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• As Florida’s annual legislative session gets underway, economic analyst Hank Fishkind predicts that a fight over the budget is likely to dominate the proceedings.
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• U.S. population growth has slowed according to the latest census data, driven in part by a 50% drop in international migration.
Economic analyst Hank Fishkind tells 90.7’s Matthew Peddie the slowdown in growth is surprising, and will have an impact on Florida’s economy.
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• Florida’s economic outlook for 2020 is good but not great, according to economic commentator Hank Fishkind. He tells 90.7’s Matthew Peddie that slowing domestic migration and tourism are worrying signs for the economy.
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• Last week the Florida Supreme Court approved a proposed constitutional amendment to be included on the November 2020 ballot. If approved by 60% of the voters it would raise Florida’s minimum wage to $15 an hour from its current level of $8 and 56 cents an hour. Economic analyst Hank Fishkind sits down with 90.7’s Matthew Peddie to explain the economic impact of a higher minimum wage.
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• Single family home sales in Florida rose more than 5% in October compared to the same month last year, and the median price also went up more than 3.5%. Economic analyst Hank Fishkind tells 90.7’s Matthew Peddie that he expects more of the same for the next six months, even with some Brexit related uncertainty on the horizon.
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• Economic analyst Hank Fishkind says the latest studies indicate that it will cost in excess of $75B by 2030 to provide infrastructure to protect Florida against sea level rise and to allow the state to continue operating more or less as it does today. He tells 90.7’s Matthew Peddie sea level rise is a concern for residents of inland areas like Orlando, too.
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• New data from the Census Bureau shows U.S. mobility rate has fallen to its lowest level since 1948. The sharp slowdown in migration in the U.S. is cause for concern, especially for Florida’s economy.
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