April 19, 2010

VOLUSIA EXPORTS INCREASE -- The U.S. Department of Commerce, International Trade Administration, has reported that the value of exports from Volusia County for 2008 was $288.4 million. This represents an increase of $20.8 million (7.8 percent) over the same period in 2006. In spite of the current economic downturn, international sales remain a good source of revenue. If you are interested in selling internationally, manufacturers should contact Paul Mitchell at the Volusia County Department of Economic Development at 386/248-8048 or e-mail pmitchell@co.volusia.fl.us for assistance.

EURO TRADE FORUM SET FOR ORLANDO -- The U.S. Commercial Service and the Manufacturing Extension Partnership (MEP) are accepting registrations for meetings with U.S. Embassy senior commercial officers at the First Annual EuroTrade Forum in Orlando May 2 - 4. The forum will feature one-on-one consultations and market briefings with 28 senior commercial officers from U.S. embassies throughout Western and Central/Eastern Europe and Russian regions. For information and registration go to: buyusa.gov/europe/eurotrade.html. The registration deadline is April 23.

AMERICAN ECONOMY GAINS 162,000 JOBS IN MARCH – There was a net rise of 162,000 jobs in the American economy during March, the strongest monthly gain in three years. The gain was slightly below expectations of a rise of 190,000 jobs. However, job data of the two prior months was revised to show 62,000 additional jobs.

SPACE INDUSTRY HAS BIG IMPACT ON VOLUSIA ECONOMY -- More than 250 employees and 67 companies rely on the space industry and produce an economic impact of almost $11 billion per year.

SMALL BUSINESS ASSOCIATION TO HOST 2010 WASHINGTON PRESENTATION -- The National Small Business Association (NSBA) has scheduled 2010 Washington Presentation for May 26 - 27 in Washington D.C. This is an opportunity to meet with lawmakers, hear from policy experts and visit the White House for a high-level briefing. For information and registration go to: http://nsba.secu.net/secure/registration/wpindex.shtml.

WEB SITE PROVIDES SMALL BUSINESS OWNERS INFO ON NEW HEALTH CARE LAW -- The National Small Business Association has re-launched a web site that provides small business owners with critical information on the new federal health care reform legislation. The web site provides answers to frequently asked questions, an implementation timeline, and a comprehensive list of resources. For information go to: http://healthreformtoday.org/index.shtml.

OCEAN CENTER, ANGELL & PHELPS MAKE ‘BEST OF FLORIDA’ LIST -- Two Daytona Beach attractions – the Ocean Center convention complex and Angell & Phelps Chocolate Factory – recently were named to The Official Best of Florida 2010 list spotlighting Florida’s top attractions. The Ocean Center was honored as best meeting and convention center and Angell & Phelps was named best factory tour.

EMBRY-RIDDLE AIR SHOW SCHEDULED FOR OCTOBER – Embry-Riddle Aeronautical University’s Wings & Waves air show is scheduled for October 9 - 10. Up-to-date information is available by going to: wingsandwaves.com.

NEW REPORT AVAILABLE ON FOREIGN INVESTMENT IN FLORIDA -- To learn which Florida industries attract the most direct foreign investment, which countries create the most Florida jobs, and how Florida compares to other states go to: tinyurl.com/efidirectinv for a new report that’s part of the web site eflorida.com.

U.S. EXPORTS TO CHINA ON RAPID RISE – U.S. exports to China have risen 24 percent per year since 2001, making China the fastest growing market for U.S. goods.

NEWS ITEMS WANTED! – Please send your business news items to Dave Byron, Volusia County Community Information Director, 123 W. Indiana Ave., DeLand, 32720-4612, by fax at (386) 822-5072 or by e-mail at dbyron@co.volusia.fl.us.

Department of Economic Development
700 Catalina Drive, Suite 200, Daytona Beach, FL 32114
Telephone:
386-248-8048   FAX: 386 238-4761   Toll Free: 800-554-3801

Phil Ehlinger
Director

doed@volusia.org