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Florida's outlook remains bright
January 17, 2005 -
BY GREGG FIELDS
gfields@herald.com
Final figures for 2004 aren't in, but November employment was 160,500 over a year ago.
Tony Villamil, a Miami economist, believes vitality could taper off a bit in 2005. For one thing, the Federal Reserve appears set to continue raising interest rates, which could take some wind out of real estate's sales.
"It's going to be a mixed bag," said Villamil. "We have population-driven growth. But we'll see much slower new construction employment."
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