C. on Thursday. After passing the House in a 385-41 vote that included yeas from President Trump’s top rivals like House Speaker Nancy Pelosi and House Intelligence Committee Chairman Adam Schiff, the USMCA passed the Senate…
State Sen. Steve Clouse Explains Challenges to Eliminating the Grocery Tax
Alabama, Mississippi, and South Dakota are the only states to levy the full sales tax on groceries. In Alabama, it is 4%, and when combined with other local sales taxes, the amount can be up to 11% in some parts of the state. However, earlier…
Alabama Farmers Federation Says Phase One Trade Agreement ‘Step In Right Direction’
The Alabama Farmers Federation released the following statement on the phase one trade deal that President Trump signed: U.S. President Donald Trump signed “phase one” of a trade agreement with China earlier today which includes a commitment to buy more U.S. agricultural goods including soybeans…
Census Bureau Hiring 1,000 Temporary Workers In Birmingham
In preparation for the 2020 Census, the U.S. Census Bureau is going on a hiring spree looking for temporary workers. The U.S. Census Bureau is looking to hire an additional 1,000 in all areas of Birmingham. Hiring will begin in the next two weeks. Jobs range…
Alabama Unemployment Compensation: Cut from 26 to 14 weeks
As of January 1st, Alabama’s unemployment compensation was cut from 26 weeks to a varying rate between 20 and 14 weeks depending on the state’s unemployment rate. If the state’s annually adjusted unemployment rate is at 6.5 percent or below, filers will be eligible for…
Montgomery Councilman Glen Pruitt To Propose Occupational Tax To Fund Public Safety
Glen Pruitt, a Montgomery City Council Member for District 8, plans to bring up the discussion of an occupational tax for the city of Montgomery with the intention of raising the starting salary of Montgomery police officers and funding public safety in the city. An…