Fishkind Conversations: How The Recovery Could Play Out For Central Florida – Fishkind Economic Commentaries
Hank Fishkind. Photo: Matthew Peddie, WMFE
Real GDP grew at a booming 6.5% annualized rate in the first quarter, according to last week’s report from the Commerce Department. WMFE’s Matthew Peddie talks with economic analyst Dr. Hank Fishkind, president of Fishkind Litigation Services about the prospects for the United States and Florida’s economies.
Matthew Peddie: Hank, it looks like the US economy is up and running, what can we expect going forward?
Hank Fishkind: Yeah, it sure is. You know, consumers led the charge in the first quarter, but we had strong amounts of business investment, and home building was robust, and inventories were drawn down. So they have to be rebuilt. So all of that means that we’re going to have some of the strongest economic growth over the next two years, probably since the 1950s. You…