Alabama employment reaches record high as June unemployment rises to 3.2%
Alabama’s wage-and-salary employment reached a record 2,224,200 jobs in June, while the preliminary seasonally adjusted unemployment rate increased from 3.0% in May to 3.2%.
Business & Economy
Jobs, labor, companies, prices, investment, markets, trade, agriculture, energy, and consumer economics.
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Blue Origin plans $600 million Florida manufacturing expansion with 500 aerospace jobs
Blue Origin plans to invest $600 million in a Florida manufacturing expansion expected to support 500 aerospace jobs, with an average salary above $98,000.
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Hawaii forecasts slower 2026 growth, modest job gains and 3.8% Honolulu inflation
Hawaii’s economic forecast calls for continued growth in 2026, but at a slower pace, with modest employment gains and elevated Honolulu inflation gradually easing through 2029.
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Connecticut payroll jobs hit record high as unemployment rises to 5.2%
Connecticut reached a record 1,726,500 payroll jobs in June, even as the unemployment rate climbed from 4.3% in December to 5.2%.
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Olde Town Bellevue nominated for federal Opportunity Zone
Olde Town Bellevue is among Nebraska’s Opportunity Zone nominations, a potential federal tax incentive for qualifying investment if Treasury approves it.
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Russia’s Bank of Russia Publishes Rate Discussion After Cutting Key Rate to 14%
The Bank of Russia’s Aug. 5 policy materials follow its July 24 decision to cut the key rate by 25 basis points to 14%, while the central bank continues to flag inflation expectations, wage growth and geopolitical pressures.
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Montgomery schedules community job fair for Aug. 4
The City of Montgomery and Montgomery Career Center have scheduled a community job fair for Aug. 4, 2026, to bring local employers and job seekers together.
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Fairbanks business calendar lists Alaska DOT&PF project-development briefing for Aug. 4
The Greater Fairbanks Chamber of Commerce calendar lists an Alaska DOT&PF Project Development 101 session for Aug. 4, offering a scheduled business-community forum on transportation-project development.
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AEDC to present Anchorage business survey and economic outlook Aug. 5
The Anchorage Economic Development Corporation will present new local business survey results and economic data at its annual Economic Outlook Luncheon on Aug. 5.
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Juneau opens sixth Affordable Housing Fund competition amid skilled-labor demand
Juneau’s 2026 Affordable Housing Fund competition opened July 27, with proposals due Aug. 31 as the city faces a broader construction pipeline that JEDC estimates could require 600 to 650 skilled laborers annually for four years.
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Birmingham opens BOLD proposals with up to $1.5 million available for economic-development projects
Birmingham is accepting proposals for its 2027–2028 BOLD program, with up to $1.5 million available for projects tied to economic development, resilience and mobility.
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Redwire announces Huntsville expansion expected to add 150 aerospace and defense jobs
Redwire’s announced Huntsville expansion is expected to create about 150 high-skilled jobs and is supported by approximately $8.5 million in eligible state and local incentives.
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Wyoming reopens grants for businesses pursuing markets beyond the state
Wyoming-based for-profit companies can again seek Market Expansion Grant and State Trade Expansion Program support for domestic and international sales activity, with awards capped at $4,000 and $5,000 per application respectively.
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Wisconsin unemployment falls to 3.3% as employment rises in June
Wisconsin’s preliminary June labor report showed 3,030,100 people employed, 3,041,000 nonfarm jobs and a seasonally adjusted unemployment rate of 3.3%.
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West Virginia opens $100 million small-business growth capital program
West Virginia has launched a statewide program intended to make $100 million in growth-stage capital available to established small businesses seeking to expand.
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Washington Commerce spotlights Moses Lake aviation hub in aerospace development series
Washington Commerce’s FlightPath session in Moses Lake highlighted Grant County International Airport’s role in aircraft testing, maintenance and emerging aviation, while identifying an estimated 1,500 aerospace suppliers statewide.
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Target opens in Frankfort’s $150 million Paddocks development
Target held a July 21 ribbon cutting for its new 128,000-square-foot Frankfort store, the first business to open in the 95-acre Paddocks mixed-use development near U.S. 127 and Interstate 64.
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Arkansas tourism report finds record visits but flat statewide economic impact
Arkansas recorded 2.3 million more visitors in 2025, but a tourism report put the industry’s statewide economic impact at a flat $17.4 billion.
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Newark hotel-tax returns and payments were due August 1
Newark’s 2026 hotel-tax booklet set Aug. 1 as the due date for second-quarter returns and payments.
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North Dakota opens registration for Sept. 3 Global Talent Summit
The North Dakota Department of Commerce opened registration July 10 for the 2026 Global Talent Summit, a full-day workforce event scheduled for Sept. 3. The announced early-bird rate was $40 through Aug. 3.
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Utah adds 26,300 jobs over the year as June payroll growth reaches 1.5%
Utah’s nonfarm payroll employment was estimated to be 1.5% higher in June 2026 than a year earlier, an increase of 26,300 jobs, the Utah Department of Workforce Services reported.
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Hepburn and Sons plans $18.1 million Prince William headquarters, 80 Virginia jobs
Hepburn and Sons LLC plans to invest $18.1 million in a new Prince William County corporate headquarters expected to create 80 jobs and open by summer 2028.