Total U.S. trade was up 2.79% through May, but trade in South Florida was down 5.32%, according to Coral Gables-based WorldCity, which crunched Census Bureau Data.
A continuing factor in the less-than-stellar South Florida numbers was lower trade in gold as commodity prices for the metal have slumped.
Global trade in the Miami Customs District fell to $47.67 billion through the first five months of 2014, WorldCity found. Exports decreased 6.91% while imports fell 3.27%.
The $10.9 billion all-stock deal forms the nation’s ninth-largest bank, expanding Fifth Third’s footprint across 17 high-growth markets.
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From multifamily to office and redevelopment, this week’s top transactions across the tri-county market.
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The Athletic Brand’s Stock Stumble Sends Warning to South Florida Business Leaders
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Jordan Strum is transforming professional networks through private aviation
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