October 31, 2014

Friday's Afternoon Update

What you need to know about Florida today

| 10/4/2013

Florida’s leading indicator up again

Florida’s leading indicator -- a measurement of economic activity in the state -- went up in August after also rising in July. Six of the 10 components that make up Florida’s leading indicator had a positive contribution in August: unemployment claims, weekly hours in manufacturing, international tourism outlook, national stock prices, interest rate spread and domestic vacation barometer. [Source: Orlando Business Journal]


IN CASE YOU MISSED IT
A-Lotto Money

Floridian

The financial adviser for a mother and son who won the $590.5-million Powerball in May has seen his life change nearly as much as theirs.

» Meet Harry "Hank" Madden

FPL offering $9 million in solar energy rebates

It's that time of year when Florida Power & Light Co. accepts applications for rebates on solar water heaters and panels, and customers have to act fast before the money runs out. FPL this year is offering about $9 million in solar rebates. It will accept applications starting Oct. 15 at 8:30 a.m. on a first-come, first-served basis. [Source: Orlando Sentinel]


Defense companies warn of imminent layoffs due to shutdown

Military contractors are warning government officials that they are only days away from furloughing thousands of workers if the government’s partial shutdown continues. Defense plants are concentrated in a handful of states such as Florida and Texas, where industry layoffs will exacerbate the economic impact already being felt from furloughs of federal workers. [Source: Forbes]


» FRIDAY PREVIEW: Coming next week to FloridaTrend.com:

  • Thinking Out Loud: Florida has a cadre of think tanks determined to help shape the state's policies.
  • Ovations Food Services: The Lutz-based company manages the food, beverage, merchandise and hospitality services at over 120 venues throughout the US and Canada.

» You'll find all these stories first on the Daily and Afternoon Pulse e-mails.


Out of the Box
Westgate offers 'glamping' at Florida-style dude ranch

ranchA night under the stars, savoring the great outdoors — amazing, right? Except for the bugs, the heat, the rustic restrooms and, of course, that whole sleeping-on-the-ground thing. If that sentiment resonates, there is a luxury tent in south Polk County with your name on it. It is one of 10 that boast air conditioning, mini-fridges, microwaves, real furniture and private bathrooms nearby. Campers can relax in rocking chairs on the porch, nestled under a canopy of Spanish moss.

» Full story from the Orlando Sentinel

Tags: Daily Pulse

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Roberto Muñoz - Banking in Florida
Roberto Muñoz - Banking in Florida

Roberto Muñoz, president of the Florida International Bankers Association (FIBA), talks about FIBA, services the organization provides to the state's banks and issues facing banks today.

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