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Medical manufacturer to shutter Alabama plant after receiving millions in incentives

Baxter Healthcare Corp. accepted about $3.3 million in state and local government incentives tied to the expansion of its Alabama

State Business Leaders Still Wary of U.S. Economy

TUSCALOOSA, Ala. – State business leaders continue to be concerned about the national economy, dampening their financial outlook, according to

Stylized image that says Alabama State Data Center (ASDC) Fall Data Conference over some mountains with fall leaves. It has some subtext that says November 9, 2021; 9am - 12:30pm; virtual.

Free 2023 ASDC Fall Data Conference

The Alabama State Data Center (ASDC), housed in the University of Alabama’s Center for Business and Economic Research (CBER) hosted

Business Just Might be Getting Better, Executives Say

By Business Alabama Staff The state’s business leaders expect the economy to do no worse than it has been and maybe

Entrepreneurship in Alabama at All-Time High

TUSCALOOSA, Ala. — Small business entrepreneurship is healthy in Alabama, according to an analysis of websites registered with a popular

Q2 2023 Business Confidence Remains Negative

Business leaders throughout Alabama still have an overall mildly negative forecast for Q2 2023, according to the latest Alabama Business

CBER’s Socioeconomic Analyst has been Elected to SDC Steering Committee

We are excited to announce that CBER’s Socioeconomic Analyst, Susannah Robichaux, has been elected to the State Data Center (SDC)

Culverhouse Associate Dean Appointed to Branch of Atlanta Federal Board

Dr. Samuel Addy, associate dean for economic development outreach in the Culverhouse College of Business and senior research economist for the Center for

CBER’s Director of Socioeconomic Analysis & Demographics to Present at Auburn Outreach Retreat Experience

CBER’s Director of Socioeconomic Analysis and Demographics, Dr. Nyesha Black, will be a presenter at the Auburn University Outreach Retreat

An image of a table of the First Quarter 2023 ABCI Outlook.

Negative Business Confidence in Q1 2023 ABCI

Business confidence throughout the state remained mildly negative in the Q1 2023 Alabama Business Confidence Index (ABCI) survey. With over

UA Economists: State Economy to Shrink Slightly in 2023

TUSCALOOSA, Ala. – Alabama’s economy will likely contract in 2023, but just barely, according to researchers at The University of

Bar graph of the Statewide ABCI. The x-axis is quarters from Q3 2020 to Q4 2022. The Y-Axis is the ABCI index value, which ranges from 0 to 100. The notable data points are a peak at 67.0 in Q3 2021, and the fact that Q3 and Q4 2022 are below 50, which constitutes a negative economic outlook.

State Business Leaders Still Sour on Economy – Q4 2022 ABCI Results

TUSCALOOSA, Ala. – For the second consecutive quarter, state business leaders have a negative outlook on the economy, according to

U.S. Inflation Rate

U.S. inflation rate, as measured by consumer price index rose by 1.0 percent in May, as the year-over-year change accelerated

U.S. Economy Posts Solid Jobs Growth in May

Total nonfarm payroll employment rose by 390,000 in May, according to the U.S. Bureau of Labor Statistics. Notable job gains

BEA News: Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), First Quarter 2022

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product (GDP) decreased

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Alabama Business Confidence Index

Alabama Business

2023 Alabama Economic Outlook

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