Blog

Phoebe Fleming

Recent Posts

Q1 2019 Orlando Economic Update: Threat of a Looming Recession

Posted by Phoebe Fleming on Apr 4, 2019 3:34:52 PM

As quarter one of 2019 ends, one thing seems certain: the current economic expansion will not last forever; the scales will eventually tip in the direction of contraction. Apprehensions about the Federal Reserve’s (the Fed) decision to not raise interest rate coupled with global slowdowns in Europe and China are factors being weighed against the possibility of a recession in the next year. This quarterly economic update examines some key indicators for both the nation and Orlando to watch in the coming months.

Learn More

Topics: Research, Foundation for Orlando's Future

Orlando's Fast Growth in a Category All Its Own. Here's Why. [Context]

Posted by Phoebe Fleming on Aug 3, 2018 3:56:11 PM

Orlando is adding 1,000 new residents a week. In fact, the larger seven-county region has been adding that many people a week for the last 60 years. Pause for a second and do the math. People aren’t just looking to visit Orlando’s world class attractions, they’re putting down roots and taking advantage of all the region has to offer. This may come as no surprise to those who see the construction and investment boom currently happening in Orlando. What might be surprising, however, is just how significant this growth is compared to other major metros across America, as well as how Orlando’s demographics differ from other Florida cities. Turns out, Orlando is in a category all its own when it comes to growth and in-migration; the dynamics of which are explored below.

Learn More

Topics: Research, Foundation for Orlando's Future, Diversity

Orlando is No. 1 for STEM Job Growth [Context]

Posted by Phoebe Fleming on May 25, 2018 10:53:49 AM

Orlando ranks six among Forbes’ 15 Best Big Cities for Jobs in 2018. Forbes cited Orlando’s science, technology, engineering and mathematics (STEM) job growth in recent years as one contributing factor, explaining “Orlando (is) actually now adding STEM jobs at a faster clip than the Bay Area metros”. So how much faster than the rest of the country is Orlando’s tech economy growing? And what is fueling this surge? A quick dive into occupation data reveals answers specific to Orlando’s STEM[1] job growth since 2010.

Learn More

Topics: Rankings, Innovative Technologies, Research, Workforce and Talent, Major Employers

Orlando’s Export Economy and the Impact of Potential Chinese Tariffs [Context]

Posted by Phoebe Fleming on Apr 26, 2018 3:07:19 PM

Threats of increased U.S. tariffs on Chinese goods last month fueled anxiety over a trade war between the world’s two largest economies. Analysis by the Orlando Economic Partnership research team sheds light on the likely consequences of proposed economic sanctions. Due to the Orlando economy’s lack of reliance on exports, any direct decreases in economic activity caused by potential Chinese tariffs would be minimal. More substantial threats to the Orlando region, specifically to tourism and the construction boom, come from U.S. imposed tariffs on steel and aluminum imports.  

Learn More

Topics: Research, Taxes, Foundation for Orlando's Future

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.

Learn More

Topics: Research, Workforce and Talent, Foundation for Orlando's Future

Orlando Ranks No. 1 for Job Growth for the Third Year in a Row in 2017 [Context]

Posted by Phoebe Fleming on Jan 31, 2018 9:19:28 AM

Job creation in 2017 injected a significant chunk of spending money into the region’s economy with projected direct impact of an additional $2.2 billion in annual payroll added by the growing labor force. That spending power is expected to add $3.4 billion to the gross regional product (GRP) and new state and local tax revenue of $236.9 million.

Learn More

Topics: Rankings, Research, Foundation for Orlando's Future

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
Laureen.Martinez@Orlando.org

Subscribe for Email Updates

Recent Posts

Posts by Topic

see all