Alabama Is in ‘Survival Mode’ Says University of Alabama Economist
Every sector in Alabama’s economy is shrinking this year because of the pandemic. That’s according to Samuel Addy, senior research economist and associate dean for economic development outreach at the University of Alabama. During a press conference Thursday, Addy joined Democrat Sen. Doug Jones to talk about Alabama’s economy, which they both agreed is in ‘survival mode.’ “All the help coming from D.C., the bills that the senator and others are working on, are not stimulus bills. They are actions and investments for survival,” Addy said. “We know that we are in a worse situation than a few months ago. We need to invest for survival because if we don’t survive, nothing matters.” Read more.