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Wednesday's Afternoon Update
What you need to know about Florida today
Industrial production posts biggest drop since 2009
The Federal Reserve said Wednesday that industrial production — which includes factories, utilities and mines — slid 0.6 percent in March, the biggest drop since a 1.1 drop in May 2009. For the first three months of the year, industrial output fell at an annual rate of 1 percent, the worst quarterly performance since the first quarter of 2009 during the Great Recession. More at the AP.
Florida is the World's Port of Call
One segment of the tourism sector, the cruise industry, is uniquely suited to take advantage of Florida’s natural attributes. No other state or nation can boast the number of cruise lines, port proximity advantages, and welcoming culture that Florida offers. Read the full commentary from Florida TaxWatch.
Unusual partnership spurs education
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Out of the Box
One CEO has decided to boldly go where few have gone before by implementing a $70,000-a-year minimum wage from an average salary of $48,000 currently. |
To help struggling public schools, a state non-profit organization matches the schools with executives from the private sector. The organization’s work is essentially based on the idea of learning how to run a school somewhat like a business. More at Miami Today.
The messy business of reinventing happiness
Any effort to reimagine Disney World would need to be monumental, almost by definition. Disney World isn’t an amusement park: It’s a metropolis. Get a look inside Disney's radical plan to modernize its cherished theme parks at Fast Company.
New York caps sales tax on yachts to compete with Florida
New York is capping its sales tax on yachts in a bid to lure back business from Florida and other locales that charge less. But Florida's yacht brokers say they're not worried that the move will cost the Sunshine State much — if anything. More at the South Florida Sun-Sentinel.
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2015 Economic Yearbook
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