Moody’s Analyst Expects “Significant” Rebound in Miami Economy

florida home sales e1289862761229 150x150 Moodys Analyst Expects Significant Rebound in Miami EconomyChris Lafakis, an economist at Moody’s Analytics, predicts that there will be substantial growth in the Florida economy and specifically Miami due to a rebound in population growth as well as increased vacations and travel to desirable Florida cities. He says, “The story of pent-up demand is true in no place more so than Florida.” These views are consistent with my belief that while Florida was the leading indicator going into the recession it will ultimately also lead the economy out of the recession.

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