Florida's population slowing to 30-year low, study shows
A University of Florida economics professor finds Florida's population's is dipping to 30-year low.
Posted on Sat, Mar. 29, 2008
BY TRENTON DANIEL
A new study has reaffirmed a growing demographic trend in Florida: The state is seeing its population growth slow to its lowest level in three decades.
So says a University of Florida professor who reviewed building permits and residential electric customer data to draw projections on the state's population growth.
''The state has not experienced a decline of this magnitude since the mid-1970s, when we were in a national recession,'' said Stan Smith, an economist and director of UF's Bureau of Economic and Business Research.
The Census Bureau has made similar findings in its tracking of population growth in Florida. In a report released earlier this month, Census officials reported a net gain in the state's population of just 35,301 between 2006 and 2007. The figure was much lower than the 170,099 gain tabulated from 2005 to 2006.
The lower rate of growth is caused largely by people leaving South Florida, where the cost of living is driving them away from the region. [Read more…]