Quote:
Originally Posted by golfing eagles
Go past the sensational headline.
Florida's inflation rate was driven up by housing costs in the Miami-Ft. Lauderdale area (up 9%). Eliminate that and we are at par with the national norm.
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Inflation is up due to increased population over the past three years or so combined with a housing shortage. By the way, the national rate of inflation is about 4%. I doubt that Florida is “on par”. Also, if housing costs are eliminate for Florida then those costs should also be eliminated for the other states. Otherwise the comparison is nothing more than one of apples to oranges.