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The president’s chief economic adviser, Larry Kudlow, said the United States has entered "a very strong and durable prosperity cycle." He gave all the credit to his boss: "He is president of the whole.
The Institute for Economic Competitiveness was created to foster a relationship and forum among academia, business, and government, and aims to expand public understanding by convening business leaders, scholars, policy makers, civic groups and media to discuss critical issues. The Institute publishes economic forecasts every quarter and provides analysis of the economic impact of current.
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Florida & Metro Forecast: State Economy Will Outpace U.S. Spurred by rising job growth and home construction, Florida’s economy is expected to continue to grow at a faster pace than the national forecast for the next four years, according to the latest forecast from UCF economist Sean Snaith.
From 2016-2019, Florida’s economy, as measured by Real Gross State Product, is expected to expand at an average annual rate of 2.9 percent through 2019, outpacing the projected average for U.S. real gross domestic product growth for the same period.
Nominal Gross State Product is expected to break the $1 trillion mark in 2018, according to the Florida & Metro Forecast, and climb to $1.074 trillion in 2019. This level today would make Florida’s economy the 16 th largest in the world, as ranked by the World Bank.