Tom Hudson

Miami

Senior Economics Editor and Special Correspondent at WLRN-FM (Miami, FL)

Journalist, financial broadcaster, syndicated columnist, news manager. Paddling through the river of information in search of meaning.

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Articles

South Florida’s unemployment rate rises slightly in May

1 week ago | wlrn.org | Tom Hudson

South Florida’s unemployment rate inched up just a little bit in May compared to the month before. Last month’s regional jobless rate was 3.1%. That's up from 3% in April. Hiring was pretty steady across different businesses, according to the data released Friday by the state Department of Commerce. The regional retail industry lost the most jobs in May and tourism hiring was essentially flat.
Who are the highest paid CEOs in South Florida?

2 weeks ago | wlrn.org | Tom Hudson

It seems appropriate that the highest paid CEO in South Florida runs a company making air conditioners. Carrier Global CEO David Gitlin received $65 million in total compensation last year, making him the highest paid chief executive officer among publicly traded companies headquartered in Florida. Carrier is based in Palm Beach Gardens and makes air conditioners, furnaces and refrigeration units.
Florida consumer inflation increasing faster than previous months

2 weeks ago | wlrn.org | Tom Hudson

Some Floridians saw overall prices creep up last month. Consumer inflation in the Tampa region was up 2-point-6 percent in May compared to a year ago. That is a faster increase in prices than in March. WLRN’s Senior Economics Editor Tom Hudson said the price trends indicate inflation remains a little high for most shoppers. "Increases in food and housing costs ate up whatever savings people experienced thanks to cheaper gasoline prices in April and May.
A Venezuelan couple has 'nowhere to go' after a decade adrift in the U.S. immigration system

2 weeks ago | ctpublic.org | Tom Hudson

On Sean and Michelle's living room wall is an enormous painting of a sailboat. The boat is perched on top of a huge wave of blue and white that appears to be ready to collapse around the boat. The painting might as well represent this moment in time for Sean and Michelle and their immigration journey in America. On a wall leading into their kitchen hangs a homework assignment by their elementary school-aged child. It is a handwritten note about their summer plans.
A Venezuelan couple has 'nowhere to go' after a decade adrift in the U.S. immigration system

2 weeks ago | wlrn.org | Tom Hudson

On Sean and Michelle's living room wall is an enormous painting of a sailboat. The boat is perched on top of a huge wave of blue and white that appears to be ready to collapse around the boat. The painting might as well represent this moment in time for Sean and Michelle and their immigration journey in America. On a wall leading into their kitchen hangs a homework assignment by their elementary school-aged child. It is a handwritten note about their summer plans.
Challenges ahead after a record-breaking year for Miami-Dade tourism

3 weeks ago | kbindependent.org | Tom Hudson

Last year was another record year for tourism in Miami-Dade County. Over 28 millionpeople visited the county in 2024. That represents one in five tourists to Florida who spent some of their trip in Miami-Dade. The Greater Miami Convention and Visitors Bureau announced its annual data on Thursday. Tourists from other states increased 2%. The county hosted 4% more international tourists compared to a year earlier. Colombia was the top origin for foreign tourists to Miami-Dade County.
Challenges ahead after a record-breaking year for Miami-Dade tourism

3 weeks ago | wusf.org | Tom Hudson

Last year was another record year for tourism in Miami-Dade County. Over 28 million people visited the county in 2024. That represents one in five tourists to Florida who spent some of their trip in Miami-Dade. The Greater Miami Convention and Visitors Bureau announced its annual data Thursday. Tourists from other states increased 2%. The county hosted 4% more international tourists compared to a year earlier. Colombia was the top origin for foreign tourists to Miami-Dade County.
Challenges ahead after a record-breaking year for Miami-Dade tourism

4 weeks ago | wlrn.org | Tom Hudson

Last year was another record year for tourism in Miami-Dade County. Over 28 million people visited the county in 2024. That represents one in five tourists to Florida who spent some of their trip in Miami-Dade. The Greater Miami Convention and Visitors Bureau announced its annual data Thursday. Tourists from other states increased 2%. The county hosted 4% more international tourists compared to a year earlier. Colombia was the top origin for foreign tourists to Miami-Dade County.
Can South Florida's commercial real estate market moderate without breaking?

1 month ago | wlrn.org | Tom Hudson

South Florida has weathered a storm that has wreaked havoc in San Francisco, Chicago and New York. The value of some office buildings in those central business districts has plummeted in recent years as companies made hybrid work permanent, vacancies increased and higher interest rates made refinancing mortgages more expensive. But Miami, Fort Lauderdale and West Palm Beach have not experienced those same challenges.
'Real pain' in the South Florida condo market while home prices hold steady

1 month ago | wlrn.org | Tom Hudson

Condo sales fell sharply across South Florida in April even as median prices held steady thanks to newer and more expensive units. The number of existing single family homes that sold last month also fell from the pace a year ago, according to monthly data from the Miami Association of Realtors. However, home prices increases have outpaced more volatility in condo prices.