Miami Herald - Business Monday - CEO Roundtable - CEOs assess South Florida’s economy for 2017

This week’s question: Job growth in Miami was slow this year, compared to other areas of Florida, thanks to a recession in Latin America and Zika. What do you expect for South Florida’s economy in 2017?

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I anticipate South Florida’s economy in 2017 to be slightly stronger than 2016, as this past year has been one of “wait and see” to a certain degree due to political uncertainty. With the election behind us, Zika seemingly no longer a threat to our region, and the Fed increasing the interest rate — and is expected to do so again marginally, which may cause cautious decision-making in the market — we foresee no drastic or worrisome lulls in activity. With pro-growth messages coming from the incoming political administration, the stock market has reacted positively, and the same seems true for much of the business world. So, barring any unexpected geopolitical occurrences, I am optimistic that 2017 will roll out with a slight increase of business volume over last year.

Donna Abood, principal and managing director, Avison Young

Read more here: http://www.miamiherald.com/news/business/biz-monday/article127134809.html#storylink=cpy