WEG Rolling Loud Economic Impact Study Mentioned in Billboard Magazine

In just a matter of four years, Rolling Loud earned the crown as the premier hip-hop festival in the country. Curated by co-founders Matt Zingler and Tariq Cherif, Rolling Loud has played an integral role in boosting the economy of Miami with its robust lineup and diversified acts. Last May, their starry festival -- which included performances by Lil WayneFutureKendrick Lamar and Travis Scott -- wheeled in a whopping $76 million for the Miami economy, according to The Washington Economics Group. Read full story

WEG Founder and Principal Advisor Quoted on Sun-Sentinel: Bitcoin

In the February 2, 2018 article published in Sun-Sentinel on the Bitcoin -- the world's first decentralized digital currency -- Tony Villamil, a long-time South Florida economist, who is The Washington Economics Group Founder and Principal, was interviewed by David Lyons, saying that "To me, a currency has to be have underlying value. For example, the dollar is backed by the United States and regulated by a central bank. He also added, "I'm watching it, but I don't know what the endf result will be." Read full story.

WEG Study Mentioned by LegacyShield Business Wire PR

LegacyShield, a cloud-based legacy planning platform announced the the Florida Venture Forum (FVF) has invited founders Michael Babikian and Dan Pierson to present at its 26th annual conference in Ft. Lauderdale. the FVF is a leading entrepreneurial and private investor networking group in Florida that provides education, guidance and preparation to small businesses. According to a study by The Washington Economics Group via the Tampa Bay Business Journal, the FVF had an $8.77 billion economic impact statewide between 2000 and 2016. Read full Press Release

Florida Realtors 2018 Real Estate Trends: What Ahead for Florida Real Estate?

Among several highly respected economists and business data experts, Dr. Tony Villamil, Founder and Senior Avisor of The Washington Economics Group, Inc. (WEG) will share his insights on the U.S. and Florida economic outlook at Florida Realtors® 2017 Florida Real Estate Trends on Jan. 25, 2018, from 12:30 p.m. to 2:30 p.m. The session is a highlight of Florida Realtors' annual Mid-Winter Business Meetings, which take place from Jan. 24-27, 2018, at the Renaissance Orlando at SeaWorld, 6677 Sea Harbor Drive, Orlando, Fla., 32821.


Economist Forecast a Rosy 2018 for Florida, Lakeland-Winter Haven Area

At the 31st Annual Economic Forecast Breakfast, sponsored by the 85-year-old Lakeland financial-advising firm Allen & Company, 800 local business executives gathered to hear the vibrant economic conditions throughout 2018 and into the following year. For the state and local economic forecast, the audience once again heard from Tony Villamil, Founder and Senior Advisor of the Washington Economics Group, Inc. (WEG), that "Florida and the Lakeland-Winter Haven MSA will continue economic expansion at a rate above the national average, and that the new federal tax policy will be a positive for Florida."  He added also that the Central Florida region again led the state in 2017.  Read full story

UF Advisory Board Breakfast

The Washington Economics Group, Inc. (WEG) Senior Advisor, Tony Villamil, a nationally recognized business economist, with over thirty-five years of successful career as a senior economist will be presenting  the Outlook for the Florida Real Estate Market for 2018 at the UF Advisory Board Breakfast. The breakfast will be held on January 17 in the Board Room of the Riviera County Club, Coral Gables at 8:00 AM.-

WEG Study on the Impacts of Surf Ranch Impacts Highlighted in South Florida Business Journal

In a few years, the best waves in South Florida won't be at the beach...they will be in northwest Palm Beach County at a wave park designed by surfing legend Kelly Slater after the Palm Beach County Commission unanimously approved zoning change for Surf Ranch Florida within the Palm Beach Park of Commerce.  According an economic impact study the developer ordered from The Washington Economics Group, Surf Ranch Florida would create 307 direct jobs and $45 million in direct economic impacts during construction and when the Park is open and fully operational, would support 236 direct jobs and direct economic impact of $22 million....read full article.

Villamil: September payrolls fell as Hurricane Irma imposed $7.5 billion economic loss on South Florida

In an article published by the Sun-Sentinel on October 19, Tony Villamil, Founder and Principal of The Washington Economics Group, Inc. said that Irma had a "short-term impact" on payroll and economic losses. He added "We are able to recover fairly quickly compared to what could have been if the eye had come through Miami-Dade and Broward.....We are growing faster than the nation....We'll get back to it in 2018 or sooner when the snowbirds come down." Read full article

Institute for Commercialization of Public Research Delivers $970 Million Impact to Florida

The Institute for Commercialization of  Public Research (the Florida Institute) announced today results of a new study conducted by The Washington Economics Group, Inc.® (WEG), a boutique economic consulting firm led by nationally recognized business economist Dr. J. Antonio (Tony) Villamil. The study measured economic impacts of the Institute between during FY 2016-17 to update prior years' studies, and concluded that the organization's impact throughout the state of Floridaincreased significantly as more companies continue to grow, create jobs, raise investment capital and bring innovative products to market.  Highlights of the new study include:

  • overall economic impact for FY2016-17 was $340 million, a 35% increase over FY 2015-16
  • 2,214 total jobs supported in FY2016-17; a total of 6,305 from 2011 – 2017;
  • average earnings per direct job created were $79,680;
  • companies raised in excess of $175 million, inducing capital into Florida that may otherwise have been invested outside the state;
  • GDP impacts of $176 million in FY16-17, a total of $511 million over the six-year period. 
  •  annual return on investment (ROI) to the state of Florida of 26x.

"The economic impacts of the Florida Institute have increased steadily since 2011 due to the support and seed funding that the organization provides to qualified knowledge-based startup companies", said Dr. Tony Villamil, founder and principal of the Washington Economics Group. "These results affect all aspects of the economy including employment, household income, gross domestic product (GDP), and federal, state and local fiscal revenues, making the Florida Institute a key component of the state's economic development strategy, and an important driver of economic vitality and innovation in the state." More......


Florida Venture Forum Unveils New Study Conducted by The Washington Economics Group, Inc.

Miami and Tampa, FL – August 24, 2017 – The Florida Venture Forum (the Forum) announced today results of a new study conducted by The Washington Economics Group, Inc.® (WEG), a boutique economic consulting firm led by nationally recognized business economist Dr. J. Antonio (Tony) Villamil. The study measured economic impacts of the Forum between 2000 and 2016, and concluded that the organization’s activities throughout the state of Florida resulted in a total economic impact of $8.766 Billion over the 16-year study period. Read the complete Press Release

Tony Villamil quoted in Trade Only Today

At a mini-trade symposium panel spearheaded by the National Marine Manufacturers Association on the eve of the Miami International Boat Show, WEG Principal Adviser delivered his presentation entitled "U.S. Global Trade Policy: Shifting Hands." In his remarks he said The losses of these free trade agreements are very specific, adding that the gains are diffused, which makes them hard to measure. As the United States pulled out of the Trans-Pacific Partnership, “obviously China is not going to miss the opportunity to step into the void here,” Villamil said. The event took place on February 15, 2017 at the Four Seasons Hotel Miami. Read full article.

Jose Antonio Villamil Quoted in South Florida Business Journal

Huge oversupply of Miami condos may lead to lower prices, EWM says. The residential brokerage held its 2017 Real Estate Market Outlook Conference on Wednesday at the Downtown Miami Hilton. EWM presented a report on the market in Miami-Dade and Broward Counties, plus an outlook on the economy and transportation.The report said the most compelling factor for the  luxury sales decline was the exchange rate of the U.S. dollar that reduced the buying power for people from countries such as Brazil, Argentina, Russia and Venezuela. Once Brazil and the global economy recovers, that should greatly benefit South Florida real estate, especially in Miami-Dade, said J. Antonio Villamil, Principal of The Washington Economics Group. He expects Brazil's economy to pick up in late 2017 and 2018, but BREXIT could bog down Europe this year. Read Tony's views

Tony Villamil Presented at the One Community One Goal Event

Tony Villamil, Co-Founder and Principal of the Washington Economics Group, Inc. and Chair of the Economic Roundtable of the Beacon Council, presented the economic report and job growth in the target industries of Miami-Dade County at the 2016-One Community One Goal event that took place today at the University of Miami.

WEG President & COO Talks About the Great Divide in Miami-Dade's Children

According to an April 26 Miami Herald article, a child raised in Overtown will live an average of 71 years, while one raised in Brickell Key has a life expectancy of 86 years. Why is there such a large difference in life expectancy for children in Miami? Education, access to healthcare and famility stability are huge factor. In an Op-Ed published in the Miami Herald on September 13, Marielena Villamil, WEG President and COO and Board Member of the United Way of Miami-Dade, commented on the large difference in Miami-Dade's children. Read full Op-Ed

WEG Founder and Principal Presentation on Brexit Implications for South Florida

At the Board of Governors Meeting of the Greater Miami Chamber of Commerce held on Wednesday, July 6 at the Jungle Island , Tony Villamil, Founder and Principal of The Washington Economics Group, Inc. discussed the implications of the United Kingdom to leave the European Union and what it could mean for South Florida, specifically for Miami-Dade County.  Miami-Dade County and South Florida traditionally have had strong economic ties with the U.K.

WEG Founder and Principal Presented the Economic Impacts of the Indian River County Chamber of Commerce

Yesterday, our Founder and Principal, Tony Villamil. presented the economic impacts of the Indian River County Chamber of Commerce's economic development efforts to diversify the County's economic base by attracting high-wage industries for the Indian River economy. The County Commissioners expressed support for the joint efforts by the County and the private sector through the Chamber.

Our Vision

Our vision is to be the preferred economic consulting firm for our clients in Florida, Latin America and nationally. We want to be the economic consulting hub for all businesses, organizations and their activities.

We have the best economic experts and we want professionals to rely on our expert team for smart business decisions.

Why WEG?

Since 1993, WEG has been a growing boutique economic advisor practice in the Florida community. With our extensive track record and outstanding service to clients, we have grown into the economic consulting hub for business decision makers across the US and in Latin America. At WEG, you will get exceptional customer service, a personalized experience and detailed insights from our recognized team of experts, led by Dr. Tony Villamil, a former United States Undersecretary of Commerce and Chief Economist.

WEG can provide you with the best tools to support your business, organization and activities.


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With WEG's services you can make informed business decisions; learn the insights of your target market; acquire smart economic data and research to justify your investment; show the importance of your business’s activity.

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The Washington Economics Group, Inc. 2655 LeJeune Road, Suite 1000, Coral Gables, FL 33134 | T: 305-461-3811 | F: 305-461-3822 | info@weg.com