ORLANDO, Dec. 18, 2024 — While hurricanes Helene and Milton felt like “huge lumps of coal” to parts of the state impacted, Florida’s overall economy is still on “Santa’s nice list” this year—and should stay that way through 2027—says University of Central Florida economist Sean Snaith.
In his holiday-themed forecast out this morning, Snaith released his last formal predictions of the year with a quarterly economic forecast for Florida that offers a rosy-cheeked outlook for the Sunshine State, where economic performance continues to outpace the national average.
“Florida’s labor market is a sugar plum, and population growth continues to be the gift that keeps on giving in Florida,” said Snaith, the director of UCF’s Institute for Economic Forecasting…