Did You Know?

DID YOU KNOW? 2.32 billion customers use FACEBOOK at least once a month. This month Facebook turns 15 years old. Instagram has about 1 million users, and YOUTUBE has 1.9 billion. Facebook has seen its usage among younger Americans decline in recent years but pick up among older generations. (WSJ)
DID YOU KNOW? Ikea will start leasing furniture as it moves to develop "scalable subscription services" to prolong the life of its products. IKEA is opening smaller stores in downtown areas and working to improve customers' delivery and online sales experiences. It plans to open its first smaller, "city center" store in Manhattan this spring. (Financial Times) 
DID YOU KNOW? Florida had the highest level of net domestic migration from July 2017 to July 2018, according to U.S. Census data released in December. New York State had the largest overall population decline, followed by Illinois. Florida also has been steadily creating jobs in recent years, gaining 231,000 jobs in 2018, a 2.7% increase over the previous year, and bringing the unemployment rate down to 3.3% in December. New York Gov. Andrew Cuomo blamed a $2.3 billion state shortfall on the new federal tax law that he said is driving people to leave New York state. One Miami agent claims 90% of all the Florida deals over $10 million were tax refugees. (WSJ)

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