Economic recovery is on the way — at least according to one expert.

The economic downturn is actually a recession for Florida, in the view of University of Florida economist David Denslow at the Bureau of Economic and Business Research.

His prediction: The economy will show little growth or a decline of perhaps 2 percent or 3 percent in gross domestic product until the recovery begins in mid-2009.

Denslow figures the recession began in March 2007, which would make it about as long as the recession the state went through in the early 1990s.

Florida's economic downturn is likely to last another year - Sun-Sentinel - July 14, 2008