The Florida economy is recovering at a modest pace, suggesting that the worst is over for the state's stressed housing market and still-high jobless rate, a new report from BMO Capital Markets Economics shows. The report said real GDP likely will grow 1.4 percent in 2012 and increase to 1.9 percent in 2013 once the housing recovery begins to take deeper root. More from the Orlando Business Journal and BMO.
All Children's Hospital also hosts an ongoing residency program with the University of South Florida's medical school. Photo: A training dummy is being worked on. Go to story.
Leading up to last year’s announcement that All Children’s Hospital would join the Johns Hopkins Health System, Baltimore-based Johns Hopkins vowed to establish an innovative pediatric residency program in St. Petersburg as part of the deal. The program is being designed so that students will conduct research early on, work closely with and be mentored by All Children’s physicians. Story continues here.
After being kicked out of restaurants, bars and even their own workplaces, smokers have gotten used to feeling unwanted. But some places in South Florida want to welcome them again: casinos. On Thursday, Mardi Gras Casino will cut the ribbon on a smoker-friendly outdoor slots area, becoming the second venue to work around a state law. [Source: South Florida Sun-Sentinel]
From northern California to the Florida Keys, the airline courtship and subsequent break-up is both familiar and cautionary to local elected officials and business brokers who say that airlines are increasingly insisting on local government subsidies before they will expand service to smaller cities and rural areas. [Source: AP]
Mike Murphy steps from the truck and strides quickly to an unusual-looking configuration of 25 month-old orange trees. Could this be a prototype for a citrus grove of the future? He intends to find out. A different grove configuration may be necessary to better deal with greening disease and get ready for the next generation of mechanical harvesters. [Source: Southeast Farm Press]
ALSO AROUND FLORIDA:
› Economist: Housing recovery to continue [South Florida Sun-Sentinel]
The nation’s housing market will continue to improve in the next few years, barring more economic woes or any further restrictions on financing, said Lawrence Yun, chief economist for the National Association of Realtors.
› Duda talks faith, economy and American Dream [Florida Today]
To sum up Joseph Duda’s lecture Tuesday at the B.W. Simpkins Business Seminars for Entrepreneurial Development, remember two things. Have a strong faith in God — and in free enterprise.
» The Duda Way: Company Values
› Opinion: For book lovers, a good season in Miami [Miami Herald]
Daniel Defoe kept me sane through the presidential election and traveled light on vacation to New England. I’m nowhere near ready to abandon him, despite all the new books and authors that will battle for my affections this week at the 29th annual Miami Book Fair International, when the city dresses up in literary couture. And do we ever need the revelry this year.
› Scott highlights Mindtree at ribbon cutting [Gainesville Sun]
Gov. Rick Scott returned to Gainesville Tuesday for the second time in three weeks to highlight another company creating jobs and the efforts to lure them.
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› Scripps and other research institutes 'report' progress [South Florida Sun-Sentinel]
Four research institutes that receive federal and state funding make a "semi-public" report of their progress at the annual "Bio-Breakfast" at 7:45 a.m. Friday at The Breakers resort in Palm Beach.
› Richard Florida: Converting creativity into economic development [Jacksonville Daily Record]
Richard Florida, the international consultant and author of best-sellers "The Rise of the Creative Class" and "Who's Your City?" and the new "The Great Reset," will speak Friday at the celebration of the 50th anniversary of the Jacksonville University College of Fine Arts.
› Car sales rebound in Southwest Florida [Sarasota Herald-Tribune]
Buoyed with confidence, flush with low-interest credit and compelled to replace their aging vehicles, consumers are pushing car and truck sales to pre-recession levels throughout Southwest Florida.
› AIDS agency to Broward commissioners: ‘We made a terrible mistake’ [Miami Herald]
The woes of Broward County’s largest HIV center, Broward House, continued Tuesday as members of the County Commission — which is a significant funder — expressed outrage that an accused pedophile had been put in charge of an agency that cares for children.