March 1, 2015

Friday's Afternoon Update

What you need to know about Florida today

| 2/27/2015

2014 growth looking less robust

The U.S. economy cooled in the final months of 2014, a return to the moderate growth that has marked much of the recovery. Gross domestic product, the broadest measure of goods and services produced across the economy, expanded at a 2.2% annual rate in the fourth quarter, the Commerce Department said Friday. More from the Wall Street Journal and Bloomberg.

See also:
» America's fourth quarter could've been worse


Consumer sentiment among Floridians continues upward trend

Floridians’ consumer sentiment rose more than a point from last month to 94.7 in February, the seventh straight month of increase, according to a new University of Florida survey. More from UF News.

See also:
» Consumer Sentiment in U.S. Cooled in February From 11-Year High


Why baby boomers are poised to revive the economy

Technology
Will Robots Take Over All The Jobs?

title
David Autor knows a lot about robots. He doesn’t think they’re set to devour our jobs.

As an economics professor at the Massachusetts Institute of Technology who focuses on the impact of automation on employment, he’s in a good position to know.

» More from the Wall Street Journal

As people are living longer and in better health, they’re working longer, too. And opportunities for the 55 and up group are going way beyond the stereotypical part-time gig at the local supermarket. More at the Washington Post.


Cuba’s Spot on U.S. Terror List Gums Up Restoration of Relations

Cuba’s spot on the American list of states that sponsor terrorism is emerging as a major sticking point in the effort to restore diplomatic ties with the United States and reopen embassies that have been closed for nearly five decades. More at the New York Times.


Hit the road for a year — but keep on working

When Michelle Villalobos, a personal branding expert from Coral Gables, realized last year she wasn’t happy, she decided to make a change. “I had the aha moment,” she said. “I was helping everyone else and not helping myself.” So she took her business virtual and now is getting ready to hit the road. More at the Miami Herald.

Florida Wildlife Corridor Expedition
Week 7: Backpacking the Econfina Wildlife Management Area

ecofina During week 7, the Florida Wildlife Corridor Expedition team left the Apalachicola River and began backpacking on the Florida Trail in the Econfina Creek Water Management Area. In spite of cold and rain, the team covered a lot of ground and took stunning photos of Florida wildlife and wilderness.

» Read the full story

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Rising Rents
Rising Rents

A new report from Zillow shows that rents across the U.S. are increasing, and not just in the expected regions of New York City, San Francisco and Boston. 

Earlier Videos | Viewpoints@FloridaTrend

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Gov Scott has proposed to increase funding to education, and half of those monies will come from property taxes. The debate is: A) is Scott's proposal a tax? Or, B) is Scott just using new monies that would come in because property values are increasing?

  • A) It's a tax
  • B) It's not a tax - only tapping natural increases in revenue

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