Friday's Daily Pulse
What you need to know about Florida today
Florida is home to 2,113,344 small businesses, which employ 2,878,741 individuals. · The three industries with the most small business employment are health care & social assistance, accommodation & food services, and professional, scientific, & technical services. [Source: Orlando Advocate]
The aggregate wealth of U.S. households, including stocks and real-estate holdings, just hit a new high of $81.8 trillion. It's great news for those households and businesses with large asset holdings, high risk tolerances and easy access to credit. Yet it provides little solace for families and small businesses that must rely on their income statements to pay the bills. [Source: Wall Street Journal]
National apartment occupancy hit 95 percent during May -- a level not seen since at least 2006, when the real estate market was still booming, according to an apartment data and research company. [Source: Sarasota Herald-Tribune]
The doctor of the future has arrived, and his digital makeover has South Florida's fingerprints all over it. That's what you get when you live in a region some are dubbing "a mini-Silicon Valley" for health care innovation. [Source: South Florida Sun-Sentinel]
Florida ranks 43rd nationally, thanks to its poor scores on key measures: quality of life and quality of care (43rd), affordability and access to care (35th), support for family caregivers (40th), and choice of care settings and providers (41st). [Source: Fort Myers News-Press]
ALSO AROUND FLORIDA:
› Biotech firm attracts $15 million in financing
The first Scripps Florida spin-off has attracted $15 million in financing from a Brazilian company, the company announced Thursday. West Palm Beach-based Tyrogenex is developing a once-a-day pill for patients with age-related macular degeneration.
› Seventh Compass makes move to Innovation Square
A Gainesville launched tech company has become one of Innovation Square’s newest tenants. CEO Matthew Donovan said he decided to make the switch because he wanted to position the company at the heart of the emerging technology community.
› Business incubator planned for downtown St. Petersburg
A Largo non-profit that nurtures technology start-ups has gained initial city approval to build a business incubator south of downtown St. Petersburg. The $9 million project will deliver on the city's promise to stimulate the tech sector, said council member Darden Rice.
› NextEra IPO for clean energy subsidiary begins
NextEra Energy, Inc. announced that its subsidiary, NextEra Energy Partners, LP, has begun an initial public offering of its common units representing limited partner interests. NEP is offering 16,250,000 common units to the public.
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