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

Page 129

SEBRING

Short Term Outlook for Sebring, 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

4.3 -6.0 1.3 2.9

4.3 1.6 1.4 2.9

4.4 3.1 1.4 3.0

4.4 3.4 1.4 3.0

4.4 3.4 1.4 3.0

4.4 3.3 1.4 3.1

4.5 2.4 1.4 3.1

4.5 2.5 1.4 3.1

4.6 3.3 1.4 3.2

4.6 3.4 1.4 3.2

4.6 3.5 1.4 3.2

4.7 3.5 1.4 3.2

4.7 3.6 1.5 3.3

3.9 -11.5

3.9 -4.1

3.9 -2.4

3.9 -1.2

3.9 -0.1

3.9 0.7

3.9 0.3

4.0 0.7

4.0 1.6

4.0 1.7

4.0 1.9

4.0 1.8

4.1 1.7

41.2 37.9

41.4 37.6

42.0 37.8

42.4 37.8

42.5 37.7

42.7 37.8

43.0 37.8

43.3 38.0

43.7 38.2

44.0 38.3

44.3 38.4

44.6 38.5

45.1 38.7

53.3 11.1

53.7 7.5

54.0 5.0

54.3 3.6

54.5 2.4

54.9 2.2

55.3 2.5

56.0 3.2

56.6 3.8

57.2 4.2

57.7 4.4

58.2 4.0

58.8 3.9

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

25.0 -0.6

25.1 -1.2

25.2 -1.7

25.2 -0.3

25.1 0.7

25.1 -0.2

25.0 -0.9

24.9 -1.4

24.8 -1.5

24.7 -1.6

24.6 -1.4

24.6 -1.2

24.6 -0.7

0.6 -2.7

0.6 4.2

0.6 5.4

0.6 9.3

0.6 6.6

0.6 -0.1

0.6 -4.6

0.6 -10.1

0.5 -11.7

0.5 -12.7

0.5 -13.7

0.5 -13.7

0.5 -11.6

24.4 -0.5

24.5 -1.4

24.6 -1.9

24.6 -0.5

24.5 0.6

24.5 -0.2

24.4 -0.8

24.3 -1.2

24.2 -1.2

24.1 -1.3

24.1 -1.1

24.1 -0.9

24.1 -0.4

1.6 1.0

1.7 1.8

1.7 1.9

1.7 3.8

1.7 2.1

1.7 -1.4

1.6 -2.9

1.6 -3.9

1.6 -3.8

1.6 -4.0

1.6 -3.5

1.6 -3.3

1.6 -2.4

5.4 -2.7

5.4 -2.0

5.4 -2.3

5.3 -3.9

5.3 -3.1

5.3 -2.4

5.2 -3.0

5.2 -1.4

5.2 -1.3

5.1 -3.3

5.1 -3.5

5.0 -4.1

5.0 -3.8

0.8 3.8 0.9

0.8 3.7 0.9

0.8 3.7 0.9

0.8 3.6 0.9

0.8 3.6 0.9

0.8 3.6 0.9

0.8 3.6 0.9

0.8 3.6 0.9

0.8 3.5 0.9

0.8 3.4 0.9

0.8 3.3 0.9

0.8 3.3 0.9

0.8 3.3 0.9

0.2 1.9

0.2 0.0

0.2 -5.3

0.2 -11.9

0.2 -7.2

0.2 -13.0

0.2 -13.1

0.2 -15.9

0.1 -16.8

0.1 -15.6

0.1 -11.7

0.1 -7.9

0.1 -3.8

0.9 -4.9

0.9 -6.3

0.9 -3.8

0.9 -1.8

0.9 2.1

0.9 2.5

0.9 2.6

0.9 1.8

0.9 0.3

0.9 0.8

0.9 0.5

0.9 0.5

0.9 0.5

2.5 5.5

2.5 1.5

2.5 -2.6

2.4 -5.3

2.3 -5.1

2.2 -10.0

2.1 -13.8

2.1 -14.7

2.0 -14.4

2.0 -11.0

2.0 -7.5

2.0 -3.8

2.0 -0.5

5.9 -3.5

5.9 -2.2

5.9 -1.9

5.9 -1.2

5.9 0.0

5.8 -0.9

5.8 -1.5

5.8 -1.2

5.9 -0.2

5.9 0.7

5.9 1.1

5.9 0.8

5.9 0.7

3.3 7.9

3.4 3.3

3.5 1.7

3.6 8.9

3.6 9.1

3.7 9.5

3.8 10.3

3.8 6.3

3.8 4.1

3.8 1.6

3.8 0.0

3.8 0.2

3.8 0.7

0.6 -1.7

0.6 -0.9

0.6 -1.7

0.6 -0.6

0.6 1.2

0.6 -1.7

0.6 -2.4

0.6 -1.7

0.6 -0.7

0.6 1.6

0.6 2.6

0.6 3.0

0.6 3.5

0.3 1.3

0.3 0.8

0.3 6.6

0.3 3.3

0.3 1.7

0.3 2.8

0.3 3.0

0.3 3.1

0.3 3.6

0.3 3.7

0.3 3.5

0.3 3.4

0.3 2.9

3.7 -2.7

3.7 -5.4

3.7 -5.3

3.8 -0.8

3.8 2.1

3.8 2.4

3.8 2.1

3.8 1.6

3.9 1.5

3.9 1.6

3.9 1.8

3.9 1.5

3.9 1.1

103.9 1.1

104.0 0.7

104.1 0.5

104.1 0.3

104.2 0.3

104.2 0.2

104.3 0.2

104.4 0.3

104.5 0.3

104.6 0.4

104.8 0.4

104.9 0.5

105.0 0.4

34.5 -1.3

34.7 -1.6

34.9 -0.5

35.2 1.3

35.2 2.1

35.3 1.7

35.3 0.9

35.4 0.5

35.4 0.5

35.5 0.6

35.5 0.6

35.5 0.5

35.6 0.5

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

4.5

4.8

5.1

5.3

5.5

5.9

6.4

6.9

7.2

7.7

7.9

7.9

8.0

481.4 484.9 -3.5

454.7 442.9 11.8

431.9 430.5 1.4

397.2 393.3 3.8

384.7 367.0 17.7

388.4 351.7 36.7

409.7 355.5 54.2

410.5 350.0 60.5

402.2 345.5 56.6

398.1 339.0 59.1

410.9 348.7 62.3

410.7 345.0 65.8

413.3 344.3 69.0

Institute for Economic Forecasting

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Industry Location Quotient

3min
pages 150-152

The Villages........................................................................................140

13min
pages 144-148

West Palm Beach-Boca Raton-Boynton Beach................145

4min
page 149

Tampa–St. Petersburg–Clearwater ..........................................135

11min
pages 139-143

Sebastian–Vero Beach...................................................................120

12min
pages 124-128

Tallahassee...........................................................................................130

12min
pages 134-138

Punta Gorda.......................................................................................... 115

12min
pages 119-123

Sebring.................................................................................................. 125

12min
pages 129-133

Panama City ......................................................................................100

12min
pages 104-108

Pensacola–Ferry Pass–Brent ..................................................... 105

12min
pages 109-113

Port St. Lucie........................................................................................110

11min
pages 114-118

Palm Bay–Melbourne–Titusville ....................................................95

11min
pages 99-103

Orlando–Kissimmee–Sanford....................................................... 90

12min
pages 94-98

North Port–Sarasota–Bradenton................................................ 80

12min
pages 84-88

Ocala .........................................................................................................85

12min
pages 89-93

Naples–Immokalee–Marco Island ................................................ 75

12min
pages 79-83

Jacksonville............................................................................................55

11min
pages 59-63

Lakeland–Winter Haven .................................................................. 60

12min
pages 64-68

Miami–Fort Lauderdale–West Palm Beach.............................65

11min
pages 69-73

Miami-Miami Beach-Kendall...........................................................70

12min
pages 74-78

Homosassa Springs........................................................................... 50

11min
pages 54-58

Fort Lauderdale-Pompano Beach-Sunrise............................40

13min
pages 44-48

Florida Forecast Charts ...................................................................20

1min
page 23

Deltona–Daytona Beach–Ormond Beach ...............................35

12min
pages 39-43

Cape Coral–Fort Myers..................................................................... 25

11min
pages 29-33

Florida News Summaries................................................................. 23

11min
pages 24-28

Gainesville...............................................................................................45

11min
pages 49-53

Crestview–Ft. Walton Beach–Destin......................................... 30

12min
pages 34-38

Florida Highlights and Summary.....................................................5

13min
pages 13-18
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