
Tom Hudson
Senior Economics Editor and Special CorrespondentTom Hudson is WLRN's Senior Economics Editor and Special Correspondent.
Hudson's extensive reporting on South Florida's economy has taken him from the waters of Florida Bay to the depths of the PortMiami tunnel (and countless offices and conference rooms). He has interviewed bartenders and bankers, caregivers and CEOs to report on the people behind economic statistics.
He began his business reporting career in March 2000, just weeks after the dot-com bubble burst. He has reported from the trading floors of the CME, Chicago Board Options Exchange, NASDAQ and New York Stock Exchange. He previously served as Vice President of News at WLRN when he created and hosted The Sunshine Economy for 10 years. He was managing editor and co-anchor of Nightly Business Report on PBS.
Hudson is married with two sons and advises every bicycle rider to always wear their helmet.
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Citizens cannot sell insurance to homes with replacement costs over $1 million in Miami-Dade and Monroe counties. A new bill would increase that limit to cover more higher-priced homes.
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The new year was off to a messy start for South Florida condo sales. Palm Beach County was a small bright spot. Home prices kept climbing to new records, though.
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Raphael Bostic admits a certain amount of uncertainty is always present in the job market and with inflation. But in his quarterly message he called uncertainties these days “manifold.”
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President Trump has pledged to reform FEMA, while suggesting it should be done away with. Two Floridians who used to lead the agency told WLRN they support the process — but caution federal emergency management is needed. Few states have as much at stake as Florida.
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Amtrak was included in the $1.7 billion vision to bring transit options together in a central location connected to MIA. Why it decided against bringing its trains to the MIC exchange after over 15 years of planning, even after millions were spent in adaptations specifically for them, has not been clear.
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For the tens of thousands of homeowners in South Florida who rely on Citizens Property Insurance to cover their homes, Gov. Ron DeSantis' announcement of lower rates came as long hoped for relief last week. But WLRN's senior economics editor Tom Hudson explains there are also other factors at play when it comes to insurance premiums.
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South Florida doesn't do a lot of import and export with Canada, but more than 1 million Canadian tourists visit the region each year. Florida oranges are also a big import for Canada.
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Tons of sargassum — seaweed — is floating far out in the Atlantic Ocean. It could begin coming ashore in the spring.
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The regional condo market is trying to find some equilibrium as it deals with financial reforms. The number of South Florida condos sold in December continued falling, but at a slower pace than past months. Median prices for single family homes hit new records in Miami-Dade County.
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UPDATED: South Florida is a top destination for imports from Colombia, including the big business of flowers ahead of the holiday. But a lightning trade war between the two nations that erupted on Sunday appeared to have been averted overnight.
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Affordability, not armageddon, is how Miami-Dade County's new property appraiser describes his plan to use climate vulnerability when assessing property values.
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Amtrak was first scheduled to start offering train service at MIA beginning in 2016, but in late December, it sent a letter to the Florida Department of Transportation saying it will not bring passenger trains to the station.