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 […]
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 […]
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% […]
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 […]
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 […]
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 […]
The job gains in Leon County during the fall months were all but erased in January. And while seasonal trends predict job losses in January, the magnitude of the losses are significant. The numbers reported are preliminary and subject to revisions. The latest employment information shows that Leon County lost 3,346 jobs in January. One […]
MetroNet recently announced that the company has started construction of its fiber network in Tallahassee. Initial construction began at the corner of W. Tharpe and Old Bainbridge Road. The announcement marks the start of a multi-year construction plan in the city of Tallahassee. Customers in the initial construction areas can expect service to start as […]
The latest information from the Tallahassee International Airport shows that passenger traffic increased 11.7% in February when compared to traffic one year ago. The number of passengers was up from 63,615 during last February to 71,088 this year. The Passenger Traffic Report shows passenger counts increased for the three major carriers. American was up 16.7%, […]
Sales of existing single-family homes in Leon county increased 8.5% when compared to numbers sold in the same month one year ago. There were 201 single-family home resales in February 2019 and 218 resales in February 2020. Last month there were 157 existing single-family homes sold. The average sales price in February 2020 increased 6.72% […]