Newtonian Economics and the Sunshine State

For Floridians worried about their financial future, Florida Tax Watch has a spoonful of speculative sugar to help the economic reality sink in. While the longer-term prospects for the state’s economy are good, the short term looks to be a bit more difficult. Looking at a number of factors, including population net migration, unemployment, GDP, personal income and tourism, the Tax Watch report said the state’s GDFP growth is expected to slow to 1.9% in 2027 and unemployment will reach 4.8% through 2028. After that, however, the picture gets brighter.