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State Economists: Fla Recovery has its Issues

State Economists: Fla Recovery has its Issues

Florida's economy is showing signs of continued recovery, but a new analysis prepared by state economists also points to some problems. 

It looks at everything from wages to housing prices and unemployment.  The good news: Florida was ranked 13th in personal income growth last year.  Growth rates also are returning to more typical levels. 

The report, however, also found that Florida's average wage is dropping further behind the national average. 

It also notes the drop in Florida's unemployment rate has been helped by people dropping out of the labor force.

 

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