Several factors have slowed the economy in the first quarter: harsh winter conditions, recession in Europe and a surging dollar, which hurts exports. Even lower oil prices, which have benefited consumers at the pump, have crimped investment in the energy sector, reducing job expansion there.
economic development
Chick-fil-A Phenomenon Camps Out in Palm Coast: If Grateful Dead Fans Loved Chikin
Chick-fil-A’s grand opening in Palm Coast brought with it what has become a near-cult following of groupies, overwhelmingly from out of town, who camp out for 24 hours to earn their 52 free meals. A profile of the phenomenon, and the company.
Flagler’s Unemployment, No Longer Leading State, Plummets Below 7% For First Time Since 2007
Flagler’s 6.9 percent unemployment rate sent the county down to 14th place among counties with the worst unemployment, ending years of Flagler sitting at or near the top of that chart.
Sea Ray’s View: We Are Building a Safer Parking Lot, Not Expanding Production
Craig Wall, operations manager at Sea Ray’s Palm Coast plant, counters concerns about the company’s intentions by laying out precisely what the manufacturer intends to do–and not do.
We Don’t Oppose Sea Ray. We Oppose Pollutants and Debasing Flagler Beach’s Quality of Life.
Two Flagler Beach residents lay out the case against Sea Ray’s proposed land use change to accommodate a parking lot, a change opponents say paves the way for more pollution without compelling the company to take stronger toxic-emission control measures.
Palm Coasters Rate Their Town: Great Bedroom, Terrible Workplace, Measly Shopping
Palm Coast residents love their government services even as they attack them in a broad survey, but they also find work opportunities dismal and shopping and cultural opportunities not much better.
Another Strong Month Adds 295,000 Jobs to Economy, Lowering Unemployment to 5.5%
Wages continue to sag, growing by just 3 cents over the month, and just 2 percent over the past year, not enough to overcome inflation, let alone give workers a sense that they’re getting ahead.
Major Layoffs Hit News-Journal and Ex-Halifax Chain 3 Months After GateHouse Takes Over
Four newsroom employees lost their job and seven employees lost theirs in advertising. The Flagler Bureau, down to three reporters, is about to lose another as Natalie Kronicks leaves to join the Flagler County government’s communications office, coordinating marketing efforts.
“Halleluiah Jesus”: From “Project Hot Dog” to Foreign Investors, Flagler Sees Commercial Real Estate Turn-Around
Ukrainian entrepreneurs, Chinese investors and local businesses looking to expand are resulting in robust new activity on Flagler’s long-dormant commercial real estate sector, the county’s economic development council learned this morning.
Strong Job-Creation Pace Continues, Adding 1 Million in Last 3 Months
The U.S. economy added 257,000 jobs in January, continuing a job-creation pace not seen since 1999, when the economy added 3.18 million jobs overall. The unemployment rate ticked up to 5.7 percent.