Fishkind Industry News page block
01/10/2013 - 9:47am in Industry News
By Bill DiPaolo - Palm Beach Post Staff Writer
A “veil of uncertainty” among consumers and investors is crushing economic recovery statewide and in Palm Beach County, Florida economist Henry Fishkind said Wednesday.
To read more go to: Lack of Consumer Confidence Holds Back Economy
12/19/2012 - 12:32pm in Industry News
By Nick Timiraos
Home prices finally hit a bottom in 2012. So will 2013 be the year of recovery or relapse? This is the second in a series of blog posts about where housing is headed next year.
12/19/2012 - 9:21am in Industry News
The expectation for prices to continue rising is creating urgency among consumers to buy now, according to a Redfin survey of 1,084 active homebuyers.
12/19/2012 - 9:16am in Industry News
Home-price forecasts for 2013 are on the rise.
J.P. Morgan Chase & Co. expects U.S. home prices to rise 3.4% in its base-case estimate and up to 9.7% in its most bullish scenario of economic growth. Standard & Poor’s, which rates private-issue mortgage bonds, on Friday said it expects a 5% rise in 2013.
11/27/2012 - 12:41pm in Industry News
QUESTION: President Barack Obama and congressional leaders are working to avoid the end-of-the-year crisis that’s become known as the fiscal cliff. Is the uncertainty over the looming crisis already having an impact on our state’s economy?
FISHKIND: Business investment already fell off the fiscal cliff. Over the past few quarters, businesses have been very reluctant to invest or to hire when faced with these types of uncertainties. Similarly, households have also been a bit reluctant faced with the uncertainties, and governments also can’t fully make their budgets for 2013. So with this appropriate sensitivity, economic growth is slower than it would have otherwise been.
11/05/2012 - 2:40pm in Industry News
QUESTION: Hurricane Sandy slammed into the northern Atlantic Coast earlier this week, killing dozens of people and leaving millions without electricity. Do storms that make landfall hundreds of miles away have a major economic impact in Florida?
FISHKIND: It’ll have a very significant effect, even here in Florida, because we depend, in part, on the Northeast and the Middle Atlantic states for our tourism, for our retirement, for our seasonal residents.
10/30/2012 - 12:54pm in Industry News
GRAND BAYOU, La. - Most decisions about the details of a huge class-action settlement of damage claims from the 2010 Gulf of Mexico oil spill will come from stately offices and a federal courtroom in New Orleans.
10/29/2012 - 4:49pm in Industry News
QUESTION: In addition to federal, local and state races, Florida voters will find 11 proposed constitutional amendments on the November ballot. Some amendments promise to offer various tax breaks and incentives for Floridians, including military veterans and senior citizens.What type of impact could these amendments have?
FISHKIND: They’re all very nice sounding, (but) they would benefit a very small group of people. The economic impacts are very small, but it just adds additional complications to our property tax system that’s already riddled and perplexed and filled with all kinds of provisions like this.
10/29/2012 - 3:25pm in Industry News
QUESTION:The presidential candidates met for their third and final debate at Lynn University in Boca Raton on Monday. What are the economic implications of the candidates’ positions on several issues beginning with national defense?
FISHKIND: Republican Mitt Romney believes that it’s necessary to build up the U.S. military to protect the United States and that’s an overriding theme of his foreign policy approach . He proposes to increase defense spending from current levels by $2 trillion over the next 10 years. Florida has a very large defense base system and it’s home to a lot of defense jobs.
For more of this inteview, go to Candidate's Views Carry Big Implications