1. www.theFloridaScorecard.org Thousands of data points
Free to use – updated as soon as data is released
Both at State and County Levels
(use View County Data dropdown)
FutureCast of New Jobs Needed by 2020 and 2030
(blue button)
Forecast of Population by 2030
Downloadable Charts
Downloadable Data

4. Year-over-Year Job Creation
Category
Dec – Dec 2017 Jobs
Percent
Professional & Business Services
47,200
3.6%
Construction
43,900
9.1%
Trade, Transportation & Utilities
33,600
1.9%
Education & Health Services
22,300
1.8%
Manufacturing
16,200
4.5%
Financial Activities
15,300
2.8%
Leisure & Hospitality
9,100
0.8%
Data Source: Florida Department of Economic Opportunity

5. Category 2016 Growth Rate 2017 Professional & Business Services 46,200
3.7%
47,200
3.6%
Construction
22,300
5.1%
43,900
9.1%
Trade, Transportation & Utilities
35,600
2.1%
33,600
1.9%
Education & Healthcare Services
46,800
3.8%
1.8%
Manufacturing
7,000
2.0%
16,200
4.5%
Leisure & Hospitality
53,100
4.6%
9,100
0.8%

6. December 2016 through December 2017
Job Creation
December 2016 through December 2017
U.S. – 1.4% Growth
Florida – 2.5% Growth
11 Counties Lost Jobs in 2017
Top Counties:
Miami-Dade 41,683
Orange 27,512
Broward 26,518
Top Growth Rates:
Osceola 4.1%
Orange 4.0%
Seminole 4.0%

7. Forecast versus Actual Year-over-Year
Category
2017 Forecast
2017
Year-over-Year
Percentage Deviation from Forecast
Jobs
190,000
195,000
2.63%
Population
330,000
327,811
0.66%
That means we have an increase of 898 net new Floridians every day

9. Variables used in Florida’s Leading Economic Index
Florida Consumer
Sentiment
Florida Trade-Weighted Dollar
Open Jobs Housing Starts

10. Variables used in Florida’s Leading Economic Index
Florida Initial Unemployment Claims
(Federal Reserve-FRED)
Commercial Airport Activity
(FAA-ATADS)
Interest Rate Yield Spread
Unemployment Claims – big spike for one week after Hurricane Irma – trend is downward
Commercial Airport Activity – Commercial Carriers takeoffs and landings. Trend is definitely upward. Note the spike every year – it’s March.
Yield Spread – 2 versus 10 year constant maturity. You may have heard the financial commentators talking about “flattening of the yields curve”. That has been happening. When it gets to inverted (i.e. 2 year rates higher than 10-year rates) that can signal a recession is coming. Not necessary, not sufficient, but could be important. But it matters which one is moving toward the other – and that’s something I take into account when doing the calculations.

11. January additions to The Florida Scorecard
The Florida Leading Index forecasts the Job Creation in Florida for the upcoming 6 months.

12. January additions to The Florida Scorecard
The Florida Leading Index forecasts the Job Creation in Florida for the upcoming 6 months.
This new addition to the Florida Scorecard forecasts the probability that Florida will be in a recession in the next 9 months.

13. Since January 1 at 12:01 a.m.: $831.1 million 35,382 people
Florida’s Adjusted Gross Income has grown by:
$831.1 million
Florida’s Population has grown by:
35,382 people
As of February 9, 2018 at 9:30 a.m.

14. Population Growth
Top 8 Counties expected to get 56.9% of all growth
County Growth Rate
Miami-Dade 24.5%
Orange 36.7%
Hillsborough 33.7%
Broward 18.7%
Palm Beach 20.1%
Lee %
Duval 24.9%
Osceola 61.6%
Top Percentage Growth
Sumter 64.8%
Osceola 61.6%
St. Johns 54.0%

15. Population Changes by Age Group 2016-30
Highest Growth Rates in Age 65+ Categories: Increase of 2+ million in Florida by 2030
Loss of Potential High Spenders in
Age 50-59: 160,745 People less in 2030

16. A Path To Prosperity
First Florida Chamber Foundation Prosperity Summit – November 28, 2017 in Tampa Next Annual Prosperity Summit - May 2-3, 2018 in Orlando
Prosperity Summit. On November 28th in Tampa, we had our first one. We discussed our “Less Poverty, More Prosperity Fiscal Cliffs Report” and had former Speaker Will Weatherford and many other business and non-profit leaders.
We’ll discuss even more topics at the next one – will talk about how the business community can lead the way to Prosperity for more people and communities in our state. Join us on May 2nd and 3rd in Orlando at this important event.

17. Kids in Poverty in Florida
Top Number: Number of kids in Poverty by County
Bottom: Under-18 Poverty Rate
Florida: 869,892 kids in poverty
21.3% Poverty Rate for Under-18 Year Olds