UCF Florida & metro forecast: State economy will outpace U.S. Spurred by rising job growth and home construction, Florida’s economy is expected to continue to grow at a faster pace than the national forecast.
Expect Florida’s economic growth in 2015 to outpace the nation’s and Marion County’s expansion to ouptace most of the state’s other metro areas. 2015 economic forecast is rosy for Marion County.
As the region’s largest population center, metropolitan Orlando tends to set the standard. For 1994, the city’s nonagricultural employment is expected to outpace the state’s and. industrial park.
The Institute for Economic Competitiveness was created to foster a relationship and forum among academia, business, and government, and aims to expand public understanding by convening business leaders, scholars, policy makers, civic groups and media to discuss critical issues. The Institute publishes economic forecasts every quarter and provides analysis of the economic impact of current.
From 2016-2019, Florida’s economy, as measured by Real Gross State Product, is expected to expand at an average annual rate of 2.9 percent through 2019, outpacing the projected average for U.S. real Gross Domestic Product growth for the same period.
The experts were wrong when they forecast drastic changes in Americans’ behavior when gas reached $2 a gallon less than two years ago. Comparisons to 1981, for example, would be risky owing to the.
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