Thursday's Daily Pulse
What you need to know about Florida today.
The state's economy is showing signs of life and growing at "the speed of a tortoise," with professional and business services expected to grow 4.4% over the next four years while construction is projected to make a comeback, starting with a 3.6% increase in 2014, according to projections by the University of Central Florida in Orlando. Read more from Miami Today and see also:
Mitt Romney is a business guy. That is the core of his campaign. He promises that he will balance budgets, spend wisely and manage complexity just as he did in his 25 years at Bain. His wise attention to money is so thorough it even extends to his personal habits. On the campaign trail he does his own laundry in hotel sinks along the way so as not to waste a single dime (literally). Will voters buy this pitch? In Florida they already have a model they can look at. [Source: CBS News]
» Attacks on Romney's business past not sticking
Younger workers are especially nervous: 29 percent of those between 18 to 34 plan to pull money out of the market, with only 11 percent of older Americans indicating they would do so. Jenny Rothstein, a Fort Lauderdale-based financial consultant for Charles Schwab, suggests younger investors are more risk averse as many have seen their own parents’ retirement savings take hard hits in the last four years. [Source: South Florida Sun-Sentinel]
With a school's reputation and bonus money riding on the results, as well as a student's ability to advance a grade, the FCAT has been a high-pressure focus of the school year since it was introduced in 1998. Yet even as the FCAT grows in importance, state officials have raced ahead with wholesale changes that some students, parents, teachers and administrators say have made it more difficult to cope. [Source: Sarasota Herald-Tribune]
Dennis Udwin's Lake Worth-based In-Rel Properties owns and manages 6 million square feet of office and retail space in the United States, including 21 properties in Florida. If Udwin has a favorite property, he won't say, but he admits to particularly liking one of his most recent acquisitions, the Rivergate Tower in downtown Tampa. He considers the 31-story round tower "iconic," "museum quality" and an "architectural wonder." It was also a relative bargain. Read full story...
New owner Dennis Udwin upgraded the building's interior, including the rotunda. [Photo: Willie J. Allen Jr./Tampa Bay Times]
ALSO AROUND FLORIDA:
› Eagle Brands sold to St. Louis company
A beer and liquor distributor out of St. Louis is buying one of South Florida’s largest beer sellers, according to published reports. Trade publication Beer Marketers Insights says Major Brands has reached a deal with Anheuser-Busch to buy Eagle Brands, a Doral-based company that sells Budweiser and other Anheuser brands to stores and restaurants throughout the region.
› Tampa tourism officials focus marketing efforts overseas
As Tampa International Airport celebrates its first new European service in 15 years, tourism officials here are working hard to make the flights a big a deal over there. That's because they expect most of the passengers on the twice weekly round trips to Zurich to come from Switzerland and Germany.
› Herpetology keeper at Jacksonville zoo handles all kinds
Emily Mikus is a herpetology keeper at the Jacksonville Zoo and Gardens. That means she gets the amphibians and reptiles: that's snakes, gators and frogs. Read a Q&A with her.
› International appeal fueling Miami recovery
While the situation in Europe bears watching, economists and business leaders say Miami's international appeal should continue to aid its recovery. "Miami-Dade's economy is starting to pick up because of the global component," said J. Antonio Villamil, dean and research professor of economics at St. Thomas University's School of Business and president of Washington Economics Group.
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