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Monday's Daily Pulse
What you need to know about Florida today
Older workers, retirees Florida's biggest economic generators
Call it Florida's hidden economy, one with a grayish tinge. Floridians 50 or older make up just 38 percent of the state's population. Yet, despite being fewer in number, they have a bigger economic impact than younger residents here. [Source: Tampa Bay Times]
Middle class caught in spending squeeze
Squeezed between flat wages and rising prices, many middle-class consumers are feeling poor. The recession forced many people to change their ways as nearly 9 million Americans lost their jobs and home foreclosures hit record highs. [Source: Dallas Morning News]
Student loan debt hurts housing market
Millennials are expected to provide a significant jolt to the housing recovery in the next few years, as more young families leave their apartment rentals to buy starter homes. At the same time, an enormous burden is already weakening these young Americans’ economic impact: Student loan debt. [Source: Sarasota Herald-Tribune]
See also:
» Cash gifts from friends, family help fuel housing recovery
With less than six weeks to Election Day, Sarasota Herald-Tribune political editor Jeremy Wallace examines the issues facing the campaign for governor between Charlie Crist and Rick Scott. See the complete graphic and see also:
» If Scott's re-elected, who will he be?
Retirees dump their possessions and hit the road
Some call themselves "senior gypsies." Others prefer "international nomad." They are American retirees who have downsized to the extreme, choosing a life of travel over a life of tending to possessions. And their numbers are rising. [Source: Tampa Bay Times]
ALSO AROUND FLORIDA:
› Orlando firms help create theme parks overseas
Central Florida companies that work with theme parks are looking far beyond their back yard toward international growth, particularly in Asia.
› Documents show Gov. wanted big deal with tribe
Florida Gov. Rick Scott's staff nearly reached a multi-billion dollar deal with the Seminole Indian tribe that would have allowed it to add roulette and craps at its South Florida casinos, documents obtained by The Associated Press show.
› Brazil's Embraer debuts military plane made in Florida
Embraer, the Brazilian aircraft maker than runs U.S. operations from Fort Lauderdale, has rolled out its first military plane made in Florida.
› Orlando's electric utility fights cyberwar
A fear at Orlando Utilities Commission and utilities across the U.S. is that a cyberstrike by "bad guys" in Russia, China or even a small American town will put out lights for a long time.
Go to page 2 for more stories ...
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