Florida’s economy was strong before the storm and looks to rebound after a short term slowdown and this will have an impact on the state’s budget. The previous lawmakers had projected $52 billion as a surplus and this is a fraction to the $83 billion budget which was destroyed by Irma. The $2.5 billion in losses to agricultural industry in Florida would only inc.... Read more »
Florida’s fiscal recovery continued to overtake the national average in December last year, even though there was some variation in the local numbers. The Florida Department of Economic Opportunity released its December employment report on 18 of January this year. Florida’s statewide jobless rate decreased to 8%, its lowest level since November 2008, and was closing in on the national jobl.... Read more »