Tom Hudson

The Sunshine Economy
2:46 pm
Mon December 23, 2013

The Reality Of Retail

Owner Lauren Reskin of Miami's Sweat Records.

This program originally aired on Aug. 26, 2013.  

If you've wandered the hallways of the Dadeland or Aventura Malls or walked down Lincoln Road in Miami Beach on a Sunday afternoon, you know shopping in South Florida can be a full contact sport.

South Florida is home to both the biggest outlet mall in the United States (Sawgrass Mills) and the shopping destination generating the highest sales per square foot in the world (Bal Harbour Shops.) The reality of retail is a reflection of two of our most important industries; real estate and tourism.

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The Sunshine Economy
2:20 pm
Mon December 16, 2013

ENCORE: The Sunshine Economy On Agriculture

Credit Tom Hudson

Click play to hear Tom Hudson host this episode of WLRN's ongoing radio and online series, The Sunshine Economy, airing Mondays at 9:00 a.m. on WLRN 91.3 FM.

Squeezed between South Florida's neighborhoods and the Everglades is a multi-billion-dollar-a-year industry. Tomatoes, beans and avocados all sprout from the rocky South Florida soil along with one of the largest nursery industries growing trees, shrubs and other landscaping plants.

Agriculture generates a direct $700 million dollars a year in Miami-Dade County alone. The economic impact of the plowing, growing and picking of those crops is much larger.

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The Sunshine Economy
7:54 am
Thu November 14, 2013

Underwater Real Estate

This chart from NOAA shows the monthly mean sea level in Miami Beach. The data does not include the regular seasonal fluctuations due to coastal ocean temperatures, salinities, winds, atmospheric pressures, and ocean currents. The long-term trend lines are designed by NOAA to indicate a 95% confidence level of the trend.

  

The dream of South Florida real estate is beachside.  The marquee properties along our beaches attract global attention and eye-popping prices.  But as studies from the National Oceanic Atmospheric Administration have found, sea levels in South Florida have risen about nine inches in the past century.  Today's beachside may be the next century's underwater property.

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The Sunshine Economy
6:30 am
Mon November 4, 2013

Joanna's Team Holds Their Own Against Grocery Goliaths

Two generations of Ledermans running Joanna's Marketplace in Miami.
Credit Tom Hudson

Late August 1992 was going to be a memorable time for Joanna Lederman, her husband Alan and sons John and Michael. They had spent the spring and summer getting ready to open a new independent grocery market.  After all the product testing, tastings, employee training, inventory stocking, marketing and other work to get a new business off the ground, they were all set.  

Joanna's Marketplace was going to open for the first time on South Dixie Highway in Miami on August 24, 1992. Then Hurricane Andrew hit South Florida.

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The Sunshine Economy
12:01 pm
Thu October 31, 2013

A Lot Of Dreams Behind New Urban Garden In Dania Beach

An assortment of peppers grown at the Dania Beach urban garden.
Credit Tom Hudson

In the movie Field of Dreams, an Iowan farmer builds a baseball diamond in a cornfield and the ghosts of the disgraced 1919 Chicago White Sox materialize from the stalks.

On a 1.6-acre plot of land in Dania Beach, there's nothing so supernatural taking place. Instead, the community, along with a public-private partnership, have joined together to build an urban garden. They grow vegetables and sell them to neighbors who otherwise have a difficult time finding fresh food near their homes.

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The Sunshine Economy
11:50 am
Mon October 28, 2013

The Sunshine Economy: The Grocery Business

Credit Tom Hudson

Click the play button above and listen to WLRN's hour-long episode, "The Sunshine Economy: The Grocery Business," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. The show airs Mondays at 9:00 a.m. on 91.3 FM.

Would you pay $12 for this jar of pluot jelly?

It's a combination of apricots and plums. Plenty of people are shelling out the $12 for the 10-ounce jar at independent grocery store Joanna's Marketplace on South Dixie Highway in Miami.

This jelly is just one way the small store looks to compete in an increasingly crowded grocery store industry in South Florida.

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The Sunshine Economy
6:30 am
Thu October 24, 2013

Who's Betting On Florida's Gambling Future

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Tourism," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

Legal gambling has brought in millions of dollars to the state of Florida. But it's money that could be at risk if the state does not strike a new casino deal with the Seminole Indians over an exclusive arrangement that limits competition toward certain gambling operations managed by the Native American nation.

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The Sunshine Economy
6:30 am
Wed October 23, 2013

How Brazilians Have Helped Save South Florida Real Estate

Credit FreeDigitalPhotos.net

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Brazil & South Florida," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

The years 2009 and 2010 were dark days for Miami real estate. Home prices plummeted. Mortgages imploded. Foreclosures soared.

And buyers flooded in from Brazil.

Since that time, Brazilians have become the top foreign buyers of homes and especially condominiums in South Florida. As recently as June, the largest number of foreign-based online visitors to the Miami Association of Realtors website came from Brazil. In 2011 and 2012, most international buyers of residential real estate in the Miami area came from Brazil.

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The Sunshine Economy
6:10 pm
Fri October 18, 2013

The Sunshine Economy: Brazil & South Florida

Click the play button above and listen to WLRN's hour-long episode, "The Sunshine Economy: Brazil & South Florida," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. The show airs Mondays at 9:00 a.m. on 91.3 FM.

This week was supposed to bring together the leaders of the largest and sixth-largest economies in the world. Brazil President Dilma Rousseff had been scheduled to make an official state visit to the White House but she called off the trip after it was revealed that the U.S. National Security Administration intercepted emails and telephone calls between herself, her staff and the Brazilian state energy company Petrobras.

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The Sunshine Economy
6:30 am
Thu October 17, 2013

Public Debt On TSE: Counting Up The Dollars And Sense

Credit U.S. Federal Reserve / Truth In Accounting

The debate in Congress over raising the debt ceiling was focused on the $16.7 trillion borrowing limit. That's a huge number that has been increasing rapidly since the Great Recession. The chart above from the U.S. Federal Reserve shows the federally reported public debt jumping from $6 trillion after the 2001 recession to almost $17 trillion this fall.  

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The Sunshine Economy
7:00 am
Wed October 16, 2013

Public Debt On TSE: Lining Up Lenders for Landing

Credit Tom Hudson

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Public Debt," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

The federal government may be partially shut down and flirting with an unprecedented debt default but the Broward County Aviation Department had no trouble borrowing $450 million this month.

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The Sunshine Economy
6:00 am
Mon October 14, 2013

The Sunshine Economy: Public Debt

Credit Tom Hudson

Click the play button above and listen to WLRN's hour-long episode, "The Sunshine Economy: Public Debt," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. The show airs Mondays at 9:00 a.m. on 91.3 FM.

The picture above shows the beginning of a second runway at Ft. Lauderdale-Hollywood International Airport that, once completed, is expected to cost $2.3 billion. The runway is just part of a multi-billion dollar expansion project already underway.

More than half of the project is being paid for with borrowed money. The Broward County Aviation Department will eventually assume $1.5 billion in public debt. Last week, it successfully sold $450 million worth of public bonds to continue the construction project.

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The Sunshine Economy
7:00 am
Fri October 11, 2013

Broward County Isn't Bleeding Jobs Anymore But Hiring Has Stalled

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Public Sector Employment," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

Animals and transportation. Those are two areas Broward County Administrator Bertha Henry says residents would like to expand county services. And while the county has seen its finances improve as the housing market has recovered somewhat, the county is not looking to expand its workforce.

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The Sunshine Economy
7:00 am
Thu October 10, 2013

Why The U.S. Should Pay People To Dig Holes And Fill Them Up To Create Jobs

Prof. Paul Krugman
Credit Tom Hudson

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Public Sector Employment," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

Paul Krugman is a lightning rod for economic criticism. He's used to it. For several years Krugman has argued in his New York Times columns for more government stimulus spending, not less.

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The Sunshine Economy
11:33 am
Wed October 9, 2013

Miami-Dade Mayor: Some County Workers Are Overpaid, Underworked

The view looking south from Mayor Gimenez's office at Government Center in Miami. He has a view of the booming Brickell neighborhood, one of the hottest real estate areas in South Florida.
Credit Tom Hudson

Click the play button above and listen to this segment from WLRN's hour-long episode, "The Sunshine Economy: Public Sector Employment," with host Tom Hudson. The episode is part of an ongoing series examining key industries of the South Florida economy. Shows air Mondays at 9:00 a.m. on 91.3 FM.

Mayor Carlos Gimenez started his career as a government employee in 1975. He's still one today, but with a very different perspective. From a firefighter to mayor of Miami-Dade County, he now leads over 25,000 full-time public sector employees.

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