Wednesday's Afternoon Update
What you need to know about Florida today
Floridians have economic pessimism to start 2022, consumer sentiment drops in January
Consumer sentiment among Floridians dropped 2.3 points in January to 70.0 from December’s revised figure of 72.3 and is down 12.6 points from a year ago. Similarly, consumer sentiment at the national level decreased in January. “The decline in January is not unexpected considering the ongoing supply disruptions caused by the fast-spreading Omicron variant that have undermined economic activity, pushed prices higher, and caused inflation to reach its highest level in nearly four decades,” said Hector H. Sandoval, director of the Economic Analysis Program at UF’s Bureau of Economic and Business Research. More from UF News.
Battle over casino initiative continues as deadline passes
The fate of a proposed constitutional amendment that would open the door to Las Vegas-style casinos in North Florida remained in limbo Tuesday, after a judge refused to immediately give backers of the proposal more time for verification of signatures required for placement on the 2022 ballot. Florida Voters in Charge, the committee sponsoring the proposed amendment, faced a 5 p.m. deadline Tuesday to have nearly 900,000 signatures validated by state elections officials to reach the November ballot. More from the News Service of Florida.
Orlando metro in top 10 for jobs with high risks of automation, study says
A new study shows the Orlando metro area is at high risk for jobs going automated. Commodity.com says 44% of Orlando-Kississimmee-Sanford metro area workers could see their jobs transitioning to something computerized. It’s based on a study from Oxford University, which calculated the probability of various “lower-skilled” positions becoming automated in the future. More from the Orlando Sentinel.
South Florida salaries growing fastest in nation
Wages and salaries grew faster in South Florida than in any other large area of the nation for the year ended in December, figures released Tuesday by the US Bureau of Labor Statistics found. In a tight labor market, wages and salaries in the seven-county area stretching from Miami-Dade to the north grew 6% for the year, easily outpacing the national gain of 5%, according to the bureau’s figures. The federal agency measures 15 metropolitan areas in the nation where local compensation costs are available. More from Miami Today.
Tampa’s Synapse Summit founder talks innovation and FOMO in the tech world
Imagine a business summit in which the speakers all emphasize the power of innovation, the promise of the future and the importance of a collaborative community. And then imagine that less than a month later, a pandemic sends all those newly motivated attendees into lockdown. That’s pretty much what happened at the last in-person Synapse Summit, a Tampa gathering of innovators, entrepreneurs and investors from Florida and beyond. More from the Tampa Bay Times.
Toni Chrabot, Risk Confidence Group owner and CEO
Toni Chrabot retired in 2015 after 24 years as an FBI special agent and formed Risk Confidence Group LLC, a global consulting and private investigation firm. She is based in Ponte Vedra Beach, where she moved for her last six years with the bureau. Her experience includes hostage negotiating, instructing, management, investigating and crisis operations.
» More from the Jacksonville Daily Record.
Chalk Festival confirms three-day schedule, April 1-3, in Venice
Artists from around the globe will descend on Venice Municipal Airport for the first time in more than two years April 1-3 to mark the return of the Chalk Festival. Denise Kowal, founder of the Chalk Festival and its parent nonprofit, Avenida de Colores, said they are already booking flights for artists from around the world and gearing up to host the three-day festival for the first time since November 2019. “All the artists are super excited,” Kowal said. “Everybody has to stay healthy and safe.”
» Read more from the Sarasota Herald-Tribune.
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