According to new statistics from the Federal Reserve Economic Data (FRED) for July 2022, Alabama had the sixth lowest labor participation rate in the country, despite recently announcing record unemployment.
“Alabama budgets are in a great shape. We are in a better position to weather a storm than we were ten years ago," said Kirk Fulford with the Fiscal Office of the Legislative Services Agency.
“Joe Biden Inherited a Recovery and Created a Recession, When Joe Biden took office in January of 2021, he inherited a booming COVID recovery from the Trump Administration. His economic prescriptions have now had a year to be absorbed by the economy and it's clearly bad medicine. All of his policies on issues from energy, to dealing with supply chain issues, to inflation, have led to this economic mess.," said Rep. Aderholt.
What was once a thriving Birmingham-area indoor mall, Brookwood Village, is now closed to the public. However, the mall has been purchased by two developers.
Biden Administration officials want to redefine recession ahead of GDP report. The President's low economic approval numbers could impact the midterm elections.
“Families are struggling to afford Biden's economy, doing everything from eating less meat to canceling vacations," Tuberville said,
Monday was a bad day for stock investors, the first of several bad days over the past several months. Alabama Republicans react.
By Brandon Moseley A new study shows that Auburn University and its alumni have made a $5.63 billion economic impact on the state of...