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August 17, 2018

Friday's Afternoon Update

What you need to know about Florida today

| 5/11/2018

Florida, always a bridesmaid, seeks to surpass Texas

For the 14th straight year Florida is the runner-up to Texas in a survey of some 300 CEOs nationwide when it comes to the best states to do business. The biggest factor blocking Florida from dethroning Texas won’t come as a surprise to many business leaders: workforce quality. More from the Business Observer.

Carnival Cruise Line unveils new Fleet Operations Center

Carnival Cruise Line’s new 35,000-square-foot Fleet Operations Center resembles the bridge of a spaceship in a science-fiction movie — a sleek and luxurious spaceship like in “Star Trek,” not a battleship or cargo ship seen in grittier films like “Aliens.” More from the South Florida Sun-Sentinel.

SpaceX will try again today for rocket launch

Elon Musk’s SpaceX will try again today to launch its new workhorse version of the Falcon 9 rocket that will carry a communications satellite into orbit for Bangladesh. The rocket, known as the Block 5, is expected to be the company’s most durable, capable of being reused 10 or more times. More from the Orlando Sentinel.

Miami-Dade incomes are now below where they were in 1970

Unemployment in Miami-Dade has never been lower. Unfortunately, the same can also be said of incomes. A new calculation shows that the median household income in Miami-Dade has actually decreased over the past five decades—to $45,900 in 2016 from $49,800 in 1970. More from the Miami Herald.

Florida remains off table for Trump oil drilling plan, Zinke says

Interior Secretary Ryan Zinke maintained this week that Florida remains exempt from the Trump administration's plan to open up coastal waters to oil drilling — a move that continues to infuriate officials in other states. More from the Tampa Bay Times.

Financial Health
Study Finds Most Financially Healthy Places in Florida

 A healthy mind and a healthy body are important, but a healthy wallet is too. SmartAsset recently released a study on the most financially healthy places in the U.S. -- and Florida For a detailed look at how the top counties in Florida performed in each category, click on the table and read more at Florida Trend.


Sports Business
Florida colleges rake in softball revenues

floridaCollege softball delivers a lot of hard cash for Florida’s secondary education sector. With 1,122 players, Florida’s 56 schools with softball programs scored more than $25 million in revenue in 2016, according to a Watchdog Florida report.

» Read more from the Business Observer.

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Facing South Florida
Facing South Florida

The US-China trade war & the business of Florida lobster.

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Have you encountered either the toxic algae or the red tide plaguing Florida this summer?

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