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Dark clouds continue to hang over the economy: The manufacturing sector shrank for the fourth consecutive month, construction spending has been falling for more than two years, future orders are down and prices are skyrocketing. ...more
June 3, 2008
TAMPA A new survey puts Florida consumer confidence at its lowest level since the early1990s. ...more
January 29, 2008
The developers of the Towers of Channelside, a pair of 29-story luxury condominiums, filed for bankruptcy court protection Friday, stating that Wachovia Corp. cut off its credit. ...more
January 26, 2008
TAMPA - At least one prominent economist isn't predicting a recession for Florida or the nation this year. ...more
January 23, 2008
The credit crisis all but wiped out fourth-quarter earnings at Bank of America Corp. and Wachovia Corp., but the banks did make some money - something that can't be said for Citigroup and other Wall Street financial firms. ...more
January 23, 2008
More troubling news erupted from the financial services sector Wednesday as Wachovia, PNC and Bank of America warned of bigger-than-expected writedowns and hinted that fourth quarter results could be disappointing. ...more
December 13, 2007
Fannie Mae's third-quarter loss more than doubled to $1.4 billion, the mortgage finance company said Friday, while forecasting industry troubles through 2008 because of mounting home loan delinquencies. ...more
November 10, 2007
The weakening dollar has caused many problems for consumers, but it may also be providing the fuel for one unintended - and very welcome - benefit: a rally in the struggling housing market driven by foreign investors. ...more
November 10, 2007
With Christmas only about eight weeks away, shoppers are feeling more forlorn about the economy than they have since hurricanes Katrina and Rita battered the Gulf Coast two years ago. ...more
October 31, 2007
The shriveled housing market may be a drag on U.S. business activity, but it hasn't stopped it. The nation's service economy, like its manufacturing sector, slowed in September but still saw growth. ...more
October 4, 2007
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