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www.theFloridaScorecard.org Downloadable charts Data is - - PowerPoint PPT Presentation
www.theFloridaScorecard.org Downloadable charts Data is - - PowerPoint PPT Presentation
www.theFloridaScorecard.org Downloadable charts Data is downloadable Links to data sources No branding Contact information Florida Year-over-Year Job Creation (Thousands) 400 200 0 2008 2009 2010 2011 2012 2013 2014 2015 2016
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- 549.4
- 600
- 400
- 200
200 400
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Florida Year-over-Year Job Creation
(Thousands)
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Alaska: -0.2% Hawaii: 2.0%
Job Growth – November 2017 to November 2018 U.S. – 1.7%
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Data Source: Florida Department of Economic Opportunity
Job Creation
November 2017 to November 2018
Florida Job Creation Rate: 2.8% U.S. Job Creation Rate: 1.7%
Top Counties for Jobs: Orange 32,713 Broward 20,185 Palm Beach 19,655 Top Growth Rate Counties: Seminole, Orange, Lake, Osceola – all 4.6%
5 Florida Counties Lost Jobs over past year
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Job Growth 2007 to 2017
U.S. Job Growth Rate: 6.3% Florida’s Job Growth Rate: 6.9%
Top Counties – Jobs
- 1. Orange
128,868
- 2. Miami-Dade
107,552
- 3. Broward
45,880
- 4. Palm Beach
36,471
- 5. Duval
36,406 Top Counties - Job Growth
- 1. Sumter
40.0%
- 2. St. Johns
28.8%
- 3. Flagler
26.3%
- 4. Osceola
24.9%
- 5. Walton
24.7% Data Source: Bureau of Labor Statistics, QCEW Annual Data 26 Florida Counties Lost Jobs between 2007 and 2017 – 38.8% 53.2% of U.S. Counties Lost Jobs between 2007 and 2017
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85+ 80- 84 75- 79 65- 69 60- 64 55- 59 50- 54 45- 49 40- 44 35- 39 30- 34 25- 29 20- 24 15- 19 0- 14
0% 20% 40% 60% 80% Age Group
Florida Growth to 2030 by Age Group
70- 74
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Florida’s next 5 million People
8 Counties to account for 56.9% of Population Increase:
- 1. Miami-Dade
- 2. Orange
- 3. Hillsborough
- 4. Broward
- 5. Palm Beach
- 6. Lee
- 7. Duval
- 8. Osceola
Top Number: Population Increase Bottom Number: Percentage Increase
Source: FL Demographic Estimating Conference & BEBR FL Population Studies
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Net Migration to Florida
Alaska 494 Hawaii
- 368
Puerto Rico 26,204
6,713
18,854
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Florida County 3rd Grade Reading Scores 2018
Number is percent of 3rd Graders reading at Grade Level Statewide: 95,232 public school 3rd Graders not reading at grade level in 2018.
Data Source: Florida Department of Education
Florida
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January 2018 January 2019
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Variables used in Florida’s Leading Economic Index
Florida Consumer Sentiment Florida Trade-Weighted Dollar Open Jobs Housing Starts
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Variables used in Florida’s Leading Economic Index
- Florida Initial Unemployment Claims
(Federal Reserve-FRED)
- Commercial Airport Activity
(FAA-ATADS)
- Interest Rate Yield Spread
(Federal Reserve-FRED)
60,000 80,000 100,000 120,000 140,000
Commercial Carrier Activity
Carrier 12 per. Mov. Avg. (Carrier)
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Housing Starts
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20 40 60 80 100 120
2010 2011 2012 2013 2014 2015 2016 2017 2018
Florida Trade-Weighted Dollar
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Yield Spread – 10s minus 2s
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5,216 Initial Claims – 12/29/2018. 14,698 furloughed Florida workers according to Center for American Progress
Initial Unemployment Claims - Florida
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The Florida Leading Index forecasts the Job Creation in Florida for the upcoming 6 months. This addition to the Florida Scorecard forecasts the probability that Florida will be in a recession in the next 9 months.
2018 additions to The Flo lorida Scorecard
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January 2018 January 2019
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0% 2% 4% 6% 8% 10% 12% 14% 16%
60 70 80 90 100 110 120 130 140 150 160 170 180 190 200 210
Florida Chamber Foundation Jobs Forecast for 2019 (thousands)
2019 Forecast
150,000 Jobs
70% Probability between 130,000 and 170,000 40% Probability between 140,000 and 160,000
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2019 Forecasts
- 1. Jobs Created – 150,000
- 2. Population Increase – 330,000
- 3. Top Industry Growth Rates:
- 1. Construction
- 2. Professional & Business Services
- 3. Health Services
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