Florida Metro Forecast Spring 2022 from the UCF Institute of Economic Forecasting

Page 114

P O R T S T. L U C I E

Short Term Outlook for Port St. Lucie, FL

June 2022 Forecast

Personal Income (Billions $)

Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income Real Personal Income (12$) Pct Chg Year Ago Per Capita Income (Ths) Real Per Capita Income (12$) Average Annual Wage (Ths) Pct Chg Year Ago

2022:1

2022:2

2022:3

2022:4

2023:1

2023:2

2023:3

2023:4

2024:1

2024:2

2024:3

2024:4

2025:1

31.9 -3.4 9.4 22.6

32.4 4.5 9.6 22.8

33.0 6.0 9.7 23.2

33.3 5.7 9.8 23.5

33.5 5.0 9.8 23.7

33.8 4.3 9.9 23.9

34.1 3.4 9.9 24.2

34.4 3.4 10.0 24.4

34.8 3.9 10.1 24.7

35.1 3.8 10.1 24.9

35.4 3.8 10.2 25.2

35.7 3.8 10.3 25.4

36.1 3.7 10.4 25.7

27.6 -9.1

27.7 -1.4

27.9 0.3

28.0 1.0

28.0 1.4

28.1 1.7

28.3 1.3

28.4 1.5

28.6 2.2

28.7 2.1

28.9 2.2

29.0 2.1

29.2 1.9

62.7 54.2

63.3 54.1

64.2 54.4

64.7 54.4

64.9 54.3

65.3 54.3

65.7 54.4

66.2 54.6

66.8 54.9

67.1 55.0

67.6 55.1

68.0 55.2

68.6 55.4

57.4 11.3

57.8 7.6

58.2 5.2

58.5 4.0

58.8 2.4

59.1 2.2

59.5 2.2

60.1 2.8

60.7 3.2

61.2 3.6

61.7 3.7

62.1 3.3

62.6 3.1

Establishment Employment (Place of Work, Thousands, SA)

Total Employment Pct Chg Year Ago Manufacturing Pct Chg Year Ago Nonmanufacturing Pct Chg Year Ago Construction & Mining Pct Chg Year Ago Trade, Trans, & Utilities Pct Chg Year Ago Wholesale Trade Retail Trade Trans, Wrhsng, & Util Information Pct Chg Year Ago Financial Activities Pct Chg Year Ago Prof & Business Services Pct Chg Year Ago Educ & Health Services Pct Chg Year Ago Leisure & Hospitality Pct Chg Year Ago Other Services Pct Chg Year Ago Federal Government Pct Chg Year Ago State & Local Government Pct Chg Year Ago

162.3 3.6

164.8 4.1

165.9 3.5

166.1 3.2

166.1 2.3

166.3 0.9

166.1 0.1

165.7 -0.2

165.3 -0.5

164.9 -0.8

164.8 -0.8

164.7 -0.6

165.0 -0.2

8.0 6.9

8.3 11.5

8.4 7.1

8.5 7.7

8.5 6.5

8.5 2.9

8.5 0.8

8.5 -0.9

8.4 -1.8

8.3 -2.7

8.2 -3.6

8.1 -4.1

8.1 -3.2

154.3 3.4

156.5 3.8

157.4 3.3

157.5 3.0

157.6 2.1

157.8 0.8

157.6 0.1

157.2 -0.2

156.9 -0.4

156.6 -0.7

156.6 -0.6

156.6 -0.4

156.9 0.0

12.6 -1.1

12.9 1.6

12.9 2.4

12.9 2.8

12.8 1.8

12.7 -1.7

12.6 -2.3

12.5 -2.7

12.4 -2.6

12.4 -2.6

12.3 -2.3

12.3 -2.1

12.3 -1.4

33.6 4.0

33.6 3.8

33.4 1.6

32.6 -1.9

32.2 -4.3

32.1 -4.5

31.8 -5.1

31.6 -3.3

31.2 -3.1

30.6 -4.6

30.4 -4.3

30.2 -4.4

30.0 -3.8

4.8 22.6 6.2

4.9 22.5 6.2

5.0 22.3 6.2

5.0 21.6 6.1

5.1 21.1 6.1

5.1 21.1 5.9

5.1 20.8 5.9

5.1 20.6 5.9

5.2 20.1 5.9

5.2 19.4 6.0

5.3 19.2 6.0

5.3 18.9 6.0

5.3 18.7 6.0

1.2 13.3

1.3 8.5

1.2 1.9

1.2 0.8

1.2 0.1

1.2 -7.2

1.1 -7.1

1.1 -9.7

1.1 -10.2

1.1 -7.4

1.1 -3.2

1.1 0.0

1.1 2.4

6.3 3.4

6.3 4.4

6.4 1.9

6.5 4.6

6.6 4.6

6.6 4.4

6.7 3.8

6.7 3.1

6.8 1.8

6.8 2.7

6.8 2.3

6.8 1.9

6.8 1.4

23.8 2.8

24.3 5.9

24.4 5.8

24.3 3.3

24.2 1.7

23.8 -1.8

23.5 -3.7

23.2 -4.4

23.1 -4.7

22.9 -4.1

22.7 -3.2

22.7 -2.2

22.9 -0.8

28.3 0.4

28.7 1.6

29.0 2.7

29.1 2.6

29.2 3.0

29.3 2.0

29.4 1.3

29.6 1.8

29.9 2.7

30.2 3.1

30.4 3.5

30.5 3.2

30.7 2.4

20.8 10.4

21.4 4.9

21.7 4.1

22.5 9.1

22.7 9.1

23.3 8.8

23.7 9.0

23.5 4.7

23.3 2.6

23.3 0.1

23.3 -1.4

23.3 -0.9

23.2 -0.2

8.2 4.4

8.4 5.3

8.5 4.7

8.4 3.9

8.5 2.8

8.4 -0.2

8.4 -0.6

8.5 0.2

8.6 1.4

8.7 3.9

8.8 5.0

9.0 5.7

9.1 5.6

1.0 0.5

1.0 3.7

1.1 10.4

1.1 2.3

1.1 2.9

1.1 2.3

1.1 1.0

1.1 0.0

1.1 -0.7

1.0 -1.4

1.0 -2.0

1.0 -2.4

1.0 -2.3

18.3 2.6

18.5 3.3

18.8 3.4

19.0 4.6

19.1 4.3

19.3 4.2

19.4 3.3

19.5 2.5

19.5 2.0

19.6 1.5

19.6 1.2

19.7 1.3

19.8 1.3

509.6 1.9

511.3 1.5

513.0 1.4

514.4 1.3

516.0 1.3

517.7 1.3

519.2 1.2

520.2 1.1

521.3 1.0

522.5 0.9

523.7 0.9

525.1 0.9

526.4 1.0

225.5 2.1

227.5 1.5

230.1 2.1

231.7 3.0

232.4 3.1

232.9 2.3

233.0 1.3

233.1 0.6

232.9 0.2

232.9 0.0

232.7 -0.1

232.6 -0.2

232.6 -0.1

Other Economic Indicators Population (Ths) Pct Chg Year Ago Labor Force (Ths) Pct Chg Year Ago Unemployment Rate (%) Total Housing Starts Single-Family Multifamily

114

3.4

3.7

4.1

4.4

4.7

5.1

5.6

6.0

6.4

6.7

6.8

6.9

6.9

7370.8 5459.7 1911.0

6563.0 4778.7 1784.3

5775.8 4404.7 1371.1

5035.1 3898.4 1136.7

4677.4 3600.0 1077.4

4486.2 3481.1 1005.2

4467.5 3432.7 1034.8

4307.8 3340.8 966.9

4190.5 3278.2 912.3

4157.2 3229.0 928.1

4288.7 3330.3 958.4

4292.0 3314.3 977.7

4299.4 3314.3 985.1

Florida & Metro Forecast / Spring 2022


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Florida Metro Forecast Spring 2022 from the UCF Institute of Economic Forecasting by UCF College of Business - Issuu