Wage growth: to be or not to be [Orlando Context]

Posted by Phoebe Fleming on Mar 16, 2018 12:16:47 PM

America may be getting a pay raise. New data released by the Bureau of Labor Statistics (BLS) in February suggest that Americans are at last seeing their wages rise at a healthier rate since the 2008 recession. Posting 2.9 percent year-over-year wage growth in January 2017, the BLS Employment Situation report painted a picture of a sturdy job market with wage gains, record low unemployment rates, and minimal changes to the number of people working part time for economic reasons.

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Topics: Research

Lockheed Martin builds new research and development facility in Orlando

Posted by Amanda Roche on Mar 12, 2018 5:01:53 PM

Lockheed Martin has found success in the Orlando region for decades by partnering with educational institutions. Orlando’s steady pipeline of aircraft and aerospace engineers from one of the nation’s first technical schools combined with Florida’s friendly business climate has given Lockheed Martin a competitive advantage and enabled the company to win numerous major U.S. defense contracts.

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Topics: Projects, News & Media

Johnson & Johnson Human Performance Institute to Expand with New HQ in Orlando

Posted by Laureen Martinez on Mar 2, 2018 11:29:07 AM

The Johnson & Johnson Human Performance Institute will expand its footprint in Orlando’s Lake Nona community with the construction of a new global headquarters. The $18 million state-of-the-art campus will house the Human Performance Institute's multidisciplinary training center and serve as the global hub for continuing research and development into science-based approaches to improve human energy capacity for performance, resilience and leadership. The company will create 25 new, high-wage jobs. Construction on the facility will be completed by the end of 2018.

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Topics: Projects, Life Sciences and Healthcare, Corporate Headquarters and Regional Offices, News & Media

BRIDG gaining momentum with new partnerships

Posted by Amanda Roche on Feb 23, 2018 8:51:02 AM

As one of the world’s most versatile microelectronic fabrication facilities, BRIDG is gaining new strategic partners including Siemens, Massey Services and Face® International Corporation.

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Topics: Advanced Manufacturing, News & Media

Orlando ranks No. 7 best-performing city by the Milken Institute

Posted by Dale Brill on Feb 16, 2018 10:37:47 AM

The Milken Institute recently ranked the Orlando metropolitan area seventh among large cities in the United States reflecting an improvement of two spots from last year. The region performed particularly well in the job and wage growth categories with employment rising by over four percent from 2015 to 2016 and wages surging by nearly eight percent from 2014 to 2015.

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Topics: Rankings

Why KPMG and USTA built a home in Orlando's Lake Nona

Posted by Amanda Roche on Feb 14, 2018 10:52:38 AM

Located just ten minutes from Orlando International Airport sits Lake Nona, one of the nation’s fastest growing communities on a mission to support holistically healthy living. Lake Nona encompasses over 13,000 residents and more than 10 million square feet of residential and commercial facilities, including the University of Central Florida (UCF) College of Medicine and Nemour’s Childrens Hospital.

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Topics: Economic Development

News & Media Resources

The PR team at the Orlando Economic Partnership is your source for business news in Orlando, providing you with story ideas about trends, people and companies; statistical information and background; offering expert sources; and connecting you with community leaders.

Media Contact: Laureen Martinez

Senior Director, Marketing & Communications
P/ 407.422.7159 x204
C/ 407.242.3982

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