Florida population expected to start growing again

[Kurt]

I thought the decrease in population was pretty big news and now it's turning around. Here come the baby boomers? Again?

University of Florida News - Florida expected to start adding residents again after population decline

It?s a small bounce, but Florida?s population should rebound this year from its first loss in more than half a century in a hopeful sign for the struggling state economy, new estimates from the University of Florida show.
The Sunshine State is expected to add about 23,000 residents between April 1, 2009, and April 1, 2010, following a loss of almost 57,000 residents the previous year, according to population projections released today by UF?s Bureau of Economic and Business Research.
?Based on changes in electric customer data, we believe Florida?s population has increased slightly over the past year,? said bureau Director Stan Smith who led the research. ?This may be an indication the state?s economy is no longer declining at the rate it had been before.?
Although the state?s unemployment rate remains very high, there are signs that the housing market is starting to pick up in a number of places, he said.
?It appears the state?s population loss was a one-year occurrence,? Smith said. ?Even so, Florida?s growth will be very slow during the early years of the new decade.?

 

[30ashopper]

I was looking over the state department of revenue figures recently, it looks like we are currently generating above estimate revenues in most sectors. So I'll say tentatively the worst appears to be behind us. We're still facing budget shortfall issues for the fiscal year, and of course taxes have increases substantially - something we can hopfully undo down the road, but overall things appear to be stablizing for the state. Good news!

 

[30ashopper]

Florida tax revenue expected to increase next year - South Florida - MiamiHerald.com

 

[Matt J]

Could be worse, could be in California.

 

[Will B]

I was thinking that south Florida ran out of transplant retirees...

DOH!

 

[Kurt]

I was looking over the state department of revenue figures recently, it looks like we are currently generating above estimate revenues in most sectors. So I'll say tentatively the worst appears to be behind us. We're still facing budget shortfall issues for the fiscal year, and of course taxes have increases substantially - something we can hopfully undo down the road, but overall things appear to be stablizing for the state. Good news!

Wow - maybe the worm has turned. We got 30AShopper ready to buy.

Must be the oil in the gulf.