The latest employment information shows that Leon County lost 875 jobs in June, 2019. One year ago Leon County lost 1,747 jobs. This month’s job loss follows a loss of approximately 217 jobs in May. The unemployment rate increased from 2.9% in May to 3.5% in June. One year ago the unemployment rate was 3.8%. […]
Tallahassee, FL – The Tallahassee Economic Index (TEI), a local economic growth indicator, released numbers ending April 2019. Following a 4.42 point slip in March, the Index saw a 5.15 point accretion from 44.96 to 50.10 in April. “Tallahassee’s economy continues the positive trend that has prevailed for most of this year, pushing the index […]
The latest information from the Tallahassee International Airport shows that passenger traffic increased in June by 6.8% when compared to traffic one year ago. The number of passengers was up from 67,795 during last June to 72,424 this year. The Passenger Traffic Report shows passenger counts increased for the two major carriers. American was up […]
Sales of existing single-family homes in Leon county decreased 1.1% when compared to numbers sold in the same month one year ago. There were 366 single-family home resales in June 2018 and 362 resales in June 2019. Last month there were 344 existing single-family homes sold. The average sales price in June 2019 decreased 1.2% […]
The Network of Entrepreneurs and Business Advocates (NEBA) will hold their monthly membership meeting on Tuesday, June 25, 12:00 pm – 1:00 pm at the Capital City Country Club. There will be a panel discussion about trade school opportunities by Rocky Hanna, Leon County Superintendent of Schools and Curtis Richardson, City of Tallahassee Commissioner and […]
Businesses and Consumers Slack off as Spring Sets in Tallahassee, FL – The Tallahassee Economic Index (TEI), a measure of the city’s economic growth, recently released numbers ending March 2019. Following a 7.42 point breakthrough in February, the Index saw a setback of 4.42 points from 49.38 to 44.96 in March. “The local economy took […]
A new report addressing home affordability – which was cited by the Wall Street Journal – shows that it takes longer for home-buyers in the City of Tallahassee to save for a down payment to purchase a home than in a number of other Florida cities. In January 2019, one of the top priorities set […]
Tallahassee-based Prime Meridian Bank has announced its expansion into the Lakeland, Florida market. The Bank opened a full-service location at 3340 South Florida Avenue, on Tuesday, April 16, 2019. Lakeland is ranked as the 20th most populated city in Florida with approximately 112,000 inhabitants. However, Lakeland is part of the 7th ranked Metropolitan Statistical Area […]
A 2018 visitor tracking report completed by the consulting firm Downs & St. Germain Research reveals that the main reason people visit Tallahassee is for a business meeting or conference. This is followed by those who visit to see friends or relatives. The tracking report was designed to develop a profile of travel parties to […]
A number of Tallahassee government, business, and community leaders headed to Greenville, S.C. this week on a fact finding tour that is scheduled to last until Wednesday. One of the reported purposes of the trip is to determine if there are any economic development ideas being implemented in Greenville that can be replicated here in […]