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Area unemployment jumps in 2008
The Jacksonville Business Journal reports that unemployment in our area has risen sharply over the last year. This is in line with statewide and national trends. Most disturbing is that Flagler County now reports an unemployment level higher than 10%… North Florida’s unemployment rate was 6.3 percent in September, down from 6.7 percent August [...]
Continue reading...First Coast lawmakers split on bailout
29. September 2008
Today, in a stunning vote, Congress rejected the proposed economic “bailout” plan by a narrow margin. Republican and Democrats were pretty evenly split, with the final vote being 228 voting against the bill and 205 voting in favor. Locally, First Coast lawmakers were pretty well split. Republican Congressmen John Mica, Cliff Stearns, [...]
Continue reading...Locals protest against bailout amidst House vote-down
29. September 2008
Even as the House of Representatives rejected the $700 billion bailout bill supported by President Bush, a local group protested the measure in grassroots protests on downtown street corners. Here are a few of the protestors waving signs at traffic…
Continue reading...Poll: State of our local economy?
16. September 2008
How do you feel about the state of the First Coast's economy? Strongly favorable! Generally positive. Good, but not great. Slightly worried. Very worried about things. View Results
Continue reading...Fuel prices shouldn’t spike locally
15. September 2008
If you’ve noticed any sort of dramatic spike in gas prices, like a station increasing the price by 50 cents or a dollar, be very aware of what is going on. A great deal of panic has been passed around by people mumbling that gas was going to shoot or $5 or $6 because [...]
Continue reading...Pilot Pen moves HQ to Jacksonville
9. September 2008
Pilot Pen Corporation has announced that they are moving their corporate headquarters from Connecticut to Jacksonville’s Southside. The company already has a large manufacturing and distribution facility in the area, but bringing the national headquarters to Jacksonville will have major positive economic impacts for our city. From the Jacksonville Business Journal… The tax incentive package for [...]
Continue reading...Internal NASA email leaked
7. September 2008
Mike Griffin, NASA head administrator, authored a frustrated email to several other top officials at the nation’s space agency. What was not planned, however, was that the email would leak and be published in the Orlando Sentinel and elsewhere. In the email, Griffin expresses his opinion that the next Administration will be forced to extend [...]
Continue reading...Florida’s economy in serious trouble
3. August 2008
Disturbing economic indicators continue to show Florida slipping into a deep recession, perhaps the worst in 20 years. See the story in the Jacksonville Business Journal… Florida’s economy declined at its sharpest rate in 16 years during the second quarter, and the current downturn likely will exceed the 1990-1991 recession in the state, a Wachovia [...]
Continue reading...JaxDaily interviews Dan Quiggle, State Chairman of Americans for Prosperity
30. July 2008
Dan Quiggle is the State Chairman of Americans for Prosperity, an anti-tax group that recently took on the mayor over a proposed property tax hike to fund the Jacksonville Journey. Quiggle was a candidate for U.S. Congress in 2000, running against Ander Crenshaw in the Republican Primary. He recently took a few moments [...]
Continue reading...Mitsui to arrive six months early
12. June 2008
Mitsui Lines will be arriving in Jacksonville a little bit earlier than originally expected. The press release from JAXPORT… With the arrival of the MOL Vision on July 7, 2008, MOL (Mitsui O.S.K. Lines, Ltd.) delivers world class service to Jacksonville’s burgeoning South Atlantic port six months ahead of schedule. In preparation for the opening [...]
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17. October 2008
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