Airport Traffic Down 58% in December

Airport Traffic Down 58% in December

The impact of the COVID-19 pandemic continues to take a toll on air travel. The latest information from the Tallahassee International Airport shows passenger traffic decreased 58.5% in December when compared to traffic one year ago. The number of passengers was down from 78,462 during December 2019 to 32,524 this year. Last month passenger traffic was […]

Local Business Briefs: TC Federal Bank Names New CEO

Local Business Briefs: TC Federal Bank Names New CEO

After a hectic year for businesses in the year 2020, the Tallahassee Chamber of Commerce will hold their annual meeting for 2021 on January 14th at the Donald L. Tucker Center, where attendees will meet the Chamber’s Board of Directors for 2021. The Tallahassee Chamber says that attendees will also listen to the outgoing Chair, […]

November Report: Leon County Jobs Stagnate, Unemployment Rate Up

November Report: Leon County Jobs Stagnate, Unemployment Rate Up

The latest employment information shows that Leon County lost 847 jobs in November. One year ago Leon County lost 981 jobs. The unemployment rate in November increased to 5.6% from 5.0% in October. One year ago the November unemployment rate was 2.5%. The number of people working in November, 2020 is less when compared to […]

Single-Family Resales Up in November, Prices Spike

Single-Family Resales Up in November, Prices Spike

Sales of existing single-family homes in Leon county were up 22.7% when compared to numbers sold in the same month one year ago. There were 216 single-family home resales in November 2019 and 265 resales in November 2020. Last month there were 313 existing single-family homes sold. The average sales price in November 2020 increased […]

Airport Traffic Down 55% in November

Airport Traffic Down 55% in November

The impact of the COVID-19 pandemic continues to take a toll on air travel. The latest information from the Tallahassee International Airport shows passenger traffic decreased 55.8% in November when compared to traffic one year ago. The number of passengers was down from 75,797 during November 2019 to 33,465 this year. Last month passenger traffic was […]

October Airport Passenger Traffic Down 59.9%

October Airport Passenger Traffic Down 59.9%

The impact of the COVID-19 pandemic continues to take a toll on air travel. The latest information from the Tallahassee International Airport shows passenger traffic decreased 59.9% in October when compared to traffic one year ago. The number of passengers was down from 78,941 during October 2019 to 31,683 this year. Last month passenger traffic was […]

Crescent Sky Real Estate Partners Acquires Castle Apartments in Tallahassee

Crescent Sky Real Estate Partners Acquires Castle Apartments in Tallahassee

Earlier this month, Crescent Sky Real Estate Partners (CSREP) purchased a 30-building multifamily housing portfolio, Castle Apartments, located in Tallahassee. CSREP, based in New York, seeks to “invest in superior risk adjusted multifamily, commercial, and residential real estate opportunities.” Tallahassee’s real estate market aligns with previously obtained ventures in Gainesville that CSREP has acquired. “We […]

Leon County Job Growth Flat in October, Unemployment Rate Up

Leon County Job Growth Flat in October, Unemployment Rate Up

The latest employment information shows that Leon County added 182 jobs in October. One year ago Leon County added 504 jobs. The unemployment rate in October increased to 5.1%. The unemployment last month (September) was 4.6%. One year ago the October unemployment rate was 2.8%. The number of people working in October, 2020 is less […]

September Report Shows Leon County Taxable Sales Down 8.2%

September Report Shows Leon County Taxable Sales Down 8.2%

The most recent information from the Florida Department of revenue shows that consumer spending in Leon County-as measured by taxable sales- was down in September by 8.2% when compared to spending one year ago. In absolute terms, spending in September 2020 was down $31.4 million to $353.6 million. These numbers are preliminary and are subject […]

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