The Florida Chamber Foundation is set to host its annual Florida Economic Outlook & Jobs Solution Summit, a virtual event featuring experts from various sectors including banking, real estate, and tourism.
According to a recent report by the Florida Office of Insurance Regulation (OIR), insurance reforms backed by the Florida Chamber are showing signs of stabilizing the state's market.
Florida gained a net total of 126,000 residents from other states in 2023, according to the Florida Chamber Foundation's latest State-to-State Population Migration Report.
The Florida Chamber Foundation is set to host the 2024 Florida Transportation, Growth & Infrastructure Solution Summit on December 3 at the JW Marriott Orlando Bonnet Creek Resort & Spa.
The Florida Chamber of Commerce recently released a statewide poll revealing significant insights into the upcoming 2024 general election in Florida. The poll indicates that former President Donald Trump and incumbent Senator Rick Scott are leading their Democratic opponents, while Governor Ron DeSantis maintains strong approval ratings among Floridians.
On Tuesday, the Federal Reserve announced a 0.50 percentage point interest rate cut, its first reduction since March 2020. This cut aligns with the Florida Chamber Foundation’s 2024 economic forecast, which projected a rate cut in the second half of 2024. This larger-than-expected cut, surpassing the 0.25 percentage point drop forecasted by many economists, reflects the Fed’s determination to prevent the U.S. economy from slowing down amid rising concerns over a softening job market. The cut is expected to lead to lower borrowing costs for both businesses and consumers,...
The Florida Chamber of Commerce has announced its third round of legislative endorsements for the 2024 elections. These candidates were selected after a comprehensive vetting process conducted by the Florida Chamber Political Institute, which involved interviews with over 100 candidates across five cities over six weeks. More than 80 business organizations participated in this process.
OSHA has introduced a proposed rule titled “Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings.” This rule seeks to establish consistent, nationwide standards to protect workers from the dangers of excessive heat. It addresses a wide range of industries, including construction, agriculture, hospitality, manufacturing, and local government. For businesses in Florida, understanding this rule is crucial because it outlines specific requirements that may directly impact daily operations.
The National Council on Compensation Insurance (NCCI) has filed proposed workers' compensation rates for 2025, citing a reduction in both the frequency and severity of claims as key factors influencing this year's rate filing. This improvement is attributed to employers’ ongoing commitment to enhancing workplace safety and advancements in technology, which have collectively reduced workplace injuries and facilitated quicker return-to-work processes for employees.
Today, the Florida Chamber Foundation released its 2024 Florida Business & Economic Mid-Year Report, an analysis of local and national economic data impacting the way Florida conducts business. This annual mid-year report aims to inform Florida leaders about the state's economic conditions, guiding them through the remainder of the year as they plan and budget for 2025. While Florida is creating one in every eleven new U.S. jobs and adding approximately 750 net new residents daily, focusing on key areas will help maintain this momentum.
Florida's economy is marked by notable achievements, including substantial investments in infrastructure, workforce development, and a business-friendly environment under Gov. Ron DeSantis. These factors contribute to Florida's leading position in job growth, low unemployment rate, and high rate of new business formations. Additionally, the state ranks as the number one destination for net in-migration due to its favorable economic conditions and quality of life.
The Florida Chamber Safety Council has introduced a new platform aimed at enhancing workplace heat safety for employers. This comprehensive toolkit includes resources such as heat stress prevention strategies, real-time weather monitoring applications, and continuing education and training opportunities.
Florida is sending 46 athletes to the 2024 Olympic Games in Paris, representing a diverse array of sports. These athletes hail from various cities across the state and will compete in events ranging from track and field to swimming.