Weekly Roundup: May 24-28

Share on facebook
Share on twitter
Share on linkedin

Catch up on this week’s top business news here. For daily information, subscribe to our free newsletter, Gulfshore Business Daily, and find archived newsletters at GulfshoreBusiness.com.

 

Friday, May 28

 

Video courtesy of WINK News

HOT REAL ESTATE MARKET MAKING IT HARDER TO FIND RENTALS IN SWFL

A red-hot housing market is forcing people out of their homes as some landlords are selling their valuable rentals, leaving fewer places to rent. The sellers’ market is putting renters in a difficult spot and leaving them with nowhere to go. The housing shortage has sparked a bidding war with some people paying a year of rent in advance, WINK News reports.

 

Thursday, May 27

NAPLES AIRPORT TO BEGIN GENERAL AVIATION TERMINAL REMODEL

The Naples Airport Authority is undertaking an extensive remodel of the General Aviation Terminal at the Naples Airport to enhance the customer experience and first impressions of the community for visitors and returning residents upon landing in Naples. Work on the terminal will begin on May 31. The current General Aviation Terminal closed on Wednesday and is expected to re-open before the Thanksgiving holiday. Naples Aviation, the airport’s sole fixed-base operator, will temporarily operate from the airport’s North Road Terminal (previously the commercial terminal). The Naples Airport Authority will operate out of both the North Road Terminal and the Airport Office Building. The terminal improvements were designed by SchenkelShultz Architecture and are being built by Owen-Ames-Kimball Co. Airport revenues entirely fund the $7.6-million project without any local tax dollars.

 

Wednesday, May 26

SURVEY: FARMING RANKS NO. 1 AMONG INDUSTRIES IMPORTANT TO FLORIDA  

An overwhelming 98% of Floridians consider farming and ranching important, according to the findings of a survey recently conducted among registered voters statewide. During the past year, global trade was disrupted for months at a time but Florida was not without food due to the strength of its domestic food supply. During the survey, when voters were asked if they approve of the job Florida farmers have done to keep grocery stores supplied with fresh food during the pandemic, 93% agreed, including 78% who strongly agreed. In addition, 92% of Florida voters recognized the importance of a domestic food supply to feed Florida families, 90% recognize that Americans depend on Florida for fresh produce during the winter months, and 88% appreciate that Florida farms produce safe, wholesome and sustainable food. Florida farmers contribute $140 billion to the state’s economy each year and support 2 million jobs for Florida families, reports the Florida Ag Coalition.

 

Tuesday, May 25

FLORIDA WITHDRAWING FROM FEDERAL UNEMPLOYMENT PROGRAM ON JUNE 26

The Florida Department of Economic Opportunity announced Monday that the state will end its participation in the Federal Pandemic Unemployment Compensation program, the $300 per week supplemental FPUC payment. It will be effective June 26 as part of DEO’s “Return to Work” initiative, which means beginning June 27, eligible Reemployment Assistance claimants will no longer receive the supplemental $300 weekly FPUC payment. DEO cited April’s labor statistics which show total private-sector employment increased by 18,800 jobs and more than 460,000 online job postings available throughout the state. The federal benefit programs are set to expire Sept. 6, WINK News reports.

 

Monday, May 24

MASKS STILL REQUIRED AT ALL LEE HEALTH FACILITIES

Lee Health is continuing to require staff, patients and visitors to wear a mask inside all Lee Health facilities to protect the vulnerable population and those who either cannot receive the vaccine or may not have a full response to the vaccine due to their condition, the healthcare system states. “Since the start of the pandemic, Lee Health has followed guidance from the CDC on masking and will continue to do so,” Dr. Stephanie Stovall, Lee Health’s interim chief of quality and patient safety, says. The recent updated guidelines on masking for fully vaccinated people do not apply to healthcare settings.” For more information, click here.

 

Don’t be the last to know what’s happening in Southwest Florida. Sign up for our free daily newsletter, Gulfshore Business Daily, to stay connected.

GET SOUTHWEST FLORIDA'S BEST VIEW OF BUSINESS STRAIGHT TO YOUR INBOX.

You May Also Like

Post-high school education on the rise

Little by little, Southwest Florida’s workforce is getting more skilled. The FutureMakers Coalition is an initiative by local leaders to raise the overall education level...

The Economy, the Pandemic and FGCU

The last 18 months have been an economic roller coaster for Southwest Florida. One would be hard-pressed to find any economist or soothsayer who predicted...