MONTGOMERY, Alabama – Alabama’s unemployment rate dropped to 6 percent in November, its lowest point since 2008, as job growth in sectors such as manufacturing and construction continues at a strong…
Category: The Alabama Economy
National Tax Organization Grades Alabama Tax Effort
The Council on State Taxation credited the Business Council of Alabama for helping pass legislation that updated the Taxpayers Bill of Rights and created the independent Alabama Tax Tribunal, which began…
FreightCar America Adding 150-200 Jobs in $10 Million Alabama Expansion
CHEROKEE, Alabama — Chicago-based FreightCar America Inc. announced plans today to expand railcar production in Alabama as part of a $10 million project that will create 150 to 200 jobs in Colbert County. FreightCar…
Standard & Poor's Assigns Highest Rating to Alabama's ATRIP Bonds
MONTGOMERY—Governor Robert Bentley on Monday announced that Standard & Poor’s Ratings Services has assigned its ‘AAA’ rating for $508.5 million in state highway bonds. The ‘AAA’ rating for the transportation bond…
Concern Over Proposed EPA Clean Air Act Regulation
Business Council of Alabama President and CEO William J. Canary has submitted concerns over a proposed Environmental Protection Agency rule that will cost Alabama businesses and consumers at least $5.2 billion in…
4 Alabama Metros Rank in Top 100 of 'America's Smartest Cities'
Four Alabama metropolitan areas ranked among the nation’s 100 “Smartest Cities” in an analysis that examines which metro areas are gaining brainpower in the 21st Century. To compile its list, researcher…
Sylacauga Marble Quarry Venture Plans Rebirth for Alabama White Marble
The belt of white marble that runs beneath this central Alabama city once yielded gleaming columns, panels and other architectural elements found in monuments, government buildings, hotels and banks across the…
Alabama's October Unemployment Rate Drops to 6.3%
Governor Robert Bentley on Friday announced that Alabama’s preliminary, seasonally adjusted October unemployment rate is 6.3%, down from September’s rate of 6.6%. October’s rate represents 133,470 unemployed persons, compared to 140,555…