Has Florida's economy hit bottom?

By Roger Reynolds

Manpower's 3rd quarter 2008 survey says YES for most areas in Florida!

When businesses in Florida were asked about their 3rd quarter employment plans (increase, decrease, no change or did not know), most areas in Florida showed planned net increases.

Following is a chart showing survey results by region:

DATA SOURCE: Manpower Inc. INCREASE NO CHANGE DECREASE DON'T KNOW NET (INC-DEC)
BOCA RATON 30% 60% 7% 3% 23%
BROWARD COUNTY 7% 66% 7% 20% 0%
DAYTONA BEACH 28% 45% 3% 24% 25%
FORT MYERS/NAPLES 21% 48% 17% 14% 4%
FORT WALTON BEACH 17% 80% 3% 0% 14%
GAINESVILLE 7% 60% 33% 0% -26%
JACKSONVILLE 27% 63% 10% 0% 17%
LAKELAND 27% 53% 13% 7% 14%
MELBOURNE 23% 61% 8% 8% 15%
MIAMI 40% 20% 20% 20% 20%
OCALA 10% 70% 17% 3% -7%
ORLANDO 0% 40% 44% 16% -44%
PANAMA CITY 17% 76% 7% 0% 10%
PENSACOLA 23% 47% 23% 7% 0%
SARASOTA 20% 67% 3% 10% 17%
ST. JOHNS COUNTY 23% 54% 23% 0% 0%
ST. LUCIE COUNTY 27% 53% 20% 0% 7%
STUART 3% 94% 3% 0% 0%
TALLAHASSEE 20% 63% 7% 10% 13%
TAMPA/ST. PETERSBURG 8% 46% 46% 0% -38%
WEST PALM BEACH 14% 35% 17% 34% -3%
STATE AVERAGE: FLORIDA 20% 55% 16% 9% 4%

We need to remember in economic down times there is an opportunity to increase our market share if we have a positive attitude and just keep working. Market share is the key to success. If you can increase your market share eventually good things are going to happen.

During bad times competitors close, cut-back on service, and lose key employees. If you can maintain your level of service and keep quoting bright days are ahead.

To steal a few lines from Rudyard Kipling's poem IF --

If you can keep your head when all about you
are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you....
Yours is the Earth and everything that's in it.

 

We have included the complete poem here for your convenience.

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