ThinkSouth -- a weblog of the Center for a Better South

11.16.2009

11/16: Study shows FL at risk for fiscal calamity

Orlando Sentinel: Study shows Florida is at risk for fiscal calamity

Florida, with an economy built on rapid growth, is experiencing a worse slowdown in its economy than other states. A study last week by the Pew Center on the States identified Florida as one of the states at risk of fiscal calamity and cited its reliance on population growth as contributing to its economic woes.

"Florida's population is shrinking -- a disturbing trend for a state that has built its economy, and structured its state budget, on the assumption that throngs of new residents will move to its sunny shores each year," said the report.

However, what might seem like slow growth for Florida is still higher than in much of the rest of the nation, William Frey of The Brookings Institution said. Even if Florida growth slows to 2 percent a year, that's still twice the national average.

Also in the South:

ALABAMA: Study says state may not recover jobs until 2013

ARKANSAS: State gets research edge with tobacco funds

FLORIDA: Sink says state ban on gay adoption must go

GEORGIA: State House speaker says he tried to commit suicide

KENTUCKY: Anonymous online attacks seen in state's Senate race

LOUISIANA: Committee to consider lifting oyster moratorium

MISSISSIPPI: State BOE to vote on school accountability plan this week

NORTH CAROLINA: Fees at community colleges jump nearly three times over last year

SOUTH CAROLINA: Lawmakers consider new property tax rules

TENNESSEE: State's H1N1 immunization system is model for others

VIRGINIA: New leaders elected to state's Democratic House caucus


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