CFO Jimmy's Patronis' Seal

2022 Press Releases


CFO PATRONIS RELEASES REPORT ON FLORIDA’S ECONOMIC RESILIENCY

5/24/2022

~Details How Gov. DeSantis’ Anti-Lockdown Policies Strengthened the Fla. Economy~

TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued a report from the Department of Financial Services entitled “Florida’s Economic Resilience,” which outlines how Florida’s economy outpaced the nation as a result of the anti-lockdown policies of Governor Ron DeSantis.

CFO Patronis said, “While we had a sense that Governor DeSantis’ willingness to fight back against lockdowns led to more wealth and opportunities in our state - we’ve now have the data to back it up. Following a detailed analysis by my office, it’s clear that the Governor is to be credited with creating a Florida economy that is more resilient. Even with a pandemic that ravaged global markets, Florida still had certain sectors that never took a hit. In fact, Florida’s economy grew at a 1.25% greater pace than the U.S. economy. This is no coincidence, and I’m proud to make this report available to the public so the rest of the nation can have a roadmap on how to properly manage their economy.”

KEY FINDINGS OF FLORIDA’S ECONOMIC RESILIENCE REPORT:

  • Even after the global pandemic, Florida’s economy continued to grow and outpace the US economy.
  • Florida’s finance and real estate industries suffered no economic dip due to Covid-19.
  • Florida’s COVID-19 policies allowed Florida’s economy to a make a quick rebound, leading to exceptional growth.

Read the full report HERE

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