Florida data

Good buying conditions boost Florida’s Consumer Sentiment this month

GAINESVILLE, Fla. — Shoppers rushing to take advantage of home and appliance rebates caused Florida’s Consumer Sentiment to spike in April by six points to 77 despite the state’s record unemployment, according to a new University of Florida survey.

The last time Consumer Sentiment was at or above 77 in the Sunshine State was in October 2007 when it was 79, the same month the Dow Jones Industrial Average peaked at 14,168, said Chris McCarty, survey director of UF’s Bureau of Economic and Business Research.

An Analysis of Annual Migration Flows in Florida, 1980 – 2008

Florida has been one of the most rapidly growing states in the United States for many years, but growth rates have fluctuated considerably from one year to the next. Most of these fluctuations were caused by changes in the number of people moving into and out of the state. In this issue of Florida Focus, we examine annual migration trends in Florida from 1980 to 2008, using data from the U.S. Census Bureau. The data refer solely to people moving from one state to another; they do not include foreign immigrants.

Publication Date: 
03/15/2010
Author(s): 
Smith, Stanley K.; Cody, Scott
Pages: 
8 pages

Florida’s high jobless rate causes another drop in Consumer Sentiment

GAINESVILLE, Fla. — Florida’s Consumer Sentiment fell in March by three points to 70 as the state’s bleak unemployment rate cast doubts about the long-term health of the economy and people’s ability to make major household purchases, according to a new University of Florida survey.

“The decline in optimism is almost certainly related to persistent elevated levels of unemployment in Florida and the perception that jobs are neither secure nor widely available,” said Chris McCarty, survey director of UF’s Bureau of Economic and Business Research.

Economist predicts gradual recovery for Florida

Economist David Denslow Jr. predicted Friday that Florida's economy will continue its gradual recovery, carried by rising numbers of individuals reaching retirement and the lure of the state as a place to live.

While a depressed job market has forced families to leave the state in search of work and Florida has a persistent oversupply of housing, the longer-term view is better, he told members of the Economic Club of Florida meeting at the Civic Center.

New BEBR report analyzes Florida historical annual migration

Gainesville FL - In a special Florida Focus report issued today, BEBR researchers using U.S. Census Bureau data, examine annual migration trends in Florida from 1980 to 2008.

According to the report, "Florida has been one of the most rapidly growing states in the United States for many years, but growth rates have fluctuated considerably from one year to the next." In fact, growth rates have declined "from 44% in the 1970s to 33% in the 1980s, 24% in the 1990s, and a projected 18% between 2000 and 2010."

Does Crist Have the Numbers Right?

Is Governor Charlie Crist skewing the numbers on Florida's Consumer Sentiment rating?

Crist says Florida's Consumer Sentiment rating is on its way up and the state is on its way to economic recovery.

"We're having more revenue come into Florida into our treasury by $2.4-billion more. That only happens through sales tax. That means people are out there buying. That means Consumer Sentiment is up and things are going to start turning and we're grateful for that," says Crist.

1.1 million people unemployed in Florida

TALLAHASSEE — Florida matched its highest-ever unemployment rate in January — 11.9 percent — with 1.1 million Floridians out of work.

Escambia County had 11.7 percent unemployment in January, up 0.6 points from December and 2.6 points higher than the year before. Wednesday's report said 16,456 were out of work in January.

Santa Rosa County had 10.9 percent unemployment in January, 0.9 points from December and 2.8 points higher than the year before. The state reported there were 7,723 out of work in January.

That may not be the worst of it.

Florida expected to start adding residents again after population decline

GAINESVILLE, Fla. — It’s a small bounce, but Florida’s population should rebound this year from its first loss in more than half a century in a hopeful sign for the struggling state economy, new estimates from the University of Florida show.

The Sunshine State is expected to add about 23,000 residents between April 1, 2009, and April 1, 2010, following a loss of almost 57,000 residents the previous year, according to population projections released today by UF’s Bureau of Economic and Business Research.

New home sales sink to a new low in January

Just when analysts thought the long housing slide was over, national figures for new home sales in January sank to another low, with numbers not seen since record-keeping began in 1963.

The 11.2 percent drop in sales of new homes from December surprised some experts who had expected the market to perk up after a dismal end-of-year showing.

Department of Commerce figures released Wednesday showed January's seasonally adjusted annual sales pace was 309,000 nationally. The previous record low for monthly sales was January 2009 with 329,000.

Florida’s high unemployment rate continues to hurt Consumer Sentiment

GAINESVILLE, Fla. — Florida’s Consumer Sentiment fell in February by two points to 72, reflecting concerns about unemployment that is growing worse statewide even as it improves for the nation at large, according to a new University of Florida survey.

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