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%