ECONOMIC TIME MACHINE
Broward’s unemployment drop hits a record pace
The jobless rate has been on relatively fast decline recently, according to new federal data.
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The jobless rate has been on relatively fast decline recently, according to new federal data.
South Florida’s labor market continues its slow path toward recovery at the start of 2012.
The private sector had a decent run on hiring, but the public sector is heading the other way on the hiring front.
New import statistics show Brazil has roared ahead as a major source of art and antiques in South Florida.
South Floridas worst recession may be over, but the damage lingers. Economists think 2012 will finally bring a decent recovery.
The Miami Herald’s Economic Time Machine launched nearly a year ago with one mission: track South Florida’s recovery from the Great Recession. Each month, we crunch more than 10,000 bits of local economic data to see how current conditions compare to where they were before the downturn.
A housing bust made this recovery far harder than the one in the early 80s, when home building quickly bounced back.
National dealership based in Fort Lauderdale is selling almost 20 percent more vehicles than a year ago.
Floridians felt happiest about their finances way back in 2000, and the gloomiest days came after the stock-market crash of 2008. But optimism has made a rebound.
Miami and Phoenix are the stand-outs in a disappointing housing report from December. The bad news about the good news: property values still down 3 percent from last year.
The latest University of Florida reading on consumer confidence shows sustained optimism. Just like last year. Then the state went into the dumps.
Washington’s housing-price index shows the first winning streak for South Florida in roughly five years.
The recession didn’t last long in Miami-Dade’s restaurant industry. Taxes are soaring above past peaks.
Imports and exports continue hitting record numbers, though a new gold rush skews the stats a bit. South Florida cargo levels still chasing past highs at the ports.
If this recovery isn’t going fast enough for you, don’t blame tourism. Construction, on the other hand...
A look at how South Florida’s economic rebound at the end of President Obama’s first term compares to the end of Ronald Reagan’s first term.
The number of South Floridians filing for their first unemployment checks continues to plunge. But the levels are still disturbingly high compared to years when the economy was healthy.
December brought another record for hotel tax collections in Miami-Dade, but the roaring growth of 2011 may be tapering off.
A look at taxable sales when the Big Game to South Florida shows no big bump in spending. Super Bowl did score some touchdowns with hotel taxes, though.
Even if unemployment rises nationally with today’s report, it’s bound to land much lower than Miami-Dade’s double-digit jobless rate. Broward is more a mirror of the national hiring market.