Florida TaxWatch economic forecast projects cooling Florida figures in 5 years

Florida TaxWatch economic forecast projects cooling Florida figures in 5 years

A Florida TaxWatch report projects that the number of people moving to Florida will begin to slow running through the year 2028.

The government watchdog group is beginning a new economic outlook forecast for the state. In the initial report in what will be regular quarterly forecasts, Florida TaxWatch said the state’s population will continue to increase. But the pace of that increase will begin to ease up.

The increase in population between 2023 through 2028 is expected to increase by about 1.45 million people, TaxWatch predicts. That would mean the current population of 22.7 million will increase to about 24.1 million in 2028.

But the rush to move to Florida by residents of other states wi...

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