NEW STUDY SHOWS FLORIDA ECONOMY EXCEEDS REST OF NATION
Living in Punta Gorda, Punta Gorda Business
June 10, 2019
A study by the University of Central Florida Institute for Economic Forecasting finds the Florida economy is outpacing just about every other region in the country. Among the findings:
- Florida’s economy continues to fire on all cylinders. As you will read below, economic growth in Florida continues to exceed that of the national economy and is forecasted to continue doing so over the next several years. Florida’s labor market also continues to outperform the national labor market as unemployment has fallen to levels last seen during the height of the housing bubble. Jobs are plentiful in Florida but workers less so which is continuing to put upward pressure on wages and salaries.
- The fundamentals of the housing market in Florida continue to strengthen. Economic and job growth in Florida are forecasted to continue to outperform the U.S. economy.
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