Economy

Optimism over Florida Grows with Voters, while Buying Prospects Remain Uncertain

Optimism is slowly growing among Florida voters, but consumers in the Sunshine State tended to be a little more pessimistic in March than February, according to recent surveys by the Florida Chamber and University of Florida.

A Florida Chamber Political Institute study released Friday showed that voters were a little more supportive of the direction of the state and Gov. Rick Scott.

Scott influenced tech, scientific job increases

Job creation wasn't just about numbers. The 7-7-7 plan also emphasized growth of high-paying, high-skill jobs in technology and biotech with a goal of growing wages and salaries.

Gov. Rick Scott entered the fray at a point when tourism was the strongest industry in Florida and the state was operating in a deficit compared with the national economic scenario.

In 2011, the job trend turned positive for several industries.

Homeowners underwater on mortgages hold back First Coast's economic recovery

The reviving Northeast Florida economy is coming up for air after the brutal recession, but one remnant of the downturn is still holding back the recovery — the high number of homeowners underwater on their mortgages.

In the Jacksonville area, about 45 percent of property owners with mortgages owe more than the homes are worth, according to CoreLogic, a California company that tracks the real estate industry.

That is double the rate for the nation. And it casts a long shadow on other positive economic trends.

UF: Florida consumers remain mildly optimistic

GAINESVILLE, Fla. — Consumer Sentiment among Floridians dropped one point in February to 76 from January, according to a University of Florida survey. The modest decline followed two months of rising levels of confidence in the economy.

UF survey: Florida Consumer Sentiment surges upward in January

GAINESVILLE, Fla. — Consumer Sentiment among Floridians surged in January, up seven points to 77 from a revised December reading of 70, marking a steady rise in optimism, according to a University of Florida survey.

Florida Price Level Index 2011

The Florida Price Level Index (FPLI), established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program, is used to represent the costs of hiring equally qualified personnel across school districts.
This brief includes a county FPLI comparison table of past years and a review of the FPLI methodology.

Publication Date: 
01/12/2012
Author(s): 
Dewey, James F; Denslow, David, Irwin, Eve
Pages: 
4 pages

Employment up in Marion

Fourteen of Florida's 22 markets, including Ocala, added new jobs over the past year, state figures show. Nearly half of the jobs went to three areas: Tampa-St. Petersburg added 26,900 jobs; Miami picked up 18,700; and Jacksonville increased by 8,300 jobs.

UF survey: Florida Consumer Sentiment jumps in December

GAINESVILLE, Fla. — Consumer Sentiment among Floridians rose three points to 69 in December, reflecting a cautious optimism in the economy, according to a recent University of Florida survey. Though the latest figure is only one point below the level set in December 2010, it also marks the highest rank in the past nine months.

The index used by UF researchers in the survey is benchmarked to 1966, which means a value of 100 represents the same level of confidence for that year. The lowest index possible is a 2; the highest is 150.

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