Amid stubborn inflation, the surging cost of living and constant angst at the gas pump, Sarasota has not been immune to the national trends that have pushed the economy into a downspin.
Sean Snaith, the director of the University of Central Florida’s Institute for Economic Forecasting, presented a snapshot of the local economic situation this week to the Sarasota County Commission.
Florida is experiencing what Snaith described as a “ho-hum labor market.” Meanwhile, both bankruptcies and credit card delinquencies are on the rise…