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Thursday's Afternoon Update
What you need to know about Florida today
Business spending plans, jobs data support growth outlook
Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy. More at Reuters and Bloomberg.
‘High Tech Corridor’ group announces name change
The Florida High Tech Corridor, a multiple-county economic development partnership has changed its name to The Corridor. In nearly two decades, The Corridor has worked with 360 companies on nearly 1,350 research projects, generating close to $1 billion in economic impact. More at the Tampa Bay Times. and the Daytona Beach News-Journal.
South Florida workers rank among least proficient English speakers
Almost a quarter of the working-age population in South Florida has limited English skills, more than almost all other areas of the U.S., according to a Brookings Institution study released this week. More at the South Florida Business Journal.
Scripps Florida studies ways to counteract chemical weapons
If U.S. soldiers were hit with biological or chemical weapons, the U.S. military would like to mobilize portable labs to quickly test for compounds that could halt those threats to the human body. That explains why the U.S. Department of Defense has awarded $7.9 million to build what amounts to an artificial immune system. More at the South Florida Sun-Sentinel.
Fintech LatAm conference highlights a growing sector
Miami’s inaugural Fintech LatAm conference explored financial-technology innovation in the Americas as well as efforts to boost Miami as a hub for financial tech innovation. More at the Miami Herald.
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