October’s statistics reported in By the Numbers are seen catching up from lags due to the federal government shutdown. As reported by the Florida Department of Economic Opportunity and several other state and federal sources, Florida’s economic outlook continues to outpace the national average as we take the lead spot in job creation in October. […]
By The Numbers
By the Numbers is a monthly resource brought to you by the Florida Chamber Foundation via The Florida Scorecard. This resource has the latest employment, housing and consumer data for the Sunshine State at a quick glance. To receive these monthly updates on Florida’s economic progress and regress you can sign up on The Florida Scorecard homepage.
Due to the federal government shutdown during September, several economic indicators normally reported in By the Numbers are unavailable at this time. The next statewide employment and unemployment data release for Florida will be November 22, 2013. At that time, labor statistics for August final, September final, and October preliminary will also be provided. […]
During the month of August, Florida’s economy continued to trend in a positive direction, with a number of indicators continuing to illustrate Florida’s improvement. Many cases pointed to averages better than the U.S. at large. August employment figures continued the positive trend, marking more than three years of positive job growth for the state (after […]
During the month of July, Florida’s economy continued to trend in a positive direction, with a number of indicators continuing to illustrate that Florida’s economy is improving, in many cases better than national averages or the U.S. at large. July employment figures continued the positive trend, marking 36 consecutive months of positive job growth for […]
During the month of April, Florida’s economy continued to show encouraging signs of growth, with several indicators showing signs of positive trends.
Florida employers added 32,700 non-farm jobs during the month, a large increase compared to the 2,500 net new jobs added to the state’s economy in February.
Florida’s labor market continues to recover gradually from the 2007 Great Recession. In February 2012, Florida’s unemployment rate dropped to 7.7% from 7.9% in January 2013.
Florida’s economy continued to expand at a modest pace during the month of January 2013.
Florida’s economic activity continued to advance at a modest pace in the month of December, but growth has decelerated slightly from November and October. Establishments actually reduced non-agricultural payroll employment in December, possibly a result of uncertainty regarding the “fiscal cliff” and future tax rates. The housing recovery continues to show signs of progress as home prices rose in December along with a decrease in new foreclosure filings. We expect the housing recovery to continue in the short-term, allowing stronger employment growth in 2013.
In November, Florida’s economy improved moderately across many key indicators. Florida’s jobless rate reached a new post-recession low of 8.1%, down from 8.5% in October 2012. Seasonally adjusted employment growth accelerated rapidly in November, and fewer Floridians are officially seeking jobs. The state’s general retailers and restaurants appear to be adding workers to their payrolls. Finally, the housing recovery should provide support to the construction and real estate industries, two of the hardest hit sectors in terms of job losses during the recent recession.