Cheap stuff

Ignore the doom and gloom. Florida could exceed 5% economic growth this year, says Gregory Miller.

It pays to listen to Miller, SunTrust Bank's chief economist, who has been an astute observer of Florida's economy for 30 years. His housing forecast of further price declines for Florida in 2007 was right on the mark, for example.

Federal spending, increased business investment and low inflation this year will combine to spark a strong recovery. “Florida may be coming back faster than the rest of the country,” Miller says. Why? “Repeat after me: Stuff is cheap,” he says.