Survey finds many American workers optimistic about their financial future

Survey finds many American workers optimistic about their financial future - Bank of America announced findings from its 13th annual Workplace Benefits Report, "The Transforming Workplace" (PDF) The report revealed that two-thirds (67%) of employees believe the cost of living is outpacing growth in their salary or wages, compared to 58% in February 2022. Over the last [...]

2023-10-11T17:06:58-04:00Oct. 11, 2023|

Average 401(k) Balances Up Nearly 10% in 2023

Average 401(k) Balances Up Nearly 10% in 2023 Bank of America released its Q2 2023 Participant Pulse (PDF), which found average 401(k) balances increased by $7,250 (9.6%) since the end of 2022.  The report also found that a growing number of 401(k) participants are initiating withdrawals from their plans. The number of participants taking hardship distributions [...]

2023-08-10T07:20:56-04:00Aug. 10, 2023|

75% of mid-sized businesses expect revenue to increase in the next 12 months despite economic challenges

75% of mid-sized businesses expect revenue to increase in the next 12 months despite economic challenges Despite economic challenges, 75% of mid-sized business owners expect their revenue to increase and 71% are planning to hire over the next 12 months, according to the inaugural Bank of America Mid-Sized Business Owner Report (PDF). The study is based [...]

2023-07-27T06:59:10-04:00Jul. 27, 2023|

President focuses on inflection points in the business lifecycle

President focuses on inflection points in the business lifecycle Susan Rabinowitz According to Susan Rabinowitz, Business Banking Market Executive and President, Bank of America Treasure Coast Market, "The Treasure Coast is home to large variety of business sectors, from manufacturing to logistics to a growing presence of industrial warehouses. Each of these businesses [...]

2023-07-06T12:51:14-04:00Jul. 6, 2023|

Survey says 76% of small businesses feel well-equipped to survive a recession

Survey says 76% of small businesses feel well-equipped to survive a recession The majority of U.S. small business owners (72 percent) are concerned about the impact of a potential recession; however, 76 percent are confident their business could withstand the downturn, according to the Bank of America 2023 Small Business Owner Report (PDF). The survey of [...]

2023-05-04T10:31:18-04:00May. 4, 2023|

IRSC hosts discussion on transportation and logistics

IRSC hosts discussion on transportation and logistics The Indian River State College (IRSC) Eastman Advanced Workforce Training Complex will serve as the backdrop on Wednesday, April 5, for a critical discussion about improving the supply chain through new opportunities in transportation and logistics. The event features remarks from Dr. Timothy Moore, President of Indian River [...]

2023-03-24T13:14:47-04:00Mar. 23, 2023|

City of Fort Pierce introduces ‘Freebee’

City of Fort Pierce introduces 'Freebee' There is a new and eco-friendly way to get around Fort Pierce, FL. The City of Fort Pierce and the Fort Pierce Redevelopment Agency collaborated to launch 'Freebee', the city's FREE, on-demand, 100% electric transportation service. The goal of the program is to provide connectivity within the CRA and [...]

2023-03-10T18:53:19-05:00Mar. 9, 2023|

St. Lucie County community makes its mark on the Interstate Commerce Center

St. Lucie County community makes its mark on the Interstate Commerce Center From left, Michael Rem of JBL Development, Fort Pierce Mayor Linda Hudson and Sandra Pabon of Itasca Construction Partners sign the cornerstone of the Interstate Commerce Center. Photo by MaryAnn Ketcham Dozens of dignitaries gathered along Interstate 95 in Fort Pierce [...]

2023-02-16T14:55:13-05:00Feb. 16, 2023|

Downtown Upswing

Downtown Upswing Business is booming in the wintertime at downtown eateries and bars. Cobb's Landing, at the Fort Pierce City Marina, recently added additional seating under the cover of a thatched roof to its waterfront restaurant. The dining area, created by Seminole Tiki Huts, was built in Seminole chickee hut style, with cypress wood framing [...]

2023-02-20T23:59:05-05:00Feb. 15, 2023|

Fort Pierce City Manager’s Report available

Fort Pierce City Manager's Report available   The  January 2023 City Manager's Report is now available. This report provides a monthly overview that includes information from City Departments on various initiatives such as city projects, upcoming events, and more! Through the report, learn about what's going on in the beautiful City of Fort Pierce by [...]

2022-12-29T10:31:33-05:00Dec. 29, 2022|
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