President Barack Obama plans an appearance Thursday in Jacksonville to talk about economic issues, and the Republican Party of Florida has already launched a counter-attack.
florida economy
Floridians’ Consumer Confidence Hits Post-Recession High as Personal Finances Improve
Stock market gains for the first part of June played a role, while perceptions of current buying conditions are at a post-recession high of 93. The last time it reached this level was April of 2007 when it was 97. Four of the five overall components that make up the index rose while one stayed the same.
Gov. Scott Leads 80-Member Delegation to Paris Air Show in Latest Large-Scale Junket
The weeklong mission, the ninth international trade delegation fronted by Scott, is expected to focus on Florida’s aviation and aerospace industries, with some lawmakers questioning such trade missions, saying they lacked “empirical data” to directly link the economic benefits of the trips with any moves to Florida by a private foreign firm.
Florida Loses Out on Amazon Deal, and Up to 3,000 Jobs, Over Sales Tax Fumes
In a statement issued Thursday, Gov. Rick Scott’s administration implied that if Amazon were to locate in Florida and begin collecting taxes, that would amount to a tax increase on Florida residents who use the popular shopping portal.
Florida Legislators Have $3.5 Billion More To Play With This Year Than Last
Forecasters added $153 million in tax revenues in the budget year that ends June 30, and $106.5 million for the year that begins July 1. Even taking into account likely policy decisions and budget increases, the state could have a surplus of $1.1 billion.
Florida’s Own Fiscal Cliff: Gov. Scott Pleads With Obama to Help Avert a Strike at Seaports
Barring an agreement between longshoremen and shippers, Gov. Rick Scott and executives of Florida’s largest ports urged President Barack Obama to use his authority to keep containerized cargo moving while talks continue, saying any interruption would have a ripple effect throughout Florida and across the country.
Florida Unemployment Falls Sharply to 8.1%, But Flagler’s Edges Back Up to 11.4%
Florida’s unemployment rate dropped sharply in November, to 8.1 percent, from 8.5 percent last month–and 10.1 percent a year ago–but Flagler County’s unemployment rate rose a decimal point, to 11.4 percent.
Floridians’ Consumer Confidence at Highest Level Since 2007
All five of the five components that make up consumer confidence increased, including expectations about personal finance, national economic conditions, and buying confidence, according to the latest analysis by the University of Florida’s Bureau of Economic and Business Research.
In Flagler and Across Florida, More Perky Housing Sales Point to Encouraging Trends
Sales of single family homes in Flagler were up 9.5 percent in August over a year ago, 10.8 percent across Florida, while pending sales have skyrocketed in further signs of health for the battered housing sector, even as prices still stagnate.
The Downside of Tourism Jobs, and What North Carolina Can Teach Florida
Florida is adding jobs, but mostly in tourism and service industry, low-skilled work that has involuntarily forced people into part-time employment. North Carolina has seen more employment grow in the information technology and research sectors. These jobs tend to offer higher pay and more stability.