Report: four counties in region will lose $5.7 billion in second-quarter GDP

Florida faces a big economic hole, according to several projections.

  • By Business Observer Staff
  • | 5:45 p.m. March 30, 2020
  • | 0 Free Articles Remaining!
Mark Wemple. Florida is projected to be a national leader in lost jobs and a drop in GDP.
Mark Wemple. Florida is projected to be a national leader in lost jobs and a drop in GDP.
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Several coronavirus pandemic-related economic forecast projections are out — and Florida isn’t looking too good.

According to one report, from Cambridge, Mass.-based StratoDem Analytics, the U.S., “and Florida in particular, already is in a recession and will see a nearly 20% decline in its gross domestic product for the fiscal quarter beginning April 1.”

 

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