Florida TaxWatch forecasts ‘welcome rebound’ from economic uncertainty

In their first economic forecast in six months, the government spending watchdogs at Florida TaxWatch see a welcome change of course in our economy with sources of uncertainty resolving. “Policy and industry developments alike have deflated several sources of uncertainty that were at their peak in the last forecast. While Florida is not out of the woods yet, peak uncertainty seems to be behind us, said President and CEO Jeff Kottkamp. “Consumer spending and private domestic purchase growth have improved, Kottkamp said, outperforming earlier projections despite question marks surrounding oil, the Strait of Hormuz and the conflict with Iran. Kottkamp also believes that uncertainty about tariffs is coming to an end. “Moreover, the United States Supreme Court’s striking down of the President’s main tariff authority in February, set in place temporary tariffs that still left much up in the air. Now that a more permanent tariff policy is soon to be set in place, businesses can have more