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WFTV Channel 9 Orlando

How a UCF expert expects the US, Florida economy to fare this year

By News Staff, Ryan Lynch,


Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Sean Snaith expects an economic slowdown in Orlando and beyond, but he’s not sure when it will start.

Read: Groundhog Day 2023: Did Punxsutawney Phil see his shadow?

The director for the UCF Institute for Economic Forecasting highlighted a potential recession during a Feb. 1 event at Orlando’s Citrus Club. His talk was the year’s first in Dean’s Speaker Series, which features UCF College of Business faculty delivering a fast-paced, timely TED-Talk-style presentation on an aspect of their research.

Snaith has been projecting a “pasta bowl-shaped” U.S. recession, where over the period of a year, the nation gradually will enter and exit an economic downturn.

Click here to read the full story on the Orlando Business Journal’s website.

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