Housing Starts Fuel Florida Economy to expand through 19′

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Housing Economy A lot of optimistic forecasts of Florida’s economy over the short and long term suggest Florida’s housing market will grow too. You can view the Florida & Metro Forecast. The report says the Sunshine State’s GDP will expand 3.1% through 2020 and job growth be 1.9% in 2020 and 1.4% in 2021, which is much higher than for the national economy.

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A housing start is defined as any privately-owned housing unit that has begun construction. The total number of housing starts is an important metric because it acts as a leading indicator of the housing industry, a large component of the aggregate economy. Housing accounts for nearly 30% of investment spending and 5% of the overall economy.

and housing and manufacturing are stabilizing. But hold on-why not just ignore the gloom-seers? One smart strategist or another has pooh-poohed the U.S. economic expansion during each of its record 10.

The Fourth National Climate Assessment, published in 2018, warned that if we do not curb greenhouse gas emissions and start to adapt, climate change could seriously disrupt the U.S. economy. also.