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UCF Florida & metro forecast: State economy will outpace U.S.

The growth and strength of Florida’s economy is expected to outpace the national economy through 2022, predicts national economist and University of Central Florida faculty member Sean Snaith in his latest Florida & Metro Forecast report released today.

Nominal Gross State Product is expected to break the $1 trillion mark in 2018, according to the Florida & Metro Forecast, and climb to $1.074 trillion in 2019. This level today would make Florida’s economy the 16 th largest in the world, as ranked by the World Bank.

business Florida’s Economy Projected To Hit $1 Trillion In 2018 The University of Central Florida anticipates Florida’s economy will grow faster than the national average over the next few years.

 · Florida’s economy is anything but retired. According to the latest in a series of economic forecasts from the University of Central Florida, growth in the state will largely outpace the rest of the country, putting it on the path to breaking $1 trillion by 2018.

based Robert Half, had responses from more than 2,800 workers in 28 U.S. markets and. “In South Florida, we have a community surrounded by interesting and fun things to do,” said Randy McDermott,

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 · 7 Forecasts for the Orlando Region in 2030 1. Population Growth. The Orlando region is projected to add 1,500 people per week to reach a population of 5.2 million people. 2. employment growth. On average, industry employment should grow 19 percent, a full 10 percentage points faster than the U.S. average, creating upwards of 500,000 new jobs. 3.

The IEF prepares a comprehensive, quarterly forecast of the Florida economy and 12 metropolitan areas, as well as a comprehensive, quarterly forecast of the U.S. economy. Information from the forecasts is included in exclusive panels, including USA Today Survey of Top Economists, Livingston Survey, Survey of Professional Forecasters, Reuters and Bloomberg monthly survey.

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"Both dipped a little bit, but the Florida economy is still going strong," said PNC’s Florida economist, Mekael Teshome. He noted that it is hard for sentiment in the state. forecast. But PNC.

In addition to the U.S. Forecast, the institute prepares a comprehensive, quarterly forecast of the Florida economy and 12 metropolitan areas. Metropolitan areas covered by the forecast include: Pensacola , Tallahassee , Jacksonville , Gainesville , Ocala , Deltona – Daytona Beach , Tampa – St. Petersburg , Lakeland , Orlando – Kissimmee , Palm Bay – Melbourne , Naples – Marco Island , and Miami – Fort.

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