Florida Economic Forecast: Q4 2024

2024-2030

2025 Economic Forecast - 2024 Q4 Cover

Florida TaxWatch’s report, 2025 Economic Forecast - 2024 Q4, examines Florida's economic outlook amid evolving market conditions. The report analyzes key indicators such as employment trends, GDP growth, and consumer spending, providing insights into Florida’s economic trajectory as the state navigates post-pandemic recovery and future challenges.

By evaluating current economic data and trends, the report offers policy recommendations aimed at fostering sustainable growth, enhancing job opportunities, and maintaining economic stability. The insights presented are crucial for policymakers, business leaders, and the public as they plan for the future.

Meet the Author:

Jui Shah
Jui Shah
Research Economist | Lead Author
LinkedIn

Documents to download

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Florida Economic Forecast: Q1 2025

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Florida's economy has been growing to new heights these past years -- reaching nearly $1.5 trillion. The Q1 2025 economic forecast by Florida TaxWatch examines key trends in population growth, employment, income, GDP, and tourism, offering valuable insights for policymakers, business leaders, and taxpayers.

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In 2020, Florida was one of six states with a statistically significant census undercount. Florida failed to count 3.48 percent of its total population (750,000 residents). The census count is used to apportion legislative seats and allocate federal funding. Florida’s census undercount cost the state at least one—potentially two—congressional seats and up to $21 billion in federal funding through the end of the decade.

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