economics http://wlrn.org en ENCORE: The Sunshine Economy On Agriculture http://wlrn.org/post/encore-sunshine-economy-agriculture <p></p><p>Squeezed between South Florida's neighborhoods and the Everglades is a multi-billion-dollar-a-year industry. Tomatoes, beans and avocados all sprout from the rocky South Florida soil along with one of the largest nursery industries growing trees, shrubs and other landscaping plants.</p><p>Agriculture generates a direct $700 million dollars a year in Miami-Dade County alone. The economic impact of the plowing, growing and picking of those crops is much larger.</p><p> Mon, 16 Dec 2013 19:20:20 +0000 Tom Hudson 20571 at http://wlrn.org ENCORE: The Sunshine Economy On Agriculture Gov. Scott's Top Business Recruiter Gets A Pay Hike http://wlrn.org/post/gov-scotts-top-business-recruiter-gets-pay-hike <p><span style="line-height: 1.5;">The outlook was largely positive as Governor Rick Scott, government officials and business leaders gathered in Coral Gables to discuss progress in boosting Florida’s economy.</span></p><p>The Oct. 31 gathering coincided with a board meeting of Enterprise Florida, the state’s public-private economic development agency.</p> Thu, 31 Oct 2013 21:27:38 +0000 Rachel Morello & Jim Turner & News Service of Florida 22994 at http://wlrn.org Gov. Scott's Top Business Recruiter Gets A Pay Hike Senate Committee Hears Local Feedback On Casino Expansion http://wlrn.org/post/senate-committee-hears-local-feedback-casino-expansion <p>Florida’s Senate Gaming Committee held its first public workshop recently to hear local perspectives about the future of gambling in the state as well as the potential social and economic impact expanded gaming would have on South Florida.</p><p>Early last year, state lawmakers shot down a bill to allow major casinos in South Florida. But now they’re reconsidering that decision, and possibly changing other state laws on gambling --- and that has plenty of people concerned.</p> Wed, 30 Oct 2013 18:43:58 +0000 Rachel Morello 22915 at http://wlrn.org Senate Committee Hears Local Feedback On Casino Expansion Startups Try To Reroute Food Waste To The Hungry http://wlrn.org/post/startups-try-reroute-food-waste-hungry In an alley in Northeast Washington, D.C., hundreds of pounds of produce are piled haphazardly on pallets. Mexican Fruits, a discount grocer, can't sell the fruit and vegetables inside these boxes because the food has gone soft or is lightly bruised. Some will be donated, but most boxes are destined for a large, green Dumpster nearby.<p>Before it gets tossed, Roger Gordon grabs one box of lightly speckled bananas. Gordon is the co-founder of <a href="http://foodcowboy.com/">Food Cowboy</a>, a startup that's trying to redirect discarded food from Dumpsters to hunger relief groups. Tue, 29 Oct 2013 18:25:57 +0000 22844 at http://wlrn.org Startups Try To Reroute Food Waste To The Hungry South Florida Food Banks Prepare For Funding Cuts http://wlrn.org/post/south-florida-food-banks-prepare-funding-cuts <p>Florida's food programs are bracing for cuts to the Supplemental Nutrition Assistance Program (SNAP) that kick in Nov. 1 --- while watching warily as U.S. House and Senate conferees prepare to negotiate a federal farm bill, which could have much more far-reaching consequences for hungry Floridians.</p> Mon, 28 Oct 2013 11:30:00 +0000 Margie Menzel & News Service of Florida 22753 at http://wlrn.org South Florida Food Banks Prepare For Funding Cuts Cuba's Currency Correction: Will Castro Fall Short Again? http://wlrn.org/post/cubas-currency-correction-will-castro-fall-short-again <p>Last year I spoke by phone with a frustrated woman in Santiago, Cuba, who was trying to start a seamstress business. It’s the sort of small private enterprise that Cuban leader Raúl Castro claims to be encouraging as part of free-market reforms meant to salvage the island’s threadbare, communist economy. (But don’t dare say Raúl is copying China’s communist-capitalist system. That makes him mad.)</p> Mon, 28 Oct 2013 11:00:00 +0000 Tim Padgett 22749 at http://wlrn.org Cuba's Currency Correction: Will Castro Fall Short Again? Cuba To Phase Out Two-Peso Currency System http://wlrn.org/post/cuba-phase-out-two-peso-currency-system Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso.<p>The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth. Many products that are imported into the country can be bought only with the dollar-based convertible peso. Tue, 22 Oct 2013 19:48:19 +0000 Bill Chappell 22517 at http://wlrn.org Cuba To Phase Out Two-Peso Currency System Job Growth Was Disappointing, But Some See Reasons For Hope http://wlrn.org/post/job-growth-was-disappointing-some-see-reasons-hope When it finally came out Tuesday, <a href="http://www.npr.org/blogs/thetwo-way/2013/10/22/239604938/fewer-jobs-than-forecast-in-sept-but-jobless-rate-fell">the September jobs report</a> — delayed for 18 days by the government shutdown — showed a labor market moving forward. Tue, 22 Oct 2013 19:44:38 +0000 Marilyn Geewax 22515 at http://wlrn.org Job Growth Was Disappointing, But Some See Reasons For Hope Broward, Palm Beach Beat Other U.S. Metro Areas In Jobless Drop http://wlrn.org/post/broward-palm-beach-beat-other-us-metro-areas-jobless-drop <p></p><p>Broward County and Palm Beach’s unemployment rates are dropping faster than it is in any other major metropolitan area, according to a new federal report.</p><p>For August, the most recent month with updated federal data, the Fort Lauderdale metropolitan area saw unemployment plunge to 5.8 percent from 7.7 percent a year before. according to data released Monday. Palm Beach also saw a drop of nearly two percentage points (from 9.7 percent to 8.4 percent), ending Seattle’s six-month run atop the list produced each month by the Bureau of Labor Statistics.</p> Tue, 22 Oct 2013 15:00:28 +0000 Douglas Hanks 22494 at http://wlrn.org Broward, Palm Beach Beat Other U.S. Metro Areas In Jobless Drop How Spanish Investment, Trade Ties With Florida Offer Business Gold http://wlrn.org/post/how-spanish-investment-trade-ties-florida-offer-business-gold <p></p><p>Arriving in South Florida, visitors from Spain might feel as if they’ve never left the Iberian Peninsula.</p> Mon, 21 Oct 2013 15:49:30 +0000 Mimi Whitfield 22431 at http://wlrn.org How Spanish Investment, Trade Ties With Florida Offer Business Gold Economists Fear 'Flying Blind' Without Government Data http://wlrn.org/post/economists-fear-flying-blind-without-government-data Talk to economists about the government shutdown's impact on their forecasts and you'll hear this phrase again and again:<p>Flying blind.<p>For economists and investors, "at this moment, we are flying blind," said Alan Greenspan, former chairman of the Federal Reserve and now president of Greenspan Associates LLC, a consulting firm.<p>Greenspan is not alone in feeling a little lost without the compass of government reports.<p>"We have not been collecting the data, so we are <a href="http://www.mesirowfinancial.com/economics/swonk/themes/themes_1013.pdf">flying blind</a>," said Diane Swonk, pas Fri, 18 Oct 2013 11:24:29 +0000 Marilyn Geewax 22297 at http://wlrn.org Economists Fear 'Flying Blind' Without Government Data Port Everglades On Florida's Short List For $35M In Investment Upgrades http://wlrn.org/post/port-everglades-floridas-short-list-35m-investment-upgrades <p><span class="il" style="background-color: rgb(255, 255, 204); color: rgb(34, 34, 34); font-family: Arial; font-size: small; line-height: normal; ">Port</span><span style="color: rgb(34, 34, 34); font-family: Arial; font-size: small; line-height: normal; ">&nbsp;Canaveral,&nbsp;</span><span class="il" style="background-color: rgb(255, 255, 204); color: rgb(34, 34, 34); font-family: Arial; font-size: small; line-height: normal; ">Port</span><span style="color: rgb(34, 34, 34); font-family: Arial; font-size: small; line-height: normal; ">&nbsp;Everglades and the&nbsp;</span><span class="il" st Thu, 17 Oct 2013 13:36:36 +0000 Jim Turner & News Service Of Florida 22270 at http://wlrn.org Port Everglades On Florida's Short List For $35M In Investment Upgrades Congress Approves Bill To End Government Shutdown, Avert Default http://wlrn.org/post/congress-approves-bill-end-government-shutdown-avert-default Bringing to an end an episode that once again exposed Washington gridlock at its worst, the House approved a Senate deal that will end a 16-day federal government shutdown and avert the first government default in U.S. history.<p>The 285-144 vote came at the eleventh hour, after weeks of partisan bickering and a very public airing of deep divisions within the Republican party. Thu, 17 Oct 2013 11:24:11 +0000 22261 at http://wlrn.org Congress Approves Bill To End Government Shutdown, Avert Default Public Debt On TSE: Counting Up The Dollars And Sense http://wlrn.org/post/public-debt-tse-counting-dollars-and-sense <p></p><p>The debate in Congress over raising the debt ceiling was focused on the $16.7 trillion borrowing limit. That's a huge number that has been increasing rapidly since the Great Recession. The chart above from the U.S. Federal Reserve shows the federally reported public debt jumping from $6 trillion after the 2001 recession to almost $17 trillion this fall. &nbsp;</p> Thu, 17 Oct 2013 10:30:00 +0000 Tom Hudson 22241 at http://wlrn.org Public Debt On TSE: Counting Up The Dollars And Sense The 1973 Arab Oil Embargo: The Old Rules No Longer Apply http://wlrn.org/post/1973-arab-oil-embargo-old-rules-no-longer-apply Forty years ago this week, the U.S. was hit by an oil shock that reverberates until this day.<p>Arab oil producers cut off exports to the U.S. to protest American military support for Israel in its 1973 war with Egypt and Syria. This brought soaring gas prices and long lines at filling stations, and it contributed to a major economic downturn in the U.S.<p>The embargo made the U.S. feel heavily dependent on Middle Eastern oil, which in turn led the U.S. to focus on instability in that region, which has since included multiple wars and other U.S. Wed, 16 Oct 2013 21:20:40 +0000 22229 at http://wlrn.org The 1973 Arab Oil Embargo: The Old Rules No Longer Apply