Leon County Loses 22,030 Jobs in April

Leon County Loses 22,030 Jobs in April

The latest employment information shows that Leon County lost 22,030 jobs in April. One year ago Leon County lost 620 jobs. The unemployment rate in April increased from 4.1% in March to 8.2%. One year ago the unemployment rate was 2.7%. Support Local Journalism by Signing Upfor a $50 TR Annual Subscription The number of […]

Leon County Home Sales Down 16% in April, Prices Up

Leon County Home Sales Down 16% in April, Prices Up

Sales of existing single-family homes in Leon county were down 16% when compared to numbers sold in the same month one year ago. There were 319 single-family home resales in April 2019 and 268 resales in April 2020. Last month there were 254 existing single-family homes sold. The average sales price in April 2020 increased […]

Tallahassee Airport Traffic Down 95% in April

Tallahassee Airport Traffic Down 95% in April

The full impact of the COVID-19 pandemic was evident in the latest information from the Tallahassee International Airport which shows passenger traffic decreased 95.7% in April when compared to traffic one year ago. The number of passengers was down from 71,036 in last April to 3,031 this year. In March month-over-month traffic was down 48.1%. […]

Prime Meridian Bank Processes $80 Million in “Paycheck Protection” Loans

Prime Meridian Bank Processes $80 Million in “Paycheck Protection” Loans

Prime Meridian Holding Company recently announced that Prime Meridian Bank had received Small Business Administration (SBA) approval on 746 loans related to the SBA Paycheck Protection Program (PPP). As of April 29th, $74.4 million of the $80.0 million in loans had been disbursed. “One thing is for sure,”said Sammie D. Dixon, Jr., Vice Chairman, President […]

COVID-19 Shutdown Hits Local Employment Numbers

COVID-19 Shutdown Hits Local Employment Numbers

The latest employment information shows that Leon County lost 3,067 jobs in March. One year ago Leon County lost 24 jobs. The unemployment rate in March increased from 2.8% in February to 4.1%. One year ago the unemployment rate was 3.0%. Support Local Journalism by Signing Upfor a $50 TR Annual Subscription The number of […]

Leon County March Home Re-Sales Hold Steady, Prices Up

Leon County March Home Re-Sales Hold Steady, Prices Up

Sales of existing single-family homes in Leon county remained unchanged when compared to numbers sold in the same month one year ago. There were 252 single-family home resales in March 2019 and 254 resales in March 2020. Last month there were 218 existing single-family homes sold. The average sales price in March 2020 increased 8.2% […]

March Tallahassee Airport Traffic Hit by COVID-19 Pandemic

March Tallahassee Airport Traffic Hit by COVID-19 Pandemic

In the midst of the COVID-19 pandemic, the latest information from the Tallahassee International Airport shows that passenger traffic decreased 48.1% in March when compared to traffic one year ago. The number of passengers was down from 73,055 in last March to 37,918 this year. The full impact of COVID-19 will not be evident until […]

Florida Senator Marco Rubio Outlines Economic Recovery Plan for Small Businesses

Florida Senator Marco Rubio Outlines Economic Recovery Plan for Small Businesses

On March 19th, Florida Senator Marco Rubio tweeted out the possible components of a economic recovery program being crafted by federal officials to help businesses impacted by the COVID-19 virus. The key components include forgiveable loans, a process handled by banks in the community, to be inclusive when defining “small business” and to move as […]

Commercial Real Estate Update Shows Promise for North Monroe Corridor

Commercial Real Estate Update Shows Promise for North Monroe Corridor

A conference focused on the commercial real estate market was recently held at FSU’s Turnbull Center and provided an interesting perspective on the dynamics of Tallahassee’s local economy. The conference, attended by approximately 275 people, was sponsored by NAI TALCOR and facilitated by Ed Murray, President, Broker, and Director at NAI TALCOR. North Monroe Corridor […]

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