Friday's Daily Pulse
What you need to know about Florida today
Despite steady improvement since the financial crisis, Florida's banking industry is still saddled with nearly three times the percentage of troubled banks as the national average, a new analysis indicates. In its latest quarterly report, financial ratings agency Bauer Financial estimates that 18.3 percent of Florida banks are troubled and problematic. [Source: Tampa Bay Times]
» Bauer rates South Florida’s strongest banks
The director of obstetrical services and training at Tallahassee Memorial Hospital’s family medicine residency program shares his thoughts on lessons he’s learned and events he’s lived through. Access full story.
The U.S. Department of Agriculture announced on Thursday a total of $31.5 million in funding to combat a plant disease that threatens to devastate Florida's $9 billion citrus industry and has driven up the cost of a glass of orange juice. [Source: Reuters]
Economists are increasingly looking for wage growth to pick up in coming months, a long-awaited development that would put more money in the pockets of consumers and could spur accelerated growth in the broader economy. [Source: Wall Street Journal]
The Commerce Department said on Thursday inventories increased 0.6 percent in April after rising 0.4 percent in March. The increase in April was the largest since October. [Source: CNBC]
ALSO AROUND FLORIDA:
› An ecotourism plan draws a crowd of opponents
Hernando County officials tested the water this week on a plan to create a beach and build a tourism center inside the Weekiwachee Preserve. The public response was a flood of opposition.
› Peak 10 helping lure new tech firms to Tampa Bay area
A national IT services firm with a Tampa presence for more than a decade is working with Hillsborough County to draw more high-tech companies to the area.
› Cabinet considers land sales to help fund Florida Forever
The state is getting closer to its Florida Forever fundraising goal for the upcoming budget year, though environmentalists say the amount is not enough. Most of the projected $40 million lawmakers hope to generate for the conservation program may soon become available through the sale of closed prisons and other non-conservation parcels.
› Another green building milestone for Central Florida
Wyndham Vacation Ownership will be showing off its LEED Gold certified interior at its headquarters on Wednesday. The certification makes the building the largest LEED Commercial Interiors Gold level certified project in Florida.
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