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Rick Scott: Florida GDP continues to outpace national growth rate

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Florida’s gross domestic product grew by 3 percent last year, outpacing both the national rate of 1.5 percent and the other large states, Gov. Rick Scott announced Friday. “This great news is further proof that our economy is booming and we must stay focused on continuing this growth so Florida can out compete other locations for jobs wins,” Scott said. “While it is disappointing that the Legislature did not fully fund Florida’s economic development programs, we will keep fighting to…

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Florida’s metro areas registered strong economic growth in 2015

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Florida’s cities mostly exceeded the national trend last year regarding economic growth, state officials announced Thursday. In fact, the economies in 15 of Florida’s 22 metropolitan statistical areas grew faster than the national average. Overall, the state’s real gross domestic product was $789.8 billion, up by 3.1 percent from the year before. The national economy grew at a rate of 2.4 percent. “Florida’s economy is one of the strongest in the nation, illustrated by our consistent job creation, low unemployment…

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Florida consumer sentiment drops in August, continues downward trend

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Consumer sentiment among Floridians plummeted 4.8 points in August to 88.2, according to the latest University of Florida consumer survey. This is the lowest reading in the last year, and all five components that make up the index declined. Perceptions of one’s personal financial situation now compared with a year ago dropped most sharply, down 10.5 points from 86.7 to 76.2. Expectations of personal finances a year from now fell by 7.8 points to 98.6. Opinions as to whether now…

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