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Wednesday's Daily Pulse
What you need to know about Florida today
Are ‘cowboys’ helping save the U.S. economy?
Cowboys are helping to prop up a lackluster U.S. economy, with pick-up truck sales providing outsized support. Sales of pickup trucks normally account for 1 percent of gross domestic product but in the third quarter of 2015, contributed to nearly 6 percent of all GDP growth, DBS estimates. [Source: CNBC]
Do Americans dream of longer holidays?
At the annual World Travel Market gathering of travel industry movers and shakers in London this week, "the American Dream Part 2" was one of the rallying slogans, highlighting the possibility that people in the US might now be able to enjoy the fruits of their labour by taking more holidays. [Source: BBC News]
A Community Portrait of
A look at the demographics, economy and business assets of Brevard County.
Florida House advances term limits proposal for Florida Supreme Court justices
Florida's Supreme Court justices and District Court of Appeals judges would be limited to two terms in office under a proposed constitutional amendment that gained initial favor from a House committee Tuesday. [Source: Tampa Bay Times]
Factory orders decline again in September
New orders for factory goods in the United States fell for a second consecutive month in September as the manufacturing industry continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies. More from the New York Times and Finance & Commerce.
See also:
» U.S. rail freight falls as industrial economy struggles
Number of Cubans intercepted at sea at highest level in two decades
More Cubans were stopped at sea while trying to reach the U.S. in the past year than at any time since the chaotic rafter crisis of 1994, according to figures from the U.S. Coast Guard. [Source: South Florida Sun-Sentinel]
› Orlando-based angel fund completes $5M capital raise
An Orlando-based angel fund for startup companies said Tuesday it has completed raising its goal of $5 million to begin investing in tech and life science companies. The goal of the fund is to offer faster cash, and advice, to promising local startups.
› Is Jacksonville missing opportunities in Cuba?
In North Florida, business leaders are fretting that Jacksonville’s missing out – with zero official delegations to Havana to date.
› Commissioners OK incentives for Titusville boat maker
Catamaran maker Falcon Marine LLC received its property tax break from Brevard County on Tuesday. But it wasn't totally smooth sailing for the Titusville-based company.
› Seacoast to acquire Lake Mary-based bank for $76.5M
Seacoast Banking Corp. is continuing to acquire banks in Central Florida, announcing Tuesday that it acquired 10 new branch locations in Orlando and Daytona.
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