The year ahead: A glimpse at the economic outlook for South Florida

Status of the flordia real estate market in 2017. For the most part, 2017 was another strong year for the real estate market in Florida, although the impact of Hurricane Irma caused major disruption to the market in the fall, resulting in fewer home sales, with closing sales 5.5% lower in the third quarter of 2017 than they were in 2016.

Amid signs the economy is strong overall – until last week, the stock market was reaching new peaks – boat retailers are anticipating a wave of new buyers. And with two important boat shows coming to.

It’s tough to know what each new year may hold. But when it comes to economic issues, there are usually enough indicators to provide a solid glimpse into what’s ahead. So we asked experts to weigh in.

The year ahead: A glimpse at the economic outlook for South Florida A few well-placed observers share their views about the outlooks in five key sectors of South Florida’s economy. BY MIKE SEEMUTH SPECIAL TO THE HERALD 01/04/2015 8:36 PM. EMILY MICHOT MIAMI HERALD STAFF

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State economic forecast. upper south Atlantic. New York: Moderate growth ahead TheNew York economy had a good year in 2018. Theun – employment rate fell to an all-time low of 3.9%, and real GDP expanded by 2.0%, a hair above its 2017 growth rate.

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The shows also provide a glimpse of buyer trends and sales for the year ahead: top 4 boating trends to Watch in 2017 Big boats are back -One of the more standout areas of growth in 2016 was among yachts and large cruising boats-a category that has been slower to rebound as high net worth individuals looked to remain more liquid post-recession.

Karen Gilmore expects 2019’s economic outlook to mirror Florida’s weather: Sunny with a chance of clouds. Gilmore, vice president and regional executive at Miami’s branch of the Atlanta Federal.

The South Florida market experienced stellar economic growth in 2017 with unemployment in the Tri-County area falling to 4.1 percent at year end, down 70 basis points year-over-year. Commercial real estate in the South Florida market felt the economy’s positive effects.

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