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Posts tagged: Florida’s Economy

Florida finally hiring above its weight class

Looking at other factor besides the unemployment rate may show a different ‘job growth’ picture within Florida. Read this article to see a different take on Florida’s economy.

Florida’s December jobs report was far short of an A, but at least the Sunshine State is now gaining jobs at a faster rate. Its scores No. 6 on hiring performance versus other states.

Florida’s Unemployment Rate Falls to 9.9%

With Florida’s unemployment rate dropping to single digits, will confidence in the economy continue to build? Read more about the economic recovery in Florida in this article.

Florida’s unemployment rate dropped to 9.9 percent in December, the first time the rate has fallen below 10 percent in more than two and a half years.

4 Signs that Florida’s Economy Should Improve in 2012

As the commercial real estate market starts to warm up, other signs of the improving economy are validated as well. The year end flurry of deal activity of SVN Florida advisors around the state show that investors and users are now sensing that the “best time to buy or lease is NOW” . Prices and lease rates may be headed back up again.

Donna Gehrke-White | Sun Sentinel

The Sunshine State’s economy should further rebound in 2012, with South Florida outperforming what turned out to be a disappointing 2011, several indicators show.

Unimpeded by Legacy Distress, Healthier Banks Making CRE Loans

Will 2012 bring access to more commercial real estate loans? Economist, Dr. Chandan, discusses the effects of legacy distress on the market.

Dr. Sam Chandan | GlobeSt.com

As reported in our most recent Bank Default and Lending Report, the combined default rate on banks’ commercial and multifamily mortgage loans fell to 3.75 percent in the third quarter of 2011.

Tenant Demand Soars in Tampa Industrial Market

With Tampa’s vacancy rate going down, one of the largest factors appears to be tenant demand, which should increase even more in the coming months. Read on for more information on the Tampa market.

Florida Real Estate Journal

Along with the national economy, the Tampa Bay Metropolitan Statistical Area’s economy continued to strengthen over the third quarter of 2011.

Job growth is Expanding in West Palm Beach, Miami

Here is a recent article on the job growth in South Florida.

Donna Gehrke-White | Sun Sentinel

The number of jobs is expanding in Miami but not growing as fast in Palm Beach and Broward counties, according to new projections released Monday by a leading economist.

Florida’s economic recovery is uneven

Recent article about Florida’s economic markets. It is more important than ever to have a commercial real estate advisor who can help guide you.

Tampa Bay Business Journal
Date: Thursday, September 15, 2011, 1:05pm EDT

The pace of improvement in Florida’s economy remains uneven across the state and in many key industries, a report from Wells Fargo Securities said.

Dr. Sean Snaith on Florida’s Economy

I’ve always been a fan of Dr. Sean Snaith.  Snaith is the director of the University of Central Florida’s Institute for Economic Competitiveness and a nationally recognized economist in the field of business and economic forecasting. Today he released his latest Florida metro forecast offering a slightly improving economic outlook for Florida through at least 2014.

Snaith expects unemployment to remain stubbornly high — not falling below 10 percent until next year — He goes on to call the housing boom of the mid-2000s a “once-in-a-lifetime event that we will probably not see again”

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