the republic logo

Florida economists draw up forecasts that show small changes for state finances

bug
Share/Save/Bookmark

TALLAHASSEE, Florida — Florida economists are projecting the state's economy will continue to remain in good shape over the next few years.

State economists on Thursday drew up new forecasts that show that the state's economy continues to recover after the Great Recession.

Economists estimate the state's main budget account will grow 3.8 percent during the fiscal year that started in July. Economists are also projecting a 3.9 percent increase in the fiscal year that starts in July 2015.

That's a slight dip from previous forecasts in March. One main reason is that there has been a drop in corporate income taxes.

But Amy Baker, the head of the state's Office of Economic and Demographic Research, said it's because businesses are spending more and does not show any weakness in the economy.

Think your friends should see this? Share it with them!

All comments are moderated before posting. Your email address must be verified with Disqus in order for your comment to appear.
View our commenting guidelines and FAQ's here.

Story copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow The Republic:

All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.