Tallahassee Economic Index

Tallahassee Economic Index Tallahassee's exclusive Economic Index tracking and predicting the economic movement of Florida's capital city.

01/13/2021

The Average Weekly Hours worked by private employees in Tallahassee decreased to 30.9 hours in November 2020 for a monthly drop of 0.3%. This was an annual decrease of 0.64% from November 2019 levels.
Source: Federal Reserve Bank of St. Louis

01/12/2021

Employment in the State of Florida increased by 41,596 jobs in November 2020. With about 9.494 million people now employed, the YoY change from November 2019 was a decrease of 632,123 jobs, or 6.24%.
Source: U.S. Bureau of Labor Statistics

01/11/2021

The civilian labor force in Florida rose by 48,586 people in November 2020, increasing to 10.146 million. The YoY change from November 2019 was a decrease of about 2.66%, or 277,717 people.
Source: U.S. Bureau of Labor Statistics

01/08/2021

The civilian labor force in Tallahassee decreased by 319 people, or approximately 0.17%, to 187,482 people in October 2020. The YoY change from October 2019 was an decrease of about 5.10%.
Source: U.S. Bureau of Labor Statistics

12/18/2020

The Total Dollar Volume of all sales of Single-Family Homes in Tallahassee rose to $123.4 million in October 2020. This was an increase of 0.08% from September and a YoY increase of 41.3% from October 2019.
Source: Florida Realtors

12/17/2020

The Average Sale Price of Single-Family Homes in Tallahassee dropped to $291,813 in October 2020, which was an decrease of 0.85% from September and a YoY increase of about 13.6% from October 2019.
Source: Florida Realtors

12/16/2020

In Tallahassee, Cash Sales for Single-Family Homes accounted for approximately 11.3% of total Closed Sales in October 2020. This was an decrease of about 33.14% from September, and a YoY decrease of 33.9% from October 2019.
Source: Florida Realtors

12/15/2020

Homeownership in Florida decreased by 0.57% in Quarter 3 of 2020, settling at 69.7%. This is a slight YoY increase of 6.41% from Quarter 3 of 2019.
Source: U.S. Census Bureau

12/14/2020

The Probability of a Recession in Florida has increased 21.7% from October to 22.9% in November.
Source: Florida Chamber of Commerce

12/04/2020

The All-Transactions House Price Index for Tallahassee increased from 223.09 in Quarter 2 of 2020 to 224.24 in Quarter 3 of 2020. This is a quarterly increase of about 0.52%, with a total YoY increase of 5.7%.
Source: Federal Reserve Bank of St. Louis

12/03/2020

The Average Hourly Earnings of Private Employees in Tallahassee decreased by about 58 cents to $23.98/hour in October 2020. The YoY change from October 2019 was an decrease of $0.07, or approximately 0.003%.
Source: Federal Reserve Bank of St. Louis

12/02/2020

The Probability of a Recession in Florida has decreased 17.8% from September to 21.7% in October.
Source: Florida Chamber of Commerce

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Tallahassee, FL
32308

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