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The U.S. economy under President Donald Trump shattered expectations in the latest report from the Bureau of Economic Analysis, showing strong growth and lower inflation in the third quarter of this year.
On Monday, Gov. Kay Ivey announced the release of the 2024 New & Expanding Industry Announcements Report, which boasts $7 billion in new capital investments across 224 projects and generates more than 8,500 jobs.
When it comes to economic growth and attracting more business to Alabama, Lt. Gov. Will Ainsworth said government incentives do help, but increasing the labor force should be the primary focus.
Alabama ranked 20th for growth in 2022 in the annual U-Haul Growth Index that tracks the preferred destinations of one-way truck customers.
Alabama has the worst tax climate for businesses in the Southeastern United States, according to the 2023 State Business Tax Climate Index released Tuesday.
The U.S. Labor Department’s Bureau of Labor Statistics on Friday released a jobs report that, while showing job growth, failed to meet...