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Economic Presentations

This presentation was developed for a briefing to the Miami Association of Realtors on July 25, 2013. It provides a mid-year look at economic conditions, trends in monthly macroeconomic indicators and an economic outlook for Miami-Dade County over the rest of the year.

The outlook for the remainder of 2013 is one of continuing recovery at a modest pace although there are risks to the forecast from a continuing austerity-driven recession in Europe, policy gridlock in Washington resulting in the lack of budget agreements and sequestration, and a slowdown in China.

Dr. Robert Cruz, Miami-Dade County’s Chief Economist, briefed the South Florida Workforce Investment Board on the current economic environment in Miami-Dade at the Board’s strategic planning retreat.

Additionally, two maps showing the number of unemployed and the unemployment rates across the County’s census tracts were displayed at the Board meeting.

This presentation developed for a briefing to a bond rating agency was updated on March 16, 2012 to reflect the latest annual BLS revisions to employment and unemployment estimates.

It provides a look economic conditions in 2011, trends in monthly macroeconomic indicators and an economic outlook for Miami-Dade County in 2012. Recent economic data reveal a local economy that is slowly but steadily recovering.

The outlook for 2012 is one of continuing recovery at a modest pace, although there are risks to the forecast from a deceleration of growth in Europe and the emerging market countries, an increase in world energy prices, and financial instability in the Euro zone.

This presentation was delivered at the FIU Metropolitan Center's Metro Forum.

It provides a look at the recent recession and recovery and it's socio-economic impacts on Miami-Dade County. Current trends in monthly economic indicators are examined in the presentation, along with an assessment of economic prospects for Miami-Dade in 2012.

This presentation, delivered at the Greater Miami Chamber of Commerce Real Estate Committee and updated July 25, 2011, summarizes current economic trends in Miami-Dade and provides a qualitative outlook for the next 6-12 months.

Current economic indicators reveal a slow economic recovery, unable to generate enough job growth to reduce unemployment rates. Economic sectors such as tourism and international trade are posting significant gains, and taxable sales are rising at a strong pace.

Robust sales of existing residential units are stabilizing residential property values, and residential foreclosure activity has substantially moderated. Commercial real estate remains characterized by high vacancy rates, exerting downward pressure on lease rates, but positive net absorption is returning to the market.

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