Wednesday's Daily Pulse
What you need to know about Florida today
Florida's manufacturing sector could be poised for growth as more companies seek to export goods to Central and South America via the region's seaports. South Florida already has the largest manufacturing base in the state, and with three ports the region is in a strong position to attract new manufacturers and spur the construction of warehouses [Source: South Florida Sun-Sentinel]
» Exports on the Hoof
» Jump Start - Port Canaveral Expansion Begins Early
Florida venture capital industry boosters took heart from second-quarter numbers. According to the MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association, Florida companies attracted $156 million in the quarter, the best three-month investment tally since the third quarter of 2007, before the recession. Full story.
Florida's top elected officials scrambled to try to roll back big flood insurance rate hikes Tuesday as insurance companies began enforcing the new rules. Congress missed the Oct. 1 deadline to stop the premium increases from becoming law and many state leaders are concerned that the new flood rates could be a major drag on the real estate industry. More from the Sarasota Herald-Tribune and the Tampa Bay Times.
As the government's partial shutdown enters a second day, most companies across the country are doing business as usual. Yet concern is rising that a prolonged shutdown would cause some work at private companies to dry up and consumers to lose faith in the U.S. economy. [Source: AP]
Florida charged ahead Tuesday with a lawsuit against the state of Georgia that accuses its northern neighbor of consuming too much fresh water from a river system that serves three Southeastern states. More from the AP and Reuters.
ALSO AROUND FLORIDA:
› State regulators approve nuclear power charges
The Florida Public Service Commission on Tuesday approved charges sought by Florida Power & Light Co. to cover $43.4 million in costs associated with existing nuclear reactors as well as two proposed reactors.
› Despite tourism boom, passenger count dips at Orlando airport
Despite record amounts of tourists flocking to Central Florida, the number of passengers flying in and out of Orlando International Airport is falling for the second year in a row, as more visitors opt to drive here.
› Officials shoot down reports that Blue Jays move is a done deal
A senior Toronto Blue Jays official and a Palm Beach Gardens spokesman Tuesday shot down a media report that implied the Jays' move from Dunedin to a new spring training home on Florida's east coast is a done deal.
› AutoNation CEO criticizes Washington dysfunction
Mike Jackson, chairman and chief executive of AutoNation, was sharply critical Tuesday of what’s going on in Washington, calling it dysfunctional and saying he’s never seen it as bad as it is today.
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