Economy

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AAA: A record-setting 2.5 million Floridians expected to travel over Memorial Day weekend
Nearly 44 million will travel nationally; the most in nearly two decades. Read More.
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PortMiami’s Economic Impact Increases Significantly
PortMiami accounted for 3.9% of the total gross domestic product of Florida in 2023, a result of its busiest year to date. Read More.
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Florida's cost-of-living crisis is forcing people on fixed incomes to move
Mounting HOA fees, upgrades required by insurance companies and sky-high insurance premiums are pricing the middle class and those on fixed incomes out of South Florida. Read More.
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Epic Universe will ‘redefine the park experience,’ Comcast CEO says
Epic Universe will revolutionize the theme park industry, Comcast CEO Brian Roberts said, calling it “the absolute, state-of-the-art, best-in-the-world park.” Read More.
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Floridians Tackling ‘Phantom Debt’
There’s one group of economist and financial analyst that says spending by the U.S consumer is still strong, and another group of economist and financial analyst that will disagree. Read More.
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Florida’s chief financial officer warns solar panels can worsen insurance costs
Chief Financial Officer Jimmy Patronis warned of potential increased home insurance costs and pitfalls for some surrounding an increase in solar panel installation prevalence. Read More.
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Boca Raton's most expensive waterfront property sold for $40M - only for Florida mansion to be knocked down
Despite only being built in the 1990s, the buyers of a $40 million mansion plan to tear it down and build a new resort-style property in its place. Read More.
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What’s the Inflation Rate Under Biden vs 7 Previous Presidents?
Voters seem angry about inflation despite economists telling us how great things are. A few pictures explain. Read More.
Homebuyers are lowering their expectations, but that could be a good thing
2024 was supposed to bring lower mortgage rates and a healthier home sales market. That hasn't happened, but real estate agents say it can actually help buyers. Read More.
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Ron DeSantis Signs Bill For $1.07 Billion In Tax Relief
Earlier today, Florida Governor Ron DeSantis signed House Bill 7073, providing $1.07 billion in tax relief for Floridians this year. Below is an official statement from Gov. DeSantis. Read More.
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Florida’s largest metro areas pounded by sluggish housing market in April
The First Coast saw the most dramatic drop in housing sales, falling by more than 30% in the past year. Read More.
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SEC-Enabled Shareholder Activists Can Potentially Upend The American Economy
Since 2021, the SEC has amended various rules that govern shareholder proposals, board nominations, and proxy processes. Read More.
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Will the flailing economy cost Biden's strong grip on the minority vote?
Right-wing pundits continue to hammer Biden on the effect of inflation on household budgets. Read More.
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Gov. DeSantis announces Freedom Summer Sales Tax Holiday
Expect an affordable summer during the month of July. Read More.
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'This trend does concern me': South Florida housing prices grow despite slowing rents, study finds
A study released by two South Florida universities found that housing premiums in the Miami metropolitan area increased again despite rising interest rates. Read More.

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