Robert Trigaux column: How's Florida's economy doing? C-plus with room to improve
How's the Florida economy doing? I'm feeling generous in the new year. I'm thinking C-plus.
Sure beats a D. It's been that bad out there. With luck, next year we may even get a B.
The state economy's better off than it was a year ago. Our new governor's focus on jobs, jobs, jobs may seem myopic to many, but it's helping at least a bit. Unemployment is dropping, slow and steady.
But the goals of becoming the Nation's Most Irresistible Business State with super-low corporate taxes and leaner regulation and bureaucracy have proved more challenging in a fiscally challenged era.
Those high-profile companies touted early on by Gov. Scott – the Chicago Mercantile Exchange, for one – that flirted with us were probably never serious about relocation. But Florida was a handy foil to squeeze some tax concessions back home in Illinois.
Don't count on those other states to slumber away as economic rivals steal their mojo.