ADP

University of West Florida

In this week’s Economic Report, Dr. Rick Harper shares details from the November 2014 jobs report, updates the holiday shopping season, and reviews the summer tourism season in Northwest Florida.

The latest report from the U.S. Bureau of Labor Statistics, released Dec. 5, shows that employment rose by 321,000 in November, compared with an average monthly gain of 224,000 over the prior 12 months.

University of West Florida

  In this week’s Economic Report on WUWF, Dr. Rick Harper discusses data on this year’s Black Friday and Cyber Monday holiday shopping days, what's projected in the latest jobs report, and the hiring of a new economic development coordinator at the Haas Center.

In taking a closer look at Black Friday, holiday weekend sales dropped by eleven percent, relative to last year. The projection had been a growth in sales of 9-11%. Cyber Monday sales rose 8%.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses this year’s ITEN Wired Regional Technology Summit. The event, taking place October 2-3 in Pensacola, is aimed at fostering local economic development efforts surrounding innovation, technology, and entrepreneurship.

“It’s an exciting event,” said Harper, noting that this is the eleventh year for the conference, which is sponsored by the Greater Pensacola Chamber of Commerce.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses job growth for the month of August.

This week, just days before the official U.S. Labor Department report, the payroll processing firm ADP (Automated Data Processing) released a report projecting that some 200, 000 new jobs were added in August.

“That’s a little bit lower than the consensus forecast by economists who track the job market,” says Harper.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses more signs of a strengthening economy on a national level.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses Florida Governor Rick Scott’s proposed 2014-2015 budget, as this year’s Legislative Session gets underway. Gov. Scott is proposing a spending plan of $74.2 billion.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the proposal by the U.S. Air Force to reduce its active-duty force by 22,500 or 7 percent in 2014. The more aggressive one-year reduction plan compares to previously announced plans to reduce the force by about 25,000 over five years.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the proposal by the U.S. Air Force to reduce its active-duty force by 22,500 or 7 percent in 2014. The more aggressive one-year reduction plan compares to previously announced plans to reduce the force by about 25,000 over five years.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses issues related to poverty, on the 50th anniversary this week of President Lyndon Johnson’s 1964 declaration of “War on Poverty.”

WUWF

In this week’s Economic Report, Dr. Rick Harper discusses the third quarter Gross Domestic Product, which reflected an increase of 2.85 percent, stronger than the second quarter GDP estimate of 1.9 percent. 

Harper credits the increase with growth in inventory investment and in structures and residential investments.

Additionally, payroll provider ADP reports that Florida’s growth in private sector jobs has slowed to about 8500 jobs in September.  Harper says that’s still short of pre recession levels of about 13,000 new jobs per month.