Economy

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DeSantis signs trimmed budget, vetoes nearly $1 billion
Gov Ron DeSantis signed a $116.5 billion state budget into law Wednesday after cutting $1 billion worth of local projects and other initiatives, boasting that Florida is able to do more with less money than other states and the federal government. Read More.
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US borrowed $1.2 trillion in past 8 months: CBO
The federal government has borrowed roughly $1.2 trillion in the eight-month period ending in May, the Congressional Budget Office (CBO) estimated in a report on Monday. Read More.
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Gas prices in Florida plummet to their lowest levels in four months
The average price of a gallon of gas has fallen 15 cents in the last week. Read More.
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These Florida counties have the highest GDP growth in the state
Three South Florida counties topped the list of the places in the state with the highest GDP growth — and one of them ranks among the top 10 in the United States. Read More.
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Florida rental market shows signs of stabilization, FAU reports
Renters in Florida may be in for some good news as the rental market shows signs of stabilization, according to a recent report by researchers at FAU. Read More.
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Warehouse complex west of Delray hailed as 'game changer' for Palm Beach County's economy
Warehouse project is expected to be completed within three years although the first of the three buildings could open sometime next year. Read More.
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Wellington offers grants for low- to moderate-income residents
The village of Wellington is offering two types of grants assisting low- to moderate-income homeowners who live in the area. Read More.
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Downtown Boca Raton expects more than 1,000 new homes, plus stores, offices and hotel rooms
A recently released report shows all the approved projects in downtown Boca Raton waiting to be finalized. Many new residences, stores, offices and hotel rooms are coming soon. Read More.
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With $75M economic impact, Miami Swim Week celebrates 20th year on Miami Beach
Fifty runway shows featuring designers from all over the world are on throughout the weekend at the tents at Collins Park, as well as, other venues. Read More.
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Florida Lawmakers Optimistic About Possible Property Insurance Rate Reductions
As reported by Florida Daily last week, eight insurance companies have announced their intention to lower their insurance rates, while an additional ten plan to keep rates the same. Read More.
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Florida Gas Prices, Inflation May Damper Summer Travel Plans
There is gas under $3 dollars a gallon and that is in Ft Walton Beach, where it’s $2.92 a gallon. According to AAA, the state average is around $3.521. up by almost 8-cents from the following week. Read More.
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Single family home prices jump again in Palm Beach County
A new report shows the costs of Palm Beach County homes are going up, making living in the county almost unaffordable. Read More.
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Lobbying compensation: Top 25 firms post strong Q1 reports
Here’s your rundown of the No. 25 to No. 16 top lobbying firms through the first 3 months of 2024. Read More.
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Florida Residents Spend $1,148 on Groceries Each Month
For most of the last three years, American consumers have been grappling with greater financial pressure from increased prices throughout the economy. Read More.
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Drivers are catching a break at the gas pump ahead of Memorial Day weekend
The average price of a gallon of gas continued to drop as a record number of Floridians are expected to take to the road. Read More.

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