Institute for Economic Forecasting News

Economic issues stemming from COVID-19 continue to be a challenge as Russia’s invasion of Ukraine adds to price increases.

UCF’s Institute for Economic Forecasting released its final 2021 quarterly Florida & Metro Forecast, authored by Director Sean Snaith.

UCF economist Sean Snaith says the current forecast assumes the economic policies of the incumbent Trump administration will be in place throughout the forecast horizon.

In the short-term, Sean Snaith’s forecast predicts average economic growth will maintain a 3.1 percent annual increase through 2022 with tax cuts and faster wage/salary growth fueling the expansion.

The growth and strength of Florida’s economy is expected to outpace the national economy through 2022, predicts national economist and University of Central Florida faculty…

At more than $22 trillion, the U.S. government’s debt is higher than it has ever been, but the rising debt level alone is not enough…