Economy

Birmingham Economy’s Prospects? Study Under Wraps Takes Exacting Look

This story by Robert Carter and Carol Nunnelley originally appeared in BirminghamWatch. In January, Alabama’s Department of Labor reported online help-wanted ads for 2,089 openings for registered nurses in the state. Only truck drivers were more highly sought. In metro Birmingham, the help-wanted website indeed.com listed more than 600 openings for jobs with the keyword […]

Apple CEO Commemorates King’s Legacy in Birmingham

Apple CEO and Alabama native Tim Cook returned to his home state today to commemorate the life of Dr. Martin Luther King Jr. Cook spoke to a diverse group of high school and college students at a Southern Christian Leadership Conference forum at Sixth Avenue Baptist Church.

“Opportunity” the Key Word for Birmingham’s New Economic Development Director

Josh Carpenter, Birmingham's new director of economic development, says his focus is to create opportunity for people to become empowered.

Toyota, Mazda Announce Huntsville as Site for New Plant

Mazda and Toyota announced Huntsville as the city of choice for a new manufacturing plant on Wednesday.

Trump Plan Would Open Most US Waters to Drilling, Including Gulf

The Trump administration announced Thursday it’s planning to allow new offshore oil and gas drilling in more than 90 percent of U.S. waters, including the Gulf of Mexico. The administration would also offer a record number of leases to energy firms. Of those 47, 12 would be in the Gulf if the plan is approved.

How the Shipt-Target Deal Could Affect Birmingham

Target wants in on the same-day delivery business. And last week it announced it’s spending $550 million to buy the Birmingham-based startup, Shipt. The deal could have ripple effects for Birmingham.

Alabamians Fear Roy Moore Is Bad For Business

Back in September, then-Birmingham, Ala., Mayor William Bell and other elected officials stood before the media in a downtown park. “I know everyone’s gotten a lot of call[s] about this box in the background,” Bell told them. The box towering over them is made up like a package from Amazon. It was part of Birmingham’s […]

Why Only Four Major Airlines Out of Birmingham?

It’s almost Thanksgiving, and for many of us that means traveling to see family. For those who have to fly, the Birmingham-Shuttlesworth International Airport is the place it all begins. In a national ranking earlier this year, Birmingham’s airport was 63rd on the list. It lost points mostly stemming from the airport’s $50 million dollars […]

As Flu Season Begins, Shots Boost Health and Bottom Lines

It’s the start of flu season, which for many people means a date with a needle. If you’ve been to a drug store lately, you may have noticed some strong encouragement to get the shot. So why the big push? Is it just about health?

Birmingham Doesn’t Need a Headquarters to Take a Bite Out of Amazon

Birmingham is among dozens of cities fighting for Amazon's second headquarters. But another type of Amazon facility is more likely for the Magic City.

Will the Return of UAB Football Boost the City’s Bottom Line?

Sports economist Victor Matheson explains the potential economic impact of reviving UAB Football.

State Film Incentives Have Limited Impact in Birmingham

Birmingham Business Journal editor Ty West discusses the affect of Alabama's film tax credits eight years after they were implemented.

Innovate Birmingham Aims for a Generational Economic Boost

Birmingham Business Journal editor Ty West explains about the new economic initiative Innovate Birmingham.

Republicans Prepare for Battle in Senate Runoff

Alabama Media Group columnist John Archibald discusses this week's U.S Senate primary and next week's municipal election in Birmingham.

New Soccer Team Adds to Birmingham’s Story of Revival

A new professional soccer team in Birmingham could mean an added asset for downtown.

What Birmingham Businesses Want From City Leaders

Birmingham business leaders weigh in on what they expect from city leadership. Birmingham's municipal elections will be August 22.

Birmingham’s Regions Harbert Plaza Now Minus Regions

A New York firm will try to fill a big chuck of space in downtown Birmingham's Regions Harbert Plaza once Regions leaves the office tower.

Residents Worry About More Vacancies at Brookwood Mall

Belk announced last week it will close its store at Brookwood Village Mall. Homewood residents are now wondering what's next?

Professional Soccer League Eyeing Birmingham

A professional soccer league is eyeing Birmingham for expansion.

Industry Report says Birmingham Needs More Apartments

An industry report says Birmingham will need more apartment construction to meet demand through 2030.

New Report: Lack of Regional Cooperation Hinders Birmingham’s Growth

Birmingham Business Journal's Ty West talks about one of the biggest factors hindering Birmingham's growth, a lack of regional cooperation.

Millennials Want to buy Homes but Face Challenges

There’s this persistent idea that millennials don’t want to buy homes. While that’s not true millennials are approaching the housing market differently.

Proposed Tower Would Rise Above Birmingham’s Five Points South

City leaders have given conditional approval for a 17-story tower in Birmingham's Five Points South neighborhood.

Get ‘Em Now: Local Peach Shortage Looms

If you love local peaches, the kind you see at roadside stands and farmers markets in Alabama, stock up now. There’s almost certainly going to be a significant dip in supply.

Business Community Concerned about I-20/59 Bridge Project

The I-20/59 bridge replacement project has Birmingham's business community concerned as investors and developers work to revitalize the area in and around downtown. We talk more about that in this week’s Magic City Marketplace.

Stadium vs. Dome: Which is the Better Choice for Birmingham?

Birmingham Business Journal editor Ty West explains the debate around a downtown stadium.

Property Values Jump in Birmingham’s Parkside District

Birmingham's Parkside District has seen the highest increase in property values among the city's redeveloping neighborhoods.

JeffCo Judge Overturns Alabama’s Workers’ Compensation Law

Birmingham Business Journal editor Ty West discusses a Jefferson County judge's decision overturning the state's workers' compensation law.

The Next Wave of Downtown Birmingham Development

Birmingham Business Journal editor Ty West discusses buildings that could potentially form a new wave of redevelopment in downtown.

Regions Bank Takes Steps To Be Autism-Friendly

Regions Bank recently announced efforts to make its 1,500 branches autism-friendly. It's something many businesses across the country are doing. But there isn't a one-size-fits-all approach.

Ratings Agency Downgrades Birmingham’s Credit Rating

Ratings agency Fitch downgrades Birmingham's credit rating.

Income Inequality in Birmingham, Alabama

Officials say there are three main obstacles keeping people in Birmingham and Alabama from achieving prosperity: education, poverty and crime. These barriers also contribute to the growing wage gap. WBHM's Esther Ciammachilli talks about this with Nick Patterson, editor of the weekly newspaper Weld.