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Alabama Economic News

Huntsville, AL

Huntsville Ranked 30th Best Place In America To Find A Job

By Brent Wilson on January 6, 2020

Huntsville, AL is ranked the 30th best place in America to find a job according to online website WalletHub.

In order to determine the best job markets in the U.S., WalletHub compared 182 cities…

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Portrait of pretty mature Asian woman sold her house

Madison County Housing Inventory Lowest Figure In At Least 22 Years

By Brent Wilson on January 6, 2020

ValleyMLS.com and the Huntsville Area Association of REALTORS® (HAAR) reported today that the number of active available listings of homes for sale in Madison County sits at 988, a figure lower than the Multiple Listing…

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Kay Ivey Hyundai

Alabama Hyundai Plant Made 336,000 Vehicles in 2019; Increases Output by 4 Percent

By Dakota Layton on January 5, 2020

On Thursday, Hyundai announced that their Alabama plant produced 336,000 vehicles in 2019 and their total output increased about 4 percent over the previous year.

The Santa Fe SUV was the primary contributor to…

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A lightbulb on dollar bill, energy saving concept

Gov. Ivey Announces $46 Million in Grants to Help Families Pay Energy Bills

By Dakota Layton on January 4, 2020

On Thursday, Governor Kay Ivey announced that twenty-one community service agencies in Alabama will receive $46.2 million in grants to assist low-income families by helping pay their energy bills. The grants were provided by…

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American flags on green grass close up

New Veterans Home To Be Built In Enterprise

By Brent Wilson on January 3, 2020

Today, the Alabama State Board of Veterans Affairs (SBVA) selected a site in Enterprise as the location for a new state veterans home.

In early 2018, the Alabama Department of Veterans Affairs (ADVA) hired…

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Close up of pack full of cigarettes with one cigarette chosen

Madison Wholesalers Inc. Pleads Guilty to Evading Tobacco Taxes

By Dakota Layton on January 3, 2020

According to the Alabama Department of Revenue, Madison Wholesalers Inc. plead guilty to evading tobacco taxes from 2013-2016 through the use of fake invoices to hide what was being purchased from the company in Pennsylvania….

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Black stethoscope close-up on top of Dollar banknotes side view

Some Low-Income Alabamians Will Have Medical Debts Forgiven

By Dakota Layton on December 30, 2019

Thanks to a partnership between a non-profit organization known as F.A.I.T.H founded by Patricia Gant and a national group known as RIP Medical Debt, some low-income Alabamians will have their medical…

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Doug Jones

Senator Doug Jones’ ‘Military Widows Tax’ Repeal Provision Passes The U.S. Senate

By Dakota Layton on December 18, 2019

Senator Doug Jones partnered with Senator Susan Collins of Maine on the Widow’s Tax Elimination Act of 2019. This bipartisan policy priority became a provision of the National Defense Authorization Act. The bill will…

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Top 5 Ranking: Alabama 5th Most Federally Dependent State

By Dakota Layton on December 18, 2019

Despite its dominantly conservative constituency and political representation, according to a new study released this week by WalletHub, Alabama is one of the most federally…

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Dynetics

Huntsville Based Dynetics Purchased For $1.65 Billion

By Brent Wilson on December 17, 2019

Leidos Holdings, Inc. (NYSE: LDOS) has entered into a definitive agreement to acquire privately-owned Dynetics, Inc., which is an industry-leading applied research and national security solutions company based in Huntsville, AL. The purchase price is $1.65 billion…

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