Recovery is Slow In Florida
Businessinsider.com listed 20 cities that are not economically recovering. 8 of those cities are in Florida. The BP spill is making matters worse by scaring tourism from the state.
Orlando
Gross metro product since peak: -1.0%
Home prices YTD: -17.5%
Employment since peak: -7.3%
Employment YTD: +4.1%
Lakeland
Gross metro product since peak: -2.4%
Home prices YTD: -17.8%
Employment since peak: -7.0%
Employment YTD: +4.1%
Miami
Gross metro product since peak: -4.4%
Home prices YTD: -14.1%
Employment since peak: -6.3%
Employment YTD: +3.7%
Jacksonville
Gross metro product since peak: -4.9%
Home prices YTD: -13.8%
Employment since peak: -7.2%
Employment YTD: 3.9%
Tampa
Gross metro product since peak: -4.9%
Home prices YTD: -12.4%
Employment since peak: -8.9%
Employment YTD: +4.0%
Palm Bay
Gross metro product since peak: -5.6%
Home prices YTD: -15.0%
Employment since peak: -10.2%
Employment YTD: +3.6%
Bradenton
Gross metro product since peak: -5.8%
Home prices YTD: -10.2%
Employment since peak: -14.4%
Employment YTD: +3.8%
Cape Coral
Gross metro product since peak: -14.8%
Home prices YTD: -11.4%
Employment since peak: -17.0%
Employment YTD: +3.7%
Labels: cover florida, economy, unemployment
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