Housing Starts Fuel Florida Economy to expand through 19′

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PBS NewsHour full episode July 16, 2019 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.

Housing starts are the number of new residential construction projects that have begun during any particular month. The New Residential Construction Report, commonly referred to as "housing starts.

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Gross domestic product is the broadest indicator of the economy, measuring the value of final goods and services produced in the U.S. in a given time period. It is perhaps the most closely watched.

Housing Starts are the total number of single family houses that started construction in a given month in the US. Housing starts can be viewed as a forward looking metric to gauge the outlook for an economy. This metric most notably crashed during the 2007-2009 housing crisis.

Graph and download economic data for New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Florida (FLBP1FH) from Jan 1988 to Aug 2019 about privately owned, 1-unit structures, permits, family, buildings, FL, housing, and USA.

The following excerpts on economic expansion for the State of Florida come from The College of Business Administration at the University of Central Florida’s quarterly economic projection report for July 2014.According to their findings, between now and 2017, it is expected that Florida’s economy will expand at an average annual growth rate of 3.7% and payroll job creation will average an.

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