Looking To The South

Benson, P. George
May 2006
Georgia Trend;May2006, Vol. 21 Issue 9, p113
This article presents a forecast related to the economic conditions in Florida in the year 2006. Florida will add at least 210,000 jobs, a 2.7 percent gain. Inflation-adjusted personal income will rise by 4.5 percent, and gross state product will grow by 4.3 percent. Florida's service industry-dominated economy is not overly vulnerable to low cost foreign competition. Florida is now home to some 17.9 million people. Setting aside the possibilities of major hurricanes, skyrocketing oil prices and terrorist attacks, the most serious risk to Florida's economy is its real estate boom.


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