UWF Office of Economic Development and Engagement

Center for Research & Economic Opportunity (CREO)

Raising the minimum wage appeals to many in the workforce, but what are the risks of raising it too much, too soon?

Phyllis Pooley, director of special projects with the University of West Florida’s Office of Economic Development and Engagement, reviewed a recent study by the University of Washington on the subject and surveyed local labor market data. She discussed her observations with WUWF’s Sandra Averhart.

Sandra Averhart

Recently, the University of West Florida’s Haas Center conducted a survey of Santa Rosa County residents about replacing the county’s courthouse. Whether to replace the building and how to replace it has been a persistent debate over the last few years.

Phyllis Pooley, director of special projects with the UWF Office of Economic Development and Engagement, which works closely with the Haas Center, joined Sandra Averhart to discuss the findings.

Santa Rosa County did not order or fund the survey.

The study focused on two main issues: location and funding.

 Entrepreneurs can take their business ideas from inception to commercialization by participating in the Innovation Awards contest, one of the most lucrative business plan competitions in Florida. Tech and knowledge-based companies that have a promising product or service that can create local jobs can compete for cash prizes ranging from $5,000 to $100,000.

 

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the availability of $5 million in economic development incentives to companies relocating or expanding in Northwest Florida.

“This is part of the $30 million allocation that was appropriated by the legislature several years ago, for the purpose of implementing an economic development program for Northwest Florida,” said Harper that the dollars were initially intended to be used specifically to “close the deal,” with businesses interested in creating jobs in the region.

Daniel Mota

As previously reported the Triumph Gulf Coast Inc., Board of Directors Meeting held their first meeting on August 18, 2015 at the Sandestin Golf and Beach Resort in Destin, FL.

In this week’s Economic Report, Dr. Rick Harper discusses the latest from the U.S. Federal Reserve and other important economic indicators.

The Federal Open Market Committee met this week, as it does every six weeks.

In this week’s Economic Report, Dr. Rick Harper discusses the latest reports on unemployment benefits, job growth, retail sales, and mortgage rates.

According to the U.S. Labor Department, the number of Americans filing for unemployment benefits rose slightly last week, yet remained at a historically low level.

In this week’s Economic Report, Dr. Rick Harper discusses revised tourism figures from the state of Florida, a slowing U.S economy to start 2015, and job prospects for the graduating Class of 2015.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper reviews the latest jobs report and discusses happenings in downtown Pensacola, including the opening of the 2015 season for the Pensacola Blue Wahooos.

The U.S. economy created just 126,000 jobs in March. That number was far fewer than the 245,000 economists had expected.

In this week’s Economic Report, Dr. Rick Harper discusses the 2015 Economic Mobility Conference, the recently released Robert Wood Johnson Foundation County Health Rankings, and his latest economic column on education funding.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the latest jobless claims report, another decline in mortgage rates, fluctuating oil prices, and a new Census Bureau report on the fastest growing cities in the U.S.

“The latest report was good,” said Harper noting that 282,000 people filed initial claims for jobless benefits. “Any time you’re down below 300,000, clearly it’s a good sign for the labor market.”

According to the Labor Department, the number of people applying for unemployment benefits fell by 9,000 last week.

In this week’s Economic Report, Dr. Rick Harper discusses his latest economic column focusing on the earnings potential of University of West Florida and Pensacola State College graduates, Florida’s latest unemployment report, and the benefit of being named a top beach.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the projection for growth for local economies over the next few months and the rise in Pensacola airfares.

The University of West Florida Haas Center is out with a report, projecting that Northwest Florida economies are expected to experience uneven growth through May.

“I think uneven is a good way to put it,” said Harper, noting the Haas Center’s new quarterly Indexes of Coincident and Leading Economic Indicators.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the second installment of the Studer Community Institute’s three part series on education in the Pensacola area.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the Studer Community Institute’s launch of a three-part series focusing on education in the Pensacola area.

Harper is director of the Institute, which is a not-for-profit organization that highlights important issues in the Pensacola community and works towards innovative solutions.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses his recent economic column, in which he details how sales data reflect seasonal ebb and flow of tourist traffic.

“That’s an important issue for Florida,” said Harper. He notes that the central and southern portions of the state, such as Miami, Naples, Sarasota and Punta Gorda, tend to attract their highest level of visitor traffic in the January through March/April time period.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses several recently announced economic developments in Northwest Florida.

In Pensacola, the Institute for Human and Machine Cognition announced that it’s ready to resume the planned expansion of its downtown research facility, after a near year-long delay due to the April 2014 flooding.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper provides analysis of Governor Rick Scott’s recommended education budget, the improving housing industry, and Visit Florida’s “Destination 2020” tourism plan.

In his "Keep Florida Working" budget plan for 2015-2016, Gov. Scott is proposing historic per pupil funding of $7,176, an increase of $50 over the previous record for fiscal year 2007-2008. 

University of West Florida

In this week’s Economic Report, Dr. Rick Harper provides analysis of local job growth during last year, which he details in his latest bi-weekly economics column.

The headline is ‘Pensacola-area job growth was better than expected in 2014.’

“What was really good news is that for the most recent twelve months, we actually saw a 3,400 job increase,” said Harper. That’s an increase of about 2.1 percent, which is slightly above the national figure of 2.0 percent, and a bit below Florida’s rate of 3.0 percent.

University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses the economic outlook for 2015.

“There’s, hopefully, a lot of good things in store,” said Harper.

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