
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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A strike by longshoremen could be "scary" if it stretches more than a few days, said one of PortMiami's biggest container customers.
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Raphael Bostic, the regional Federal Reserve president, said Monday he’s been surprised at how fast inflation and the job market have slowed in just the last few months.
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The lowest county unemployment rates in the state are here. The lowest is in the Keys followed by Miami-Dade County.
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The number of condos sold in August fell by double digits compared to a year ago as thousands more condos hit the market looking for buyers, according to data compiled by the Miami Association of Realtors.
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For the first time in more than four years, the Federal Reserve cut its key interest rate Wednesday. The move is good news for buyers who can qualify for a mortgage. But the ultimate impact on South Florida's housing may be muted - while the condo market faces more challenges than just borrowing costs.
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Inflation keeps slowing in South Florida. Consumer prices rose 2.6% in August, the slowest annual increase in three years.
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Sunrise Mayor Mike Ryan called on state lawmakers to fix condominium association reforms before they take effect. "We're preparing for what is, we feel, a potential Category 5 economic storm," he told WLRN.
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The Federal Reserve may be poised to cut interest rates for the first time in more than two years. Critics worry it may reinvigorate inflation.
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In 2017, Miami voters okayed borrowing $400 million for floodwater protection, roads, parks, public safety and affordable housing. The city started spending the money a year later, but it only started selling the Forever Bonds to investors this June — and it did not go as planned.
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The latest data shows a mixed bag for residential real estate in South Florida. Single family home and condo prices went up from a month earlier in Miami-Dade County – but down in both Broward and Palm Beach counties.
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Voter turnout fell to its lowest level in a decade during Florida's 2024 primary elections. Most of those who did vote cast their ballots before Election Day itself.
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There are more realtors in Florida than any other state. And more in South Florida than any other region. They now have some significant new rules thanks to a massive national legal settlement. Here is what you should know as a buyer or seller.