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On the Economic Scene

Volusia County On the Economic Scene

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October 26, 2020
Online Version at FloridaBusiness.org

COVID-19 Business Resource Center: VolusiaBusinessResources.com

HAVE YOU SEEN THE LATEST VOLUSIA COUNTY ECONOMIC DEVELOPMENT QUARTERLY? The Volusia County Economic Development Quarterly for the third quarter of 2020 is now available. This publication of Volusia County Government offers information and statistics for readers interested in the area’s business, economic development and real estate market. This edition focuses on countywide economic development team members and examines how they can assist businesses in a COVID-19 environment and beyond.

U.S. BUREAU OF LABOR STATISTICS SEPTEMBER REPORT Total nonfarm payroll employment rose by 661,000 in September and the unemployment rate declined to 7.9%, according to the most recent U.S. Bureau of Labor Statistics report. These improvements in the labor market reflect the continued resumption of economic activity curtailed due to the COVID-19 pandemic and efforts to contain it. Notable job gains occurred in leisure and hospitality, retail trade, health care and social assistance, and in professional and business services. Employment in government declined over the month, mainly in state and local government education. The effects of the pandemic are still reflected in the numbers of unemployed persons. The number of unemployed persons who were jobless less than five weeks increased by 271,000 to 2.6 million. The number of persons jobless five to 14 weeks decreased by 402,000 to 2.7 million, and the number of persons jobless 15 to 26 weeks fell by 1.6 million to 4.9 million.

FREE SCORE WEBINAR: YEAR-END TAX PLANNING FOR YOUR BUSINESS SCORE will present a live webinar called Year-End Tax Planning for Your Business at 1 p.m. Nov. 3. There is still time to take actions that can favorably impact your tax bill for 2020. These measures relate to your employees, customers, equipment and operations and reflect big changes made by the SECURE Act, the CARES Act, the Families First Coronavirus Response Act and other legislation, as well as IRS pronouncements.

WOMEN'S PROCUREMENT WEBINAR ON DOING BUSINESS WITH THE UNITED NATIONS Join the U.S. Commercial Service, U.S. Mission to the United Nations and OWIT-NY for a free introduction to the UN’s nearly $19 billion global procurement market. The event is ideal for women-owned companies that need help getting started. It will cover the U.N. procurement process, how to register as a U.N. vendor and more. The webinar will be held from 1 to 2:30 p.m. Oct. 27.

MAINTAIN A HEALTHY WORK ENVIRONMENT Since COVID-19 may be spread by people with no symptoms, the CDC advises businesses and employers to evaluate and institute controls according to the hierarchy of controls to protect their employees and members of the general public. Recommended considerations include improving the engineering controls using the building ventilation system; giving employees, customers and visitors what they need to clean their hands and cover their coughs and sneezes; and performing routine cleaning. Other healthy work environment actions include performing enhanced cleaning and disinfection after persons suspected/confirmed to have COVID-19 have been in the facility, minimizing risks to employees when planning meetings and gatherings, limiting travel, and advising employees to take additional precautions and preparations if they must travel.

SMALL BUSINESS REOPENING GRANTS STILL AVAILABLE Qualifying businesses with a physical, brick-and-mortar location in a commercial or industrial space in Volusia County may be eligible to receive a one-time Reopening Grant Program grant of $3,000 if they have 25 or fewer employees, or $5,000 if they have 26 to 50 employees. The grant is made available to help small businesses recover from negative financial consequences resulting from the COVID-19 pandemic. Since the grant program’s inception, more than 2,800 grants have been awarded totaling $7.1 million. Funds are still available. Brick-and-mortar businesses should review the grant criteria and apply online. Please note this is a one-time grant. If you have previously received funds from this grant program, a second application will be denied.

HOME-BASED BUSINESS GRANTS STILL AVAILABLE Qualifying home-based businesses located in Volusia County may be eligible to receive a one-time grant of $1,500 if they have up to 50 employees to help them recover from negative financial consequences resulting from the COVID-19 pandemic and relaunch their Volusia County business. Review the complete list of grant criteria details and apply online. Please note this is a one-time grant. If you have previously received funds from this grant program, a second application will be denied.

NEWS ITEMS WANTED! Please send your business news items to Heather Edwards

2020

October 26, 2020
October 12, 2020
October 5, 2020
September 23, 2020
September 15, 2020
September 8, 2020
September 3, 2020
August 17, 2020


August 8, 2020
July 17, 2020
June 30, 2020
June 23, 2020
May 26, 2020
May 18, 2020
May 11, 2020
May 4, 2020
April 27, 2020
 
April 20, 2020
April 13, 2020
April 6, 2020
March 30, 2020
March 16, 2020
March 9, 2020
March 2, 2020
February 24, 2020
February 17, 2020
 
February 10, 2020
Febuary 3, 2020
January 27, 2020
January 20, 2020
January 13, 2020
January 6, 2020

2019

December 30, 2019
December 23, 2019
December 16, 2019
December 9, 2019
December 2, 2019
November 25, 2019
November 18, 2019
November 11, 2019
November 4, 2019
October 28, 2019
October 21, 2019
October 14, 2019
October 7, 2019

September 30, 2019
September 23, 2019
September 16, 2019
September 9, 2019
August 26, 2019
August 19, 2019
August 12, 2019
August 5, 2019
July 29, 2019
July 22, 2019
July 15, 2019
July 8, 2019
July 1, 2019

June 24, 2019
June 17, 2019
June 10, 2019
June 3, 2019
May 27, 2019
May 20, 2019
May 13, 2019
May 6, 2019
April 29, 2019
April 22, 2019
April 15, 2019
April 8, 2019
April 1, 2019


March 25, 2019
March 18, 2019
March 11, 2019
March 4, 2019
February 25, 2019
February 18, 2019
February 11, 2019
February 4, 2019
January 28, 2019
January 21, 2019
January 14, 2019
January 7, 2019

2018

December 31, 2018
December 24, 2018
December 17, 2018
December 10, 2018
December 3, 2018
November 26, 2018
November 19, 2018
November 12, 2018
November 5, 2018
October 29, 2018
October 22, 2018
October 15, 2018
October 8, 2018
October 1, 2018

September 24, 2018
September 17, 2018
September 10, 2018
September 3, 2018
August 27, 2018
August 20, 2018
August 13, 2018
August 6, 2018
July 30, 2018
July 23, 2018
July 16, 2018
July 9, 2018
July 2, 2018

June 25, 2018
June 18, 2018
June 11, 2018
June 4, 2018
May 28, 2018
May 21, 2018
May 14, 2018
May 7, 2018
April 30, 2018
April 23, 2018
April 16, 2018
April 9, 2018
April 2, 2018

March 26, 2018
March 19, 2018
March 12, 2018
March 5, 2018
February 26, 2018
February 19, 2018
February 12, 2018
February 5, 2018
January 29, 2018
January 22, 2018
January 15, 2018
January 8, 2018
January 2, 2018