• State economists are saying that travel and tourism sectors are in a depression. And they’re predicting that Central Florida’s tourism-dependent economy may not recover for two or three years. Economic analyst Dr. Hank Fishkind agrees that’s a fair estimate, but not the whole story.
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• Recent reports say the US unemployment rate fell to 8.4% in August and 1.4 million jobs were generated. Also, the Centers for Disease Control and Prevention has banned evictions through December, and, locally, tourist development tax collections in Orange County have improved. While this all sounds encouraging, economic analyst Dr. Hank Fishkind says the recovery is very slow and getting slower.
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• The economic recovery is slowing down, and it’s benefiting some groups of people more than others. Economic analyst Dr. Hank Fishkind explains why the recovery is tapping the brakes, who’s having an easier time with it, and what comes next.
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• Jobs numbers during the pandemic can be difficult to understand, with data points that seem to conflict. For instance, Florida just reported an uptick of 80,000 jobs in July, but the unemployment rate also increased. Economic analyst Dr. Hank Fishkind helps make sense of things, advising us to be prepared for a long recovery ahead.
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• Housing markets are one of the few bright spots in the national economy. 90.7’s Matthew Peddie spoke to economic analyst Hank Fishkind about why housing markets- particularly those in Central Florida- can be so strong during this recession.
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• Economic analyst Hank Fishkind is not an epidemiologist, but the statistical and mathematical models he uses in his work are similar. Fishkind says he has run the numbers on a full reopening of brick-and-mortar schools, and he is sounding the alarm about what he found.
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• Economic analyst Hank Fishkind says consumer confidence is falling as the coronavirus surges, and many more potential travelers are opting to stay home as health safety questions linger.
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