main menu page title feature menus content footer
My Florida C F O

CFO's Initiatives

Stay Connected

Follow the
Department of
Financial Services

Sign up for the CFO's
newsletter!

Press Release

News   RSS RSS   Press Office   Archive

IN CASE YOU MISSED IT: The Capitolist: Patronis Credits DeSantis’ Anti-Lockdown Approach as the Catalyst for Florida’s Economic Resiliency

5/25/2022

For Immediate Release: Wednesday, May 25, 2022
Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842
 
IN CASE YOU MISSED IT:
The Capitolist: Patronis Credits DeSantis’ Anti-Lockdown Approach as the Catalyst for Florida’s Economic Resiliency
 
“Report: Patronis Credits DeSantis’ Anti-Lockdown Approach as the Catalyst for Florida’s Economic Resiliency”
The Capitolist – Jordan Kirkland
May 24, 2022
Click here to read the full article.
 
Chief Financial Officer Jimmy Patronis released a report on Tuesday highlighting the resiliency of Florida’s economy during the COVID-19 pandemic.
“While we had a sense that Governor DeSantis’ willingness to fight back against lockdowns led to more wealth and opportunities in our state – we now have the data to back it up,” Patronis said.
 
A deeper dive into the report shows that, across all industries, Florida’s economy continued to grow and outpace the U.S. economy.

 
Additionally, the report found that economic setbacks brought forth by the 2020 pandemic were less severe for the Sunshine State (at -0.9%) than it was for the entire country (-2.2%).
 
“Even with a pandemic that ravaged global markets, Florida still had certain sectors that never took a hit. In fact, Florida’s economy grew at a 1.25% greater pace than the U.S. economy…,” Patronis added.
 
###

About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).