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June 25, 2018

Friday's Daily Pulse

What you need to know about Florida today

| 6/28/2013

Florida ranks high in private equity investments

Florida ranked fourth nationwide in terms of private equity and growth capital investments in 2012, according to a report released Thursday by the Private Equity Growth Capital Council. Private equity firms invested $17.3 billion in 115 Florida-based companies last year, the data shows. [Source: Miami Herald]

How long until Florida becomes uninsurable?

Hurricanes, tropical storms and other threats from the sea have been a recurring fact of life for Floridians. For the insurance industry, the losses from all those storms over the years have begun to prompt the question: has a "new normal" arrived for determining risk in coastal development, and when is enough, enough? [Source: The Weather Channel]

A mixed year ahead for Latin American economies

There’s a growing consensus in Brazil, which is South Florida’s largest trading partner, that the current economic course is not the correct one. However, the economic outlook is more promising for the Andean region [Source: Miami Herald]

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Abandoned homes plague Florida, even in midst of housing boom

After the housing market collapsed in spectacular fashion six years ago, Florida became known as much for its abandoned houses as its white sand beaches and palm trees. Many homes fell into disrepair and became the target of looters and vagrants. In some respects, the situation in the state is much improved. [Source: Huffington Post]

Florida ranks high in workplace safety

The bad news: 4,669 people across the nation died in 2011, the most recent data available from the U.S. Bureau of Labor statistics. The good news: Florida ranks in the group of safest states. Florida recorded 226 on-the-job fatalities, landing the Sunshine State a ranking of 15th out of the 50 states. That’s a ratio of 2.9 deaths per 100,000 workers. [Source: Florida Times-Union]


› Palm Beach County enjoys state's top wage after 7.6% jump
Palm Beach County enjoyed one of the highest wage-growth rates in the nation last year — and the county is once again No. 1 in the state for highest average pay — according to the latest data released Thursday by the U.S. Bureau of Labor Statistics.

› Joe Kittinger to receive veterans award
Famed Orlando aviator Col. Joe Kittinger on Saturday will be given the first Veterans Award by the board of Orlando International Airport as part of liberty weekend celebration.
Related Florida Trend Archived Content
» Florida Icon: Joseph Kittinger

› Plan to deepen Port Everglades scaled back
A long-stalled plan to deepen Port Everglades to accommodate larger cargo ships inched forward Thursday with the announcement of a scaled-down proposal that would be cheaper and cause less environmental damage.

› Early scallop season could boost Big Bend tourism
Gov. Rick Scott gave a nice gift to the Big Bend tourism industry Wednesday by announcing that the recreational scallop season will open early this year. The decision to start the season June 29 instead of July 1 tacks on another weekend to what has become a source of visitors for some Gulf Coast areas.

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Florida Trend Video Pick

Lincoln Road keeps growing — and its small businesses keep closing
Lincoln Road keeps growing — and its small businesses keep closing

Over the last five years, a wave of out-of-town investors have paid record-high prices for Lincoln Road properties looking to capitalize on the Beach's international cachet. Increasingly, small businesses unable to keep pace with the skyrocketing rents in the historic Miami Beach shopping district are being forced to decide between relocating or closing.

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