F ort L auderdale - P ompano B each - S unrise
Short Term Outlook for Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (Division of Miami MSA) December 2021 Forecast 2021:Q4
2022:Q1
2022:Q2
2022:Q3
2022:Q4
2023:Q1
2023:Q2
2023:Q3
2023:Q4
2024:Q1
2024:Q2
2024:Q1
2024:Q2
113.6 3.8 56.6 57.0
113.9 -7.0 57.7 56.2
114.9 -0.2 58.4 56.5
116.1 1.8 59.1 57.0
116.9 2.9 59.6 57.3
117.5 3.2 60.1 57.4
118.4 3.0 60.5 57.9
119.4 2.8 61.0 58.4
120.5 3.1 61.6 58.9
121.8 3.6 62.2 59.6
123.1 4.0 62.9 60.2
124.5 4.3 63.6 60.9
126.0 4.6 64.4 61.6
Real Personal Income (12$) Pct Chg Year Ago
87.7 -0.9
87.6 -10.6
88.0 -3.1
88.4 -0.5
88.6 1.0
88.8 1.3
89.0 1.2
89.3 1.0
89.7 1.3
90.2 1.6
90.8 2.0
91.3 2.2
91.9 2.4
Per Capita Income (Ths) Real Per Capita Income (12$)
58.9 45.5
59.0 45.4
59.5 45.6
60.1 45.8
60.4 45.8
60.7 45.8
61.0 45.8
61.3 45.9
61.7 46.0
62.2 46.1
62.7 46.2
63.3 46.4
63.8 46.6
Average Annual Wage (Ths) Pct Chg Year Ago
67.3 1.8
67.8 1.9
68.2 1.7
68.6 2.0
68.8 2.3
69.1 1.9
69.5 1.8
69.8 1.8
70.2 2.0
70.7 2.3
71.3 2.6
71.8 2.9
72.5 3.3
Personal Income (Billions $) Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
837.6 3.6
846.9 4.2
852.8 4.4
857.5 3.7
861.9 2.9
865.6 2.2
867.9 1.8
869.9 1.5
873.2 1.3
876.0 1.2
878.9 1.3
882.2 1.4
885.0 1.4
Manufacturing Pct Chg Year Ago
27.6 1.5
27.6 1.6
27.6 3.6
27.5 1.0
27.7 0.5
27.8 0.7
27.8 0.6
27.7 0.8
27.7 -0.1
27.6 -0.6
27.6 -0.8
27.5 -0.7
27.5 -0.7
Nonmanufacturing Pct Chg Year Ago
810.0 3.7
819.3 4.3
825.2 4.5
829.9 3.8
834.2 3.0
837.8 2.3
840.1 1.8
842.2 1.5
845.5 1.4
848.4 1.3
851.4 1.3
854.7 1.5
857.5 1.4
50.7 4.1
50.4 1.2
50.2 1.6
50.1 -1.3
49.9 -1.6
49.6 -1.5
49.4 -1.6
49.4 -1.5
49.4 -1.2
49.3 -0.6
49.4 -0.1
49.4 0.1
49.5 0.2
Trade, Trans, & Utilities Pct Chg Year Ago
190.9 2.0
190.1 1.6
189.9 2.1
191.0 1.5
189.5 -0.7
188.9 -0.6
190.4 0.3
189.8 -0.6
190.1 0.3
189.0 0.0
186.7 -1.9
186.4 -1.8
186.1 -2.1
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
50.2 104.6 36.1
51.0 102.3 36.8
52.1 100.5 37.3
54.2 98.6 38.2
54.8 96.5 38.2
55.6 95.1 38.3
55.7 96.9 37.9
56.1 96.0 37.7
56.7 95.8 37.7
57.3 93.8 37.9
58.1 90.4 38.3
58.5 89.4 38.5
59.0 88.5 38.7
Information Pct Chg Year Ago
19.4 3.9
19.7 6.8
19.7 8.0
20.0 5.4
19.8 1.6
19.9 1.0
20.0 1.6
20.1 0.3
20.4 3.4
20.7 4.2
21.0 4.6
21.0 4.6
21.1 3.2
Financial Activities Pct Chg Year Ago
63.5 -1.4
64.8 1.4
66.5 6.6
68.2 7.5
68.5 7.7
68.7 6.1
68.5 2.9
68.5 0.5
68.6 0.1
68.6 -0.1
68.8 0.4
68.9 0.6
69.0 0.7
Prof & Business Services Pct Chg Year Ago
142.3 -1.7
148.9 2.7
150.3 4.9
149.7 5.2
150.0 5.5
151.2 1.6
150.7 0.2
151.1 0.9
152.4 1.6
154.5 2.1
157.1 4.2
158.9 5.2
160.5 5.3
Educ & Health Services Pct Chg Year Ago
111.5 3.2
112.1 3.5
115.0 7.1
115.1 5.0
113.8 2.0
113.9 1.6
113.1 -1.7
113.1 -1.8
113.5 -0.3
114.3 0.4
115.3 1.9
116.0 2.6
116.4 2.6
Leisure & Hospitality Pct Chg Year Ago
93.0 24.1
92.3 16.9
90.5 1.2
91.1 1.4
96.6 3.9
98.6 6.8
100.6 11.2
102.7 12.8
103.2 6.8
103.3 4.8
104.1 3.4
104.3 1.5
104.5 1.3
Other Services Pct Chg Year Ago
34.5 13.2
35.4 12.4
36.9 11.3
38.2 13.1
38.7 12.3
39.0 10.1
38.9 5.5
38.9 1.8
39.0 0.8
39.3 0.8
39.8 2.2
40.2 3.6
40.7 4.3
Federal Government Pct Chg Year Ago
6.9 -6.9
6.9 -4.8
6.8 -2.0
6.8 -1.1
6.8 -1.4
6.8 -0.5
6.9 0.4
6.9 1.4
6.9 2.3
7.0 2.4
7.0 2.4
7.1 2.5
7.1 2.8
State & Local Government Pct Chg Year Ago
97.2 0.8
98.6 3.3
99.2 6.0
99.8 4.5
100.6 3.5
101.1 2.5
101.5 2.3
101.8 2.0
102.0 1.4
102.2 1.1
102.3 0.8
102.5 0.7
102.6 0.5
Population (Ths) Pct Chg Year Ago
1928.2 -0.4
1928.8 -0.2
1930.2 0.1
1932.0 0.2
1934.5 0.3
1937.8 0.5
1941.9 0.6
1946.4 0.7
1951.7 0.9
1957.1 1.0
1962.7 1.1
1968.3 1.1
1974.0 1.1
Labor Force (Ths) Pct Chg Year Ago
1056.5 6.7
1064.3 5.1
1068.3 3.7
1071.1 2.7
1073.4 1.6
1075.1 1.0
1076.5 0.8
1077.2 0.6
1079.0 0.5
1080.2 0.5
1082.5 0.6
1085.8 0.8
1090.2 1.0
Construction & Mining Pct Chg Year Ago
Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
44
4.8
4.7
4.5
4.3
4.1
4.0
3.9
3.9
3.8
3.8
3.7
3.8
3.7
3489.6 1574.9 1914.7
3898.1 1626.3 2271.7
4318.3 1740.1 2578.2
4996.9 1840.8 3156.1
5594.8 1960.2 3634.6
6118.4 2072.3 4046.1
6468.0 2177.6 4290.5
6701.7 2313.3 4388.4
6890.5 2429.3 4461.2
6967.3 2473.2 4494.1
6962.3 2514.1 4448.2
7013.0 2594.0 4419.0
7010.8 2640.2 4370.6
Florida & Metro Forecast / Fall 2021