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Florida Economic Estimating Conference

State economists see tourism growth cancelling out lagging housing starts

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Nothing emerged during a numbers-crunching exercise by state economists Tuesday to change the economic picture the Legislature will confront this year — growth in tourism and slack housing starts will offset each other as overall growth produces about $31 billion in general revenues. “Those are going to compensate for each other. So, overall, you end up about where you were, on the same path where we were heading,” said Amy Baker, coordinator for the state Office of Economic and Demographic Research.…

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