Brexit

"We have 400 thousand Brits who live in Florida" says David Prodger, who was appointed the British Consul General to the state in 2014, and is the senior UK official in the Consulate General, which is a subordinate office to the Embassy and is located in Miami. He is traveling the state talking about the special relationship between the UK and the Sunshine State, including here in the panhandle.

   In this week’s Economic Report, Dr. Rick Harper discusses the July tourism boom, the effect of Brexit on the U.S. housing market and the call to repeal the commercial real estate sales tax.

July means big business for tourism and leisure and hospitality industries in the Panhandle, and this year is no exception.

Michael Spooneybarger/CREO

  For a political scientist, the United Kingdom’s vote to leave the European Union is like watching the World Cup and Super Bowl combined. Dr. Michelle Williams, the chair of the Department of Government and a Professor of Political Science at the University of West Florida, sat down with Bob Barret to explain what the Brexit vote means for the EU and the future.

Highlights:

 

In this week’s Economic Report, Dr. Rick Harper discusses the aftermath of the Brexit vote and the first-quarter revision of the GDP. Also, Northwest Florida’s economy is booming with Fourth of July on the horizon.

If you’re in the UK, the economic temperature is cooling, Harper said.

  In this week’s Economic Report, Dr. Rick Harper discusses the British exit from the European Union and what it means for the world’s economy.

On Thursday, voters in the United Kingdom unexpectedly voted to exit the European Economic Union in a historic referendum, and the world economic markets were caught off guard.

“Polling was dead wrong,” Harper said. “As late as Thursday, there had been as much as an 85 percent probability placed by markets on the likelihood of remaining in the European Union, but Britain has voted to leave.”