SUMMARY: Despite rising economic anxiety, UCF economist Sean Snaith forecasts no recession, predicting continued but slower growth amid trade policy uncertainties. Florida’s economy faces potential threats from geopolitics, domestic policies, and hurricanes, yet core sectors like tourism remain strong. By 2028, Florida’s nominal GDP is expected to surpass \$2 trillion, nearly 20% higher than last year. Economic growth rate will slow as the state nears full employment, resulting in modest labor and job growth. Key job sectors with steady growth include education and health services (1.9%), leisure and hospitality (1.5%), construction (1.4%), financial services (1.2%), and government (0.8%). Real personal income growth will average 2.9%, slightly above national rates. Per capita incomes are forecasted to rise across Florida’s metro areas by 6.1% to 10.1% through 2028.

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SUMMARY: With summer expenses rising—vacations, impulse buys, pricey lunches—financial advisor Charles Sachs urges a midyear money checkup. He warns against summer spending traps like online shopping and suggests assessing needs versus wants. In South Florida, transportation costs, especially owning multiple cars, drain budgets, costing around $20,000 yearly. For lunch, meal prepping saves money versus frequent dining out. Sachs’s top tip: use cash instead of cards to avoid overspending. People shared budgeting strategies like tracking expenses, using coupons, and comparing deals. His millionaire advice: save just $5 daily in an interest-bearing account to grow wealth over decades.

CBS News Miami’s Lisa Petrillo reports on how you can save money during the summer.

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SUMMARY: Stephanie Murphy, former U.S. Congresswoman from Winter Park, announced her candidacy for Orange County mayor in 2026, aiming to succeed Mayor Jerry Demings. In a video on X.com, she emphasized smart growth, affordable housing, safe communities, strong schools, and business improvement. Murphy, a Democrat, represented a swing district from 2016 to 2022 and chaired the moderate Blue Dog Democrats. She served on key committees, including those investigating the January 6 Capitol riot, and has a background in national security and business consulting. Murphy, the daughter of Vietnamese immigrants, joins a diverse mayoral field including Tiffany Moore Russell, Mayra Uribe, and Chris Messina. The race is nonpartisan.

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