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Industry Focus – Retail: Less Than Six Degrees of Separation

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Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.

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STATE FOCUS: Florida – Let The Sun Shine

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According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2012, retail sales will grow at an average pace of 3.7 By Dominique Cantelme. percent).”.

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Logistics: No Drivers Needed

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For example, the Mercedes-Benz semi-autonomous truck prototype scheduled for release in 2025 has a computer that will not completely replace the driver, but will allow them to do other things inside of the cabin. In its 2017 fiscal year, Nashville International Airport (BNA), the region’s conduit for air travel, served a record-breaking 13.5

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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These ports are reminding cross-country destinations that they can still get containers to them faster over land than it will take the big ships traveling through the Canal to reach East and Gulf Coast Ports. The 50-foot deep container berth was completed in 2012, two years ahead of its original schedule.

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Industry Focus: Logistics – Going With The Flow

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Labor Department forecasts that truck drivers will account for 43 percent of the growth in logistics jobs in the coming years. The 24th Annual State of Logistics Report predicts a continuing plague of overcapacity and rate problems for ocean carriers due to optimistic economic forecasts that led to companies expanding their fleets.

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Feature Story: 2016 Economic Development Awards

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Navagant Research forecasts that the global SGaaS market, estimated at $1.7 Companies that manufacture or produce a product in New Mexico, non-retail service companies that export a substantial percentage of services out of state (50 percent+ of revenues and/or customer base) and certain green industries are eligible.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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With all Kentucky’s advantages combined, automotive production nationally forecast this year to remain at a near-record level, federal fuel economy requirements increasing over the next several years and the aerospace industry growing, the future of Kentucky’s advanced manufacturing industry looks bright. I-80 intersects with U.S.