Cautious optimism about Florida's economy in the new year

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Across the forecasting spectrum, from academics to some government watchers to industry groups, there’s a cautious optimism about Florida’s economy in the new year, reports David Royse of the News Service of Florida.

From a recent gathering of economists at a Realtors conference, where the consensus was that the state has already started a bit of a recovery, to employment agencies, to the governor of the state, there’s a sense that finally, the state has turned the corner.

In Florida, where the economic heights of the middle of the last decade were propped up on a booming housing industry, it is in the real estate market that many economists are looking to gauge whether the crash has reached its low point.

And Florida Realtors Chief Economist John Tuccillo said at a recent real estate industry conference that indicators in that industry are good.

“Sales are trending up, listing inventories are falling

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.