On the Economic Scene

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

2017

December 26, 2017
December 18, 2017
December 11, 2017
December 4, 2017
November 27, 2017
November 20, 2017
November 13, 2017
November 6, 2017
October 30, 2017
October 23, 2017
October 16, 2017
October 9, 2017

October 2, 2017
September 25, 2017
September 18, 2017
September 4, 2017
August 28, 2017
August 21, 2017
August 14, 2017
August 7, 2017
July 31, 2017
July 24, 2017
July 17, 2017
July 10, 2017
July 3, 2017

June 26, 2017
June 19, 2017
June 12, 2017
June 5, 2017
May 29, 2017
May 22, 2017
May 15, 2017
May 8, 2017
May 1, 2017
April 24, 2017
April 17, 2017
April 10, 2017
April 3, 2017

March 27, 2017
March 20, 2017
March 13, 2017
March 6, 2017
February 27, 2017
February 20, 2017
February 13, 2017
February 6, 2017
January 30, 2017
January 23, 2017
January 16, 2017
January 9, 2017
January 2, 2017

2016

December 26, 2016
December 19, 2016
December 12, 2016
December 5, 2016
November 28, 2016
November 21, 2016
November 14, 2016
November 7, 2016
October 31, 2016
October 24, 2016
October 14, 2016
October 3, 2016

September 26, 2016
September 19, 2016
September 12, 2016
September 5, 2016
August 29, 2016
August 22, 2016
August 15, 2016
August 8, 2016
August 1, 2016
July 25, 2016
July 18, 2016
July 11, 2016
July 4, 2016

June 28, 2016
June 20, 2016
June 13, 2016
June 6, 2016
May 30, 2016
May 23, 2016
May 16, 2016
May 9, 2016
May 2, 2016
April 25, 2016
April 18, 2016
April 11, 2016
April 4, 2016

March 28, 2016
March 21, 2016
March 14, 2016
March 8, 2016
February 29, 2016
February 22, 2016
February 15, 2016
February 8, 2016
February 1, 2016
January 25, 2016
January 18, 2016
January 11, 2016
January 4, 2016

2015

December 28, 2015
December 21, 2015
December 14, 2015
December 7, 2015
November 30, 2015
November 23, 2015
November 16, 2015
November 9, 2015
November 2, 2015
October 26, 2015
October 19, 2015
October 12, 2015
October 5, 2015

September 28, 2015
September 21, 2015
September 14, 2015
September 7, 2015
August 31, 2015
August 24, 2015
August 17, 2015
August 10, 2015
August 3, 2015
July 27, 2015
July 20, 2015
July 13, 2015
July 6, 2015

June 29, 2015
June 22, 2015
June 15, 2015
June 8, 2015
June 1, 2015
May 25, 2015
May 18, 2015
May 11, 2015
May 4, 2015
April 27, 2015
April 20, 2015
April 13, 2015
April 6, 2015

March 30, 2015
March 23, 2015
March 16, 2015
March 9, 2015
March 2, 2015
February 23, 2015
February 16, 2015
February 9, 2015
February 2, 2015
January 26, 2014
January 19, 2015
January 12, 2015
January 5, 2015

February 19, 2018

ACADEMY OF CULINARY DESIGN The Academy at Seabreeze High School provides an in-depth experience of the Culinary and Hospitality industries. Through classroom labs, off-site volunteer opportunities, and local industry mentors, students gain valuable knowledge, experience, and insight into one of the fastest growing sectors of the economy. The academy uses the Florida Restaurant Association’s curriculum ProStart to provide industry standard training. Additionally, students have the opportunity to earn the ServSafe industry certification. For more information, email Academy Director Meaghan McCracken at memccrac@volusia.k12.fl.us.

COUNTY LABOR INFLOW/OUTFLOW DATA NOW ON FLORIDABUSINESS.ORG – Volusia County’s Division of Economic Development now provides a quick-access source for labor shed commuting patterns on its floridabusiness.org website. U.S. Census “On the Map” analyses of worker movement in Volusia County and each of its municipalities can be accessed simply by using the link http://www.floridabusiness.org/data/employment-inflow-outflow.stml. There, see the number of jobs in your community or how many workers commute in and out each day to support local and area businesses.

BEST STATES RANKING – A new Best States Ranking report from U.S. News & World Report measures outcomes for citizens nationwide. The report ranks health care, education, crime & corrections, infrastructure, opportunity, economy and government for all 50 states. The data behind these rankings was drawn from extensive and reliable governmental and private sources as well as proprietary data including a national survey of what matters most to citizens around the country. Massachusetts ranked #1 overall and Louisiana ranked #50. Florida ranked #24 overall and #7 in economy. For more information, visit https://tinyurl.com/hcym6ys.

U.S. POSTAL SERVICE PASSPORT FAIR Looking to get a passport for the first time or renew an existing one? The U.S. Postal Service will host a passport fair from 7 a.m. to noon Saturday, Feb. 24, at the Daytona Beach Post Office, 500 Bill France Boulevard, Daytona Beach. Appointments are not required but customers are encouraged to show up early, as applicants will be served on a first-come, first-served basis until the applicant maximum capacity has been reached. Passport photos are available on site for $15. In advance of the fair, more information on application forms, fees and how to apply or renew a passport, can be found online at https://travel.state.gov/content/travel/en/passports.html.

VOLUSIA/FLAGLER MEDIAN HOME PRICE INCREASES – The National Association of Realtors reports that 92 percent of the nation’s real estate markets saw median home prices increase over the past year. Twenty six of those markets, including Volusia/Flagler, saw double-digit jumps. Strong demand has lifted Volusia/Flagler area median prices 10 percent over the previous year, and that’s good news for current homeowners. But potential Volusia/Flagler buyers can also celebrate--the median home price of $190,000 is 23 percent below the national average and 31 percent below the northeastern U.S. average.

CENSUS BUREAU CAPITAL EXPENDITURES SURVEY The U.S. Census Bureau has released the Annual Capital Expenditures Survey report for 2016. The survey provides relevant and timely estimates of all non-farm business expenditures during the year for new and used structures and equipment. Overall, U.S. nonfarm businesses invested $1,575.7 billion in new and used structures and equipment, a decrease of $66.3 billion (4 percent) from the revised 2015 total of $1,642.0 billion. The report includes estimates by major industry based on the North American Industry Classification System (NAICS). Report details can be found at https://tinyurl.com/yb8hfmrj.

THE MILLENNIAL POPULATION BREAKDOWN According to the Brookings Institution, a nonprofit public policy organization, the millennial generation-- over 75 million strong-- is America’s largest, eclipsing the current size of the post-war baby boom generation. Millennials make up nearly a quarter of the total U.S. population, 30 percent of the voting age population, and almost two-fifths of the working age population. More than a third of all millennials ages 25 to 34 achieved college educations by 2015, up from less than 30 percent for comparably aged young adults in 2000, and not quite a quarter for those in 1980. Their report also features an interactive map that breaks down the overall millennial population share for the nation’s 100 largest metropolitan areas. To access the report and map, visit https://www.brookings.edu/research/millennials/.

FLORIDA DIVISION OF CORPORATIONS-SUNBIZ The division has a new and improved website for consumers and businesses. The streamlined site offers a more user-friendly format and continues to offer access for record and business searches, managing or changing existing business information, authentications, notaries, filing services, and other resources. Under the “What’s New” section, users will find a quick and easy reference guide to the new site. For more information, visit http://dos.myflorida.com/sunbiz/.

NEWS ITEMS WANTED! - Please send your business news items to Joanne Magley, Volusia County Information Director, at jmagley@volusia.org. If you wish to be removed from this weekly broadcast, please let us know.