A University of Florida economist said the reason many Americans are financially strapped is simple: Prices are rising and wages are not.
David Denslow, who works for UF's Bureau of Economic and Business Research, said that overall, the retail price index has increased in the past five years about 2 percent to 2.5 percent. This index indicates what people pay for food, housing, medical care and other goods and services.
He said that during the 1990s, prices rose about the same, but pay was keeping up. These days, it's a different story.
This report presents and discusses the 2005 editions of the Florida County Retail Price Index (FCRPI) and the Florida County Wage Index (FCWI), produced by the Bureau of Economic and Business Research (BEBR) at the University of Florida.
Publication Date:
11/22/2006
Author(s):
Dewey, James F.; Denslow, David; Lotfinia, Babak T.
The recent rise and subsequent decline of housing prices, both in Florida and across the nation, have led to speculation about the nature of house prices in general. This paper explores recent trends in house prices, especially in Florida.
Publication Date:
02/01/2007
Author(s):
Montes Rojas, Gabriel; McGuire, Sandra T.; Ivey, Susan; Durrenberger, Tom
Local governments in Florida are concerned that the same soaring house prices that have boosted their revenue base have also increased the wages they have to pay to attract a qualified work force, especially relative to similar local governments in many other states where the housing boom has been less remarkable. The doubling of Florida house prices over the past six years that increased local property tax revenue raises concerns that a shortage of affordable housing will undermine their efforts to recruit and retain employees.
Publication Date:
06/01/2007
Author(s):
Durrenberger, Tom; Dewey, James F.; Denslow, David
Established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program, the Florida Price Level Index (FPLI) is used to represent the costs of hiring equally qualified personnel across school districts.
Established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program, the Florida Price Level Index (FPLI) is used to represent the costs of hiring equally qualified personnel across school districts.
The Florida Price Level Index (FPLI) was established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program (FEFP). In this role, the FPLI is used to represent the costs of hiring equally qualified personnel across school districts.
This report presents and discusses the 2004 Florida County Retail Price Index, the FCRPI, and the 2004 Florida County Wage Index, the FCWI, produced by the Bureau of Economic and Business Research, BEBR, at the University of Florida.
This report presents and discusses the 2006 editions of the Florida County Retail Price Index (FCRPI) and the Florida County Wage Index (FCWI), produced by the Bureau of Economic and Business Research (BEBR) at the University of Florida. In the narrowest sense, the FCRPI measures the relative expenditure required to purchase the same basket of goods and services purchased by the average Floridian in each of Florida’s counties at a particular point in time, in this case August 2006.
The Florida Price Level Index (FPLI) was established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program. In this role, the FPLI is used to represent the costs of hiring equally qualified personnel across school districts. Since 1995, and at the request of the Legislature, the Bureau of Economic and Business Research (BEBR) at the University of Florida has performed an ongoing review of the methodology of the FPLI and has made appropriate recommendations to improve it.