Report: Floridians spend more in 2014 as economy improves
New data shows Floridians spent more in 2014 as the economy improved. The Sun Sentinel reports statistics released Tuesday by the U.S. Bureau of Economic Analysis shows Florida outpaced the nation’s annual increase in personal consumption – 4.9 percent compared to 4.2 percent. The increase in spending stems from many factors including more discretionary income from heightened economic activity and lower gasoline prices. The bureau also reports that goods and services produced in Florida increased 2.7 percent last year compared…
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