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Florida’s Economic Outlook: August 2023 Each month, economic expert Jerry D. Parrish, Ph.D. shares his insights on Florida’s current economic outlook with Deep Blue Investment Advisors.  One old joke about economists is that they have “correctly predicted 9 out of the last 5 recessions.” That’s funny, even to economists. We are trained to look at … Continued

Each quarter, Deep Blue’s financial experts analyze economic activity from the past quarter to provide insight as we look ahead. In this way, we protect and build your financial assets while advising you on the best use of your funds.

Each quarter, Deep Blue’s financial experts analyze economic activity from the past quarter to provide insight as we look ahead. In this way, we protect and build your financial assets while advising you on the best use of your funds.

 According to the latest annual numbers from the U.S. Bureau of Labor Statistics, there are 408,290 manufacturing jobs in Florida.  Those jobs range from basic manufacturing to more advanced manufacturing of medical devices, aircraft, electrical equipment, satellites, and spacecraft.  Those manufacturing jobs provide substantial amounts of tax revenues for the state of Florida and the counties where they are located.   

When the COVID pandemic hit the U.S. in early 2020, the U.S. economy saw drops in business activity and that resulted in layoffs for many companies. Some states were more affected than others because states had different policies and reopened their economies at different times.