Disasters

Hurricane Andrew still reverberates

Hurricane Andrew was not the deadliest storm ever to strike South Florida. It was not the costliest, even though the damage estimate of $45 billion in today's dollars puts it very near the top.

Florida’s Consumer Sentiment wanes as events unravel overseas

GAINESVILLE, Fla. — Consumer Sentiment among Floridians dropped four points in March to 72 as many economic indicators for Florida continue to show signs of weakness, according to a new University of Florida survey.

Three of the index components decreased as natural disasters and political turmoil overseas offset the index’s seven-point spike in January.

Consumer Sentiment falls and views of personal finances reach new low

GAINESVILLE, Fla. — Fears about the economic effects of the BP oil spill caused a slight decline in Florida’s Consumer Sentiment in July, while expectations about personal finances reached a record low, according to a new University of Florida survey.

Economist: Oil disaster could cost Florida economy 39,000 jobs, $2.2 billion

TALLAHASSEE — The Deepwater Horizon oil rig disaster could lop $2.2 billion off Florida's still-fragile economy and cost 39,000 jobs mostly in the tourism and fisheries industry.

Hotel and restaurant industry leaders said the first signs of that decline are emerging as the encroaching oil spill diminishes what for most had been a strong Memorial Day weekend, possibly fueled by the state's television advertising campaign.

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