FYI Miami: September 29, 2022


Written by on September 27, 2022

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Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here.

COSTS RISE FASTER HERE: The Miami area showed the third-highest increase in consumer prices over the past year among major metro areas, according to figures from the US Bureau of Labor Statistics. Prices here rose an average 10.7%, far above the national increase of 8.3% in consumer prices for the 12 months ended in August. Nationally, the Phoenix area had the highest increase for the year, 13%, followed by Atlanta at 11.7%. The lowest increase among major metros was 6.6% in the New York metro area, followed by 7.6% for Los Angeles. The increase in the Miami-Fort Lauderdale-West Palm Beach area was 9.3% for all items other than food and energy. The increase of food prices was 10% here, with food served at home rising 11.3% and food prepared away from home rising 7.2%. South Florida’s energy costs increased 17.8% in the year, including a 24.1% rise in gasoline costs, a 33.3% increase in electric costs and 13.4% more for piped gas.
CITY CONTROLS ON MENU: Miami Beach will be able to uphold its right to administer outdoor cafés through contract-based rules starting Oct. 1, thanks to a Miami-Dade County Circuit Court ruling in favor of the city against a group of nine restaurants that brought a legal challenge against the city, following the expiration of the sidewalk café permit ordinance that the city commission repealed in June. Judge Alan Fine upheld that sidewalk cafes are on Miami Beach public property, and that “nothing … created any vested property rights in any of the plaintiffs, and all prior ordinances made clear that the grant of a permit was conditional.” The city has agreements with existing restaurants to continue outdoor dining on public space, according to a press release.
OKEECHOBEE TRAVEL CONSTRICTED: Southbound lanes of Okeechobee Road/US 27 from Northwest 154th Street to Northwest 117th Avenue have been closed nightly for about a month starting this week, with travel reduced to one lane in each direction as the Florida Department of Transportation oversees reconstruction of Okeechobee from the Broward County Line to the Palmetto Expressway. The closure is between 9 p.m. and 5 a.m., the department announced.
GAS PRICE DIPS: Average gas prices in Miami fell 2.7 cents per gallon last week to $3.41, according to GasBuddy. Prices in Miami are 22.1 cents per gallon lower than a month ago but 33.1 cents higher than a year ago. The national average rose 3.2 cents per gallon in the past week to $3.67, down 17.5 cents from a month ago but 49.3 cents higher than a year ago.





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