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Five Major Mistakes When Buying a Business

The one common denominator that most millionaires have is that they own their own business. Owning your own business can be a very financially rewarding experience. The thrill of being the boss and having complete control over your own destiny are the primary reasons people leave the work force to operate their own company. Owning your own business can easily …

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Florida Home Construction Equals Growing Economy

The pace of Florida home construction is more than a positive trend for Florida real estate agents, according to a report from Florida TaxWatch. Housing starts, as a leading economic indicator, provide evidence that Florida is rebounding from the Great Recession. “Floridians are seeing evidence of economic recovery in every corner,” says Dominic M. Calabro, President and CEO of Florida …

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U.S. Economic Growth Slows in First Quarter

The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. Growth slowed to a barely discernible 0.1 percent annual rate in the January-March quarter, the Commerce Department said Wednesday. That …

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Floridians’ Confidence in Economy Remains Flat

Floridians’ consumer sentiment remained steady in April, declining one point to 79, according to a new University of Florida (UF) survey. “The overall consumer sentiment index is remaining relatively flat given the lack of significant economic news,” says Chris McCarty, director of UF’s Survey Research Center in the Bureau of Economic and Business Research. “Here in Florida, the economy remains …

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Unemployment Rate Lowest Since 2008 After April Surge

The U.S. economy added 288,000 jobs in April, taking the unemployment rate to 6.3 percent, the lowest it has been since September 2008. Americans gained the most jobs and at the fastest pace in the last two years, with April being the best month of job creation since January 2012 and the second best since mid-2009, after the economy emerged …