Floroida

Report: Florida's economic, population growth expected to slow

(The Center Square) – A new report predicts Florida's explosive growth will slow in the next five years.

The second quarter report by the nonprofit Florida Taxwatch and the Regional Economic Consulting Group says that due to smaller population growth (net migration has decreased from 868 new residents each day to 801), employers will have more trouble filling open positions. 

The study predicts annual population growth, right now at 1.4% compared to 2023, will start to shrink each year until 2029, when it'll be at 1.1%.