Florida & Metro Forecast: State Economy Will Outpace U.S.

The state ranked fifth in the U.S. for all commercial real estate. florida is home to more than 270,000 retail stores, and the retail market employs well over 2 million people.. The metro markets of Tampa and Orlando are only a short drive.. Property values in Hollywood are outpacing other South Florida.

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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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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.

Through 2019, Florida’s economy is projected to expand at an average annual rate of 2.9 percent, outpacing the U.S. GDP’s forecasted growth average of 2.3 percent.

Analysts think house prices in the United States, as measured by the S&P/Case Shiller composite index of 20 metropolitan areas, will rise just 1 percent this year, according to the median forecast in.

 · The state’s economy pivots on weather . STAFF report tuesday. author of the "Florida/Metro Economic Forecast" and director of the University of Central Florida.

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

Home Depot says company sales will outpace U.S. economy. Business.. including 20,000 in metro Atlanta.. the company plans five new stores – two in Florida, one in Texas, one in Mexico.

For 18th year, U.S. Conference of Mayors releases annual report, forecasts growth of cities and metro regions Washington, D.C. – Today, the U.S. Conference of Mayors (USCM) released its 18th annual report and forecast on U.S. Metro Economies, showing that cities and metro regions continue to be the engines of U.S. economic growth.

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