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June 25, 2018

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]

A-Lotto Money


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

  • 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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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.

Earlier Videos | Viewpoints@FloridaTrend

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