Pensacola FL (NewsRadio 92-3) The Florida Chamber of Commerce released their economic forecast for 2025 and it notes that Florida's economic growth will outpace the nation, but the caveat is we will likely not be insulated from tariff related costs. The Florida labor market is steady, with a prediction of annual growth of 1 to 1.25 per cent, and the unemployment rate hanging around 3.6 to 3.8 per cent. Our housing market in 2025 is predicted to cool off a bit from the rising prices of 2024. Increasing housing supply is expected to continue to stabilize prices. Should interest rates decline, the housing market would see more stimulation.

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