New numbers show economic growth in the United States slowed in the first quarter of this year, going from 3% to 2.2%. Locally, though, the economy is faring better. Florida’s 89.1, WUFT-FM’s Chris Peralta spoke with Vice President of Economic Development at the Council for Economic Outreach, David Ramsey, about how the local economy is faring, compared to economies throughout the state and the macro U.S. economy.[audio:http://www.wuft.org/media/audio/RamseyQNAChrisPeralta.mp3]
Many small business owners in Gainesville are facing similar decisions as businesses are allowed to reopen according to Gov. Ron DeSantis’ Plan for Florida’s Recovery. Since locally owned businesses do not have oversight from parent companies, decisions regarding how business will run during the pandemic falls to the individual owners.