Good news! A strong forecast for the south Florida economy, even looking two and three years out. Click title for link.
With tourism, retail and construction booming, Fort Lauderdale-area businesses forecast solid growth through 2014, according to a quarterly report Thursday by the Council of Economic Advisors.
Challenges will be recruiting and retaining employees as competitors raise wages, said the council, a group of 29 leaders representing 18 market segments.
"There was a lot more confidence not only for next three months, but also for next two to three years," said Richard Clark, chairman of the group.
Of the Council members, 68 percent said they were experiencing upward pressure on wages, compared with the same quarter in 2013, with 21 percent reporting "much more pressure."