Florida data

State reports drop in unemployment

Pinellas County's unemployment rate for April is down nearly a full percentage point, according to the latest figures from the Florida Agency of Workforce Innovation.

April's rate was 11.5 percent, compared to March when 12.4 percent of the county's labor force was looking for a job.

In April, 51,629 of the county's labor force of 447,989 were looking for a job. In March, 55,693 out of a labor force of 450,195 were unemployed.

Floridians’ Consumer Sentiment plummets, nation's rises

Although consumers nationwide were more optimistic, Floridians became increasingly pessimistic in May as home-buying and energy-efficient appliance tax rebates dried up.

Consumer Sentiment in the Sunshine State fell seven points to 71, according to a University of Florida survey.

Nationwide, Consumer Sentiment rose to 63.3 in May from 57.7 in April, the third consecutive increase and the highest level since March 2008, according to The Conference Board.

Florida unemployment falls for first time in four years

For the first time since February 2006, Florida’s seasonally adjusted unemployment rate has fallen. April unemployment slipped to 12 percent from March’s revised rate of 12.3 percent.

This represents 1,113,000 jobless out of a labor force of 9,282,000, according to the Florida Agency for Workforce Innovation.

Retailers try to recover in tight economy

Many Americans are concerned about their budgets, but retailers are also keeping a close eye on their wallets as well. In a tight economy, retailers are becoming increasingly innovative when it comes to getting you in the door and saving your money. From $1.50 brewed coffee at Starbucks to cheaper options on restaurant menus, retailers are offering a variety of deals to motivate customers to shop with them. Bureau of Economic and Business Research Research Economist David Denslow says that retailers are having to compete with the world wide web.

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.

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