In this week’s Economic Report, Dr. Rick Harper discusses the latest report from the International Monetary Fund (IMF) projecting economic growth for 2014.
“It’s down somewhat...and a little disappointing” says Harper, noting IMF’s world GDP growth forecast of 3.4 percent for the remainder of the year. That's a little better than the 3.2% the world economy managed in 2013. However, their April forecast had been 3.6%. “So it’s a slight slowdown and we’re seeing that in a couple of different countries.”
Three months after losing its building and most of its inventory to April's flood Manna Food Pantries is set to resume service later this month. Dee Dee Flounlacker, Executive Director of Manna Food Pantries announced that service will resume on Monday, July 28 just a few days short of the three month anniversary of the flood.
After months of preparation, the Greater Pensacola Chamber of Commerce is ready to launch a separate agency for economic development. Among other things, it gets the Chamber out from under Florida’s Sunshine Law.
Chamber President Jerry Maygarden proposed the separation last year and on Monday, the chamber’s Board of Directors approved it during a special meeting. The Pensacola-Escambia County Promotion and Economic Development Commission is an independent 501(c) entity, much like the tourism promoter Visit Pensacola.
Nobody has a good time at the emergency room. And time after time, one of the mosts consistent complaints ER patients have had is the long wait to see a doctor. Now, there's a new trend that is spreading to hospitals nationwide: waiting for you emergency room visit at home.
The Pensacola City Council and Escambia County Commission hosted a stormwater symposium Friday morning, with both promising to cooperate on ways to control flooding. The session was held before a packed room at the Pensacola Bay Center.
Torrential rainfall in late April totaled 27 inches in the Pensacola area in a 24-hour period. The resultant flood caused massive damage to roadways – including four parts of Scenic Highway that were washed out. Flooding also swamped some businesses downtown.