EDC of South Miami-Dade
Our Job is more Jobs
The life of every community is intrinsically tied to the lives of its residents and businesses.
If a community is to be strong, partnerships must be maintained among business, industry and government working toward a common goal.
Together, the community can achieve successes that no one partner could reach alone.
The Economic Development Foundation of South Miami-Dade has provided the leadership to forge effective alliances among our region’s public and private sectors.
As a unified front, the public / private sectors in Miami-Dade have successfully recruited new business and industry as well as assisted existing business in their expansion plans.
Together we can grow our community.
Become an EDC of South Miami-Dade Inc. Investor Today!
The Economic Development Council of
South Miami-Dade/Miami Dade College
Business Training Program
Classes held at Palmetto Bay Village Center,
18001 Old Cutler Road, Palmetto Bay
The business training program is designed for those who want to start a business, grow a business, or simply sharpen their business skills.
It is sponsored in part by the Office of Commissioner Lynda Bell and in partnership with Miami Dade College Homestead Campus.
Classes: Course Syllabus: (three areas of discipline, nine classes) Starting a Business, Managing a Business, and Financing a Business.
A total of nine classes 90 minutes in length taught by successful, local, community business leaders and academicians.
Register at www.mdc.edu/ce and follow the instructions.
Miami- Dade Economic Reports
4th QTR 2013 Real Estate Report
The housing and commercial real estate markets had another strong year in 2013. Home and condo sales and prices were up year over year. Commercial real estate lease rates were up and vacancy rates were down.
To find out more <<CLICK HERE>>
Analysis of Current Economic Trends: Fourth Quarter 2013
This latest report, released in January 2014, shows continued improvement across the economy with total payroll employment rising; unemployment rates declining; home sales and values increasing.
1st QTR 2014 Labor Market Report
Some key points include:
- Nonfarm payrolls added 28,600 jobs (+2.7%) in the 1st quarter of 2014 from a year ago after seasonal adjustment. The private sector gained 30,300 jobs (+3.3%) while the government sector lost 1,600 jobs ( 1.2%). The strongest gains occurred in construction (+5.7%), manufacturing (+5.4%), retail trade (+5.7%), professional and business services (+3.6%), leisure and hospitality (+3.1%), and financial activities (+3.0%).
The unemployment rate for the quarter decreased 20 basis points (bps) from the 4th quarter last year to 7.2%, after seasonal adjustment. The decline in the unemployment rate resulted from a 1.3% increase in the number of employed residents and a 1.1% decrease in the labor force.
2nd QTR Economic Report
Miami-Dade’s economy in the second quarter was able to maintain positive momentum, with steady private-sector-led improvements in the labor market. Home sales and values rose in the period from January to June, and initial filings of home foreclosures fell for three consecutive quarters. Commercial real estate in industrial, office and stand-alone retail space found occupancy rates and revenues per square foot improving. Consumers continue to show their willingness to increase spending, and businesses spent more on investment goods subject to sales taxes. Despite a reduction in the value of foreign export shipments, international trade from local ports continues to expand and support local economic growth.
Additional information is available at the following web link:
For more information, please contact Mick Jones CEO/Executive Director @ info@EDCSouthDade.com or call 305-378-9470.
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