GM Downsizing in North America: Closing Factories, Cutting Jobs
Last Tuesday, November 27, Mike Colias of the Wall Street Journal reported that GM will close several factories in North America and…
Business
Mortgage Cash-Out Refinancing Hits Record, Resembles Behavior that Led to 2008 Crisis
Americans have hit the highest share of cash-out refinancing since 2007 warns a recent Wall Street Journal article by Ben Eisen and…
Housing Agency Worries Over Inflated Home Prices
As uncertainty over the future outlook of the U.S. economy looms, the Federal Housing Administration (FHA) worries that inflated home values will…
Job Growth Flat in October, Unemployment Rate Remains Below 3.0%
The latest employment information shows that Leon County added 64 jobs in October, 2018. One year ago Leon County lost 2,047 jobs.…
More Than Cash, What Amazon Really Looked for in Deciding H2Q
Amazon.com Inc. chose NYC and Northern Virginia as the locations for its new headquarters, referred to as H2Q. Understanding why Amazon chose…
Much Ado About Drop in Price of Oil
At the end of last week, U.S. stocks dropped. Specifically, the S&P 500, an index of the 500 largest U.S. publicly traded…
Economic Activity on the Rise: Understanding the New Statement from the Federal Reserve
Keeping up to date with the decisions of the Federal Reserve is a must. Right now, major stock market indexes and employment…
Trulieve CEO Kim Rivers Appears on CNBC’s “Mad Money” with Jim Cramer
Tallahassee’s Kim Rivers, the CEO of North Florida based Trulieve, appeared on CNBC’s “Mad Money” with Jim Cramer on Monday, October 8th.…
Putnam Says Trade Deal Falls Short for Florida Farmers
By Jim Turner, The News Service of Florida TALLAHASSEE — Florida Agriculture Commissioner Adam Putnam would like the renegotiated and rebranded North…
City Ordinance Establishes Hours of Operation for Businesses Selling Alcoholic Beverages
At the September 26th meeting, the City Commission introduced a new ordinance regarding the closing hours for any licensed establishment selling and…
US Census Bureau: Median Income Rises, Poverty Declines
The Wall Street Journal reported on new data from the Census Bureau regarding American incomes and poverty levels. In 2017, income levels…
Feds Revise Tallahassee’s 2016 “Fastest Growing Economy” GDP Down by 52%
Note: The original percentage revision (105%) published was changed using a more conservative calculation method. Late last year the Bureau of Economic…