U.S. Consumer Sentiment Dips Slightly

Year-ahead inflation expectations increased from 2.8% last month to 3.3% this month, according to the Consumer Sentiment Index by the University of Michigan.

U.S. Asking Rents Decline to 2022 Levels

Florida has two metros with steep rent declines. The Sun Belt overall has built more housing, and in some areas, rents are falling.

Milton Caused Largest Insured Losses in 2024

Hurricane Milton caused $25B in insured losses and $38B overall. Hurricane Helene caused $56B in losses, including $16B in insured losses.

DeSantis Eyes Money for Everglades Projects

State oversight over federal money could advance Everglades restoration more quickly for water quality improvements, the governor said.