Data shows that despite lingering inflation, Florida’s economy is excelling.
The latest data from the Florida Office of Economic and Demographic Research shows tax revenues are up and federal data reveals the Sunshine State had the nation’s 10th lowest unemployment rate.
The moving company, U-Haul, released its 2021 Growth Index of cities and markets that gained the most U-Haul trucks, and Florida has 10 cities in the report’s top 25.
U-Haul explained how it determined the rankings in the report.
Florida’s new jobless claims slightly dropped as the U.S. Department of Labor released new data this week. The numbers showed 7,713 new jobless claims were filed as of September 25, however the same metric is down to 6,509 as of October 2.
When the COVID-induced economic slowdown began in March and April 2020, the jobless claims were much higher, but since May 2021, the state has averaged just below 8,000 new jobless claims per week.