Tom Hudson
Senior Economics Editor and Special Correspondent.Tom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
Hudson's extensive reporting on South Florida's economy has taken him from the waters of Florida Bay to the depths of the PortMiami tunnel (and countless offices and conference rooms). He has interviewed bartenders and bankers, caregivers and CEOs to report on the people behind economic statistics.
He began his business reporting career in March 2000, just weeks after the dot-com bubble burst. He has reported from the trading floors of the CME, Chicago Board Options Exchange, NASDAQ and New York Stock Exchange. He previously served as Vice President of News at WLRN when he created and hosted The Sunshine Economy for 10 years. He was managing editor and co-anchor of Nightly Business Report on PBS.
Hudson is married with two sons and advises every bicycle rider to always wear their helmet.
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The Broward-based airline said its bankruptcy reorganization will not impact passengers or employees.
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The South Florida-based budget airline said bankruptcy is not expected to affect employees and passengers.
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PortMiami saw a record 8.2 million passengers during the most recent fiscal year. That’s almost a 13% increase from a year earlier. It keeps PortMiami as the busiest cruise port across the globe.
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The latest data shows that the percentage of registered voters who turned out for this election was the highest in a generation. However, there were fewer total voters compared to 2020. Florida’s population has grown in the last four years, so why hasn’t the number of registered voters increased?
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New rules for condo associations in Florida are likely taking their toll on sales statewide as median prices fall.
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Presidential candidate ad spending usually is in the tens of millions of dollars in Florida. Not this year. Not by a wide margin.
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It now takes an average of three months to sell a condo in South Florida. It took only 30 days a year ago.
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Spirit Airlines has been given a two-month extension to refinance about $1 billion of its debt, which was due on Monday. The largest Florida-based airline has been renegotiating $1 billion of its bonds as its stock price plummets.
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Miami's housing market topped the list of more than two dozen cities across five continents in the annual Global Real Estate Bubble Risk Index from investment firm UBS.
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A construction boom sparked by people moving to the region during the COVID-19 pandemic will bring more than 14,000 apartment units to the housing market this year. It doesn't mean rents will drop.
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Spirit Airlines is rushing to renegotiate a loan it took out during the pandemic. It might not be enough to avoid bankruptcy.
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South Florida condo owners already spend a lot on monthly fees but very little of the money goes into reserves. More money will have to be funneled into savings beginning next year.