Monday, December 18, 2017
Business

Robert Trigaux: 18 ways to measure Florida's economy

The more diverse ways we measure the economy and compare ourselves to others, the closer we can get to an honest answer to this question:

How are we really doing?

Clearly, Florida and Tampa Bay are on the upswing judging by the ongoing declines in jobless rates. On the other hand, the state poverty rate remains stuck above that of the country as a whole.

There is still much to do. Judge for yourself.

No. 2: National rank of Florida's increase of 14,100 jobs (behind No. 1 Texas) in December.

25: States in December with higher unemployment rates than Florida's 6.2 percent.

17: States in December 2012 with higher unemployment rates than Florida's 7.9 percent.

9.1%: Rhode Island unemploy-ment rate, highest rate of all states.

6.2%: Florida unemploy-ment rate.

2.6%: North Dakota's rate, lowest of all states.

8.8%: Unemployment rate in Palm Coast in Flagler County, highest among larger metro areas in Florida in December.

4.4%: The rate in the Fort Walton Beach-Destin-Crestview metro area in the Panhandle, lowest among larger metro areas in Florida.

6.9%: Florida wage and salary workers who belonged to unions in 2013.

7.3%: Florida wage and salary workers who belonged to unions in 2012.

$19.68: Average hourly wage paid in Florida in May 2012.

$14.72: Median (half make more, half make less) hourly wage paid in Florida in May 2012.

$93.29: Average hourly wage of Florida chief executive officers in May 2012.

$7.93: Florida's current minimum hourly wage.

17.1: Percent of Floridians living in poverty in 2012.

15.9: Percent of Americans living in poverty in 2012.

33: Billionaires living in Florida.

2: Billionaires (Edward DeBartolo Jr. and Ronald Wanek) living in Tampa Bay.

Contact Robert Trigaux at [email protected]

Comments
Tampa International Airport hasn’t suffered an Atlanta-style loss of power, but it has prepared for one

Tampa International Airport hasn’t suffered an Atlanta-style loss of power, but it has prepared for one

TAMPA — Tampa International Airport sees about one-fifth as many passengers as the world’s-busiest Hartsfield-Jackson Atlanta International Airport, but a major power outage here could cause disruptions to air travel here, too.That said, TIA has take...
Updated: 15 minutes ago
Another reason to buy a home in Tampa Bay? Down payments are lower here

Another reason to buy a home in Tampa Bay? Down payments are lower here

Homebuyers in the Tampa Bay area don’t have to shell out as much on downpayments as buyers in many other places. According to ATTOM Data Solutions, the median downpayment for a bay area home in the quarter ended in September was $13,750 compare...
Updated: 2 hours ago

First-Citizens Bank & Trust acquires Tampa-based HomeBancorp

TAMPA — North Carolina-based First-Citizens Bank & Trust Co. is acquiring Tampa-headquartered HomeBancorp, which operates HomeBanc. First Citizens Bank will pay $15.03 per share in cash, a Monday release said, and the deal is expected to close by mid...
Updated: 2 hours ago
Video: Chick fil-A feeds thousands of hungry travelers stranded in Atlanta airport

Video: Chick fil-A feeds thousands of hungry travelers stranded in Atlanta airport

Chick fil-A is normally closed on Sundays, but it made an exception for the thousands who were stranded at Hartsfield-Jackson Atlanta International Airport. The travelers were left in the dark following a power outage that forced cancellation of mor...
Updated: 2 hours ago
St. Pete-Clearwater airport expects holiday parking crunch, so consider arranging a ride

St. Pete-Clearwater airport expects holiday parking crunch, so consider arranging a ride

CLEARWATER — With passenger traffic picking up on Monday and expected to stay strong through Dec. 29, St. Pete-Clearwater International Airport says it could run out of parking spaces, so passengers should consider making arrangements to be dropped o...
Updated: 3 hours ago
Florida gas prices back to pre-Hurricane Harvey levels

Florida gas prices back to pre-Hurricane Harvey levels

Just in time for one of the busiest travel periods of the year, gas prices across Florida are back down to pre-Hurricane Harvey levels. Tampa Bay gas hit $2.30 per gallon today, while state prices averaged $2.37 per gallon, according to AAA, The Auto...
Updated: 6 hours ago
Tampa flights affected as Atlanta airport outage creates holiday chaos

Tampa flights affected as Atlanta airport outage creates holiday chaos

ATLANTA — While power has been restored to the world’s busiest airport, the travel woes will linger for days.Thousands of people were stranded Monday morning at Hartsfield-Jackson Atlanta International Airport, where more than 1,000 flights were gro...
Updated: 7 hours ago

Bitcoin futures begin trading on CME, price little changed

NEW YORK — Another security based on the price of bitcoin, the digital currency that has soared in value and volatility this year, began trading on the Chicago Mercantile Exchange on Sunday. The CME Group, which owns the exchange, opened up bitcoin f...
Published: 12/17/17
Vology landlord challenges property tax assessment

Vology landlord challenges property tax assessment

LARGO — Eight months after paying $10.15 million for the office building that houses IT services company Vology, a New York company is suing the Pinellas County Property Appraiser and Florida Department of Revenue contending its $5.5 million ta...
Updated: 2 hours ago
Fueled by indulgence and machismo, restaurants are a hotbed for sexual harassment

Fueled by indulgence and machismo, restaurants are a hotbed for sexual harassment

When Brenda Terry was 16 and living in St. Louis, she was a host and food runner at a sports bar where female employees wore cute little cheerleading skirts. One night, she said, a patron grabbed her crotch. She ran to her management team and they de...
Published: 12/15/17
Updated: 12/17/17