Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development.  If you enjoy NewsFlash, thank an EDPA Partner.


In this issue:



Alabama has significant 12-month gain in construction employment
Bryan Davis Reporter-Birmingham Business Journal
Jan. 28, 2015

Alabama continues to add construction jobs.


Employment in the state rose 9 percent year-over-year in December, according to data released by the Associated General Contractors of America.


That represents 7,100 construction jobs added in the past 12 months, ranking Alabama No. 8 among the 50 states and the District of Columbia.


"Part of the reason for the positive December construction employment figures was the exceptionally harsh weather in much of December 2013 and November 2014 and milder than normal weather in December 2014," said Ken Simonson, the association's chief economist. "Nevertheless, the underlying trend is very positive, with construction employment expanding at more than double the rate for total nonfarm payroll jobs."




[Birmingham Business Journal]





Officials estimate $8.5 million impact to date from Duck River construction

By Trent Moore
Jan. 29, 2015

Construction on the Duck River Dam is well underway, and officials estimate the project has had an approximately $8.5 million economic impact on the state.


There are 108 construction workers on site as of this month, with 86 of those employees originating from Alabama. A total of 45 workers are from the Cullman area.


The combined wages, materials, equipment and subcontractor costs are estimated to total an approximate $8.5 million economic impact on the area. Those totals are according to data totaled by the Cullman Economic Development Agency (CEDA), in cooperation with the contractors working on the reservoir.





Innovation guru at biggest U.S. private bank to lecture today at UAB Edge of Chaos venue

on January 29, 2015

The founder and leader of the innovation team at the oldest, largest private bank in the United States will present a lecture at The University of Alabama at Birmingham (UAB) today. 


Phil Swisher, a senior vice-president at Brown Brothers Harriman (BBH) in Boston, will discuss the topic, "Introducing innovation in a Stoic Institution," at The Edge of Chaos, an event and conference venue at the Lister Hill Library on campus, at 3 p.m. 


The event is free and open to the public.







What are the most in-demand Birmingham tech jobs?
Alan Alexander Reporter-Birmingham Business Journal
Jan. 28, 2015

Software engineer is the most highly-sought tech job in Birmingham with more than 2,500 current job postings, according to data compiled by Birmingham-based recruiting firm ITAC Solutions,


That falls in line with the national demand, as companies around the country areseeking to fill more than 100,000 software engineer positions.


ITAC Solutions used national, state and regional data from sources including the Alabama Department of Industrial Relations, TechServe Alliance and CareerBuilder to come up with the local list.




[Birmingham Business Journal]

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