March 28, 2024

Tuesday's Daily Pulse

What you need to know about Florida today

| 5/30/2017

Florida's economy growing faster than other big states and far better than U.S. overall

New figures show Florida's real gross domestic product (GDP) rose 3.1 percent in the fourth quarter of 2016 — the latest quarterly data available — ranking the Sunshine State fourth in growth among the states and District of Columbia, behind Texas, Utah and Washington. [Source: Tampa Bay Times]

Wages for Florida workers was flat for a decade

The Bureau of Economic and Business Research at the University of Florida this week released a 10-year overview that said average wages remained relatively flat between 2005 and 2015. [Source: AP]

Florida's Movers & Influencers
See some of Florida's top executive moves, board appointments, civic accomplishments, and more at Florida Trend's Movers & Influencers. Each profile appears in three places: in a weekly eNewsletter, online at FloridaTrend.com and in a monthly print issue of Florida Trend. Read more here.

Looming sunset of flood insurance deal stirs angst in Florida, Congress

An 11th-hour compromise three years ago averted what would have been financial disaster for hundreds of thousands of Floridians: sharp rate increases in flood insurance premiums that had many openly worrying whether they’d have to sell their homes. [Source: Naples Daily News]

Good start to 2017 for Florida banks

Florida’s financial institutions kicked off 2017 with a bang. The state’s 144 banks and thrifts earned a combined $413 million in the first quarter, their best year-opening performance in 20 years, according to data released last week by the Federal Deposit Insurance Corp. [Source: Sarasota Herald-Tribune]

Too early? 2018 Florida governor’s race is well underway

With primaries still 15 months away and the general election 17 months off in a state that has a history of upending early conventional wisdom, most Florida voters haven’t begun to focus on the 2018 governor’s race. But the campaign is well underway. [Source: Palm Beach Post]

ALSO AROUND FLORIDA:

› Florida's Amendment 1: A cautionary tale for 2018?
A Florida election fight shows the ups and downs of dealing with the politics of confusion around climate and energy policy.

› Boat numbers slowly recovering in Florida
While Florida's population swelled, the number of boats registered in the Sunshine State sank for seven years straight, only inching back up in the past few years as economic recovery put more wind in people's sails.

› FECI’s Mike Reininger: Big expectations for Brightline’s success
Brightline hasn’t picked up a train passenger yet or even announced what fares will be when it does, but its former boss says the passenger train service won’t lose money during its first full year in operation.

› Authorities say cocaine is making a comeback in Florida
Drug enforcement officials say traffickers are bringing more cocaine into South Florida than at any time in the past decade.

Go to page 2 for more stories ...

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Florida Trend Video Pick

Structural technology keeps Skyway Bridge safe from mass destruction
Structural technology keeps Skyway Bridge safe from mass destruction

USF marine scientist Mark Luther, says dozens of concrete barriers protecting the bridge from collision is just the beginning of an ongoing effort to keep it safe.

 

Video Picks | Viewpoints@FloridaTrend

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