2018 Predictions: $1 Trillion Economy, 180,000 Jobs.
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| The Florida Chamber Foundation has announced that it expects Florida to become a $1 trillion economy by the end of 2018 and will create 180,000 jobs across Florida in 2018 – once again, outpacing the U.S. economy in job growth.
An outline of key findings announced today at the Florida Chamber Foundation’s 2018 Economic Outlook Summit includes: |
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- Florida will continue to lead the nation in job creation. Since the recession, Florida has created an average of 1 in every 10 jobs in the U.S. The Florida Chamber Foundation estimates Florida will create 180,000 jobs in 2018. For the eighth year in a row, Florida’s job creation is expected to outpace the U.S.
- Florida faces a very low probability of a recession. Currently, the Florida Leading Indicators Index projects strong growth expected, with a 91 percent likelihood Florida will NOT enter into recession over the next nine months.
- Florida is projected to become a $1 trillion economy in 2018.
- Business confidence is high.
- Population growth will continue to drive Florida’s economy.
- Florida could do more.
- Long term risks exist.
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