On the Economic Scene

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

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

August 13, 2018

VMA TO PRESENT LEAN MANUFACTURING WORKSHOP This important Legos for Lean Manufacturing workshop on operational excellence guides participants from a traditional manufacturing environment to a lean, world-class enterprise. It takes place from 8 a.m. to 4 p.m. Tuesday, Sept. 25, at LPGA International, 1000 Champions Drive, Daytona Beach. By implementing lean principles, a company can improve efficiencies, increase profitability, and provide customers with high-quality products at competitive prices. The advantage of using a simulation process, a tried and tested learning principle, can dramatically shorten the learning curve for many organizations and their employees. Space is limited. To register, contact Jayne Fifer at 386-212-4003 or Jayne.fifer@VMAonline.com. For more information, visit www.VMAonline.com.

POSITIVE TREND CONTINUES IN U.S. INDUSTRIAL FIGURES – According to recently released capital markets research by CBRE Inc., the U.S. industrial and logistics (I&L) sector continued to demonstrate strong fundamentals in Q2, with 58.8 million square feet absorbed versus 48.9 million square feet delivered. Net asking rents increased 1.7 percent in Q2 to $7.11 per square foot – the highest level since CBRE began tracking the metric in 1989. The major drivers of supply-chain demand – consumer spending, business inventories and industrial production – all showed measured growth in Q2. For more information, go to https://tinyurl.com/y8jfxzfw

TEACHING, EDUCATION AND LEARNING ACADEMY The academy at Atlantic High School allows students to explore a career that needs them now more than ever – teaching! Students take coursework related to teaching theory, practice and early childhood development. Contact Academy Director Carli Bryan at cdlucia@volusia.k12.fl.us or Linda Schultz at ldschult@volusia.k12.fl.us.

ENTERPRISE FLORIDA TRADE EVENT: MEXICO AEROSPACE SUMMIT – Take part in the summit from Aug. 16 to 17 in Querétaro, Mexico. Mexico's manufacturing industries are growing significantly in the aerospace field. The Mexico Aerospace Summit will match potential buyers and suppliers in pre-arranged, one-on-one private meetings. The program will allow participants to identify new potential business partners, request meetings based on their choices, and hear from industry experts about the opportunities in Mexico's aerospace industry value chain. Contact Ana Arroyo, Enterprise Florida Mexico Office, at enterprisefloridamexico@negocios-internacionales.net.

STUDENT LOAN DEBT As recently reported, student loan debt in the U.S. now totals more than $1.5 trillion. According to The Institute for College Access and Success (TICAS), students in the Northeast have the heaviest burdens. For example, nearly 75 percent of college graduates in New Hampshire have outstanding student loans and owe an average of $36,367 – the highest rate in the country. The TICAS report breaks down the percentage of students carrying undergraduate student loan debt and the average amount each graduate owed in every state (with the exception of North Dakota, due to insufficient data). According to TICAS, Utah has the lowest average rate of student loan debt in the U.S. at $19,975. Visit https://ticas.org/posd/home to learn more.

AAA STUDY: 1 IN 5 FLORIDIANS PLAN TO MOVE THIS YEAR According to data released last month by the AAA -The Auto Club Group, nearly one in five Floridians (19 percent) indicated they plan to move within the next year. This comes out of the AAA Consumer Pulse™ survey, which found the majority of residents (53 percent) to be planning their move for the spring (April through June) or summer (July through September) season. The survey was conducted online among residents living in Florida from April 4 to 27. For details, go to https://autoclubsouth.aaa.com/safety/media.aspx and click the link to the AAA Study press release for July 26.

PIONEER TRAIL SOLAR ENERGY CENTER As reported in Solar Power World, Florida Power & Light (FPL) has announced the start of construction of its four newest solar power plants in the state. This includes the FPL Pioneer Trail Solar Energy Center in Volusia County, located south of State Road 44 between Interstate 4 and Tomoka Farms Road. The solar plant will have a capacity of 74.5 megawatts and is expected to be operational by early 2019. Today, FPL operates 14 major solar power plants and more than 200 smaller solar installations, totaling more than 935 megawatts of universal solar capacity currently powering customers.

MOBILITY WEEK – FDOT's Mobility Week, successfully launched in 2016, is an annual collection of outreach events intended to bring attention to safe multimodal transportation choices. During Mobility Week, cities, counties and transportation partner agencies host events to promote transportation choices, highlight transportation achievements, and roll out new initiatives and policies. Mobility Week is also an opportunity to explore various transportation choices available to us. The third annual Central Florida Mobility Week is being planned from Oct. 27 to Nov. 3. To learn more, visit http://fdot.gov/projects/mobilityweek/.

WHERE STATES GET THEIR MONEY Taxes and federal funds together account for 80.9 percent of revenue for the 50 states. Taxes are the largest revenue source in 45 states, while federal funds are greatest in five. Pew Charitable Trust has provided an infographic that displays a breakdown of each state’s revenue by major categories. To view the infographic, visit https://tinyurl.com/ybj6dvnc.

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.