April 18, 2024

2021 Economic Outlook

Northeast Florida's economic forecast for 2021

Regional business leaders talk about the outlook for the year ahead, plus demographics and statistics

Laura Hampton | 12/30/2020

Health Care | Dr. Kent Thielen, Vice President, Mayo Clinic; CEO, Mayo Clinic Florida, Jacksonville

Despite being busy in 2020, the health care sector experienced a significant economic downturn in the second quarter, says Thielen.

In April, Mayo Clinic took several cost-saving measures, including employee furloughs, salary reductions and benefit eliminations.

“Things have come back nicely,” Thielen says. “We’ve been able to restore the vast majority of those cuts.”

This story also features expert opinions, business briefs and people in the news: Ken Fuchs; Stacy Banner; Fidelity Investments; Richard Goldman; The District; Darifair Foods; Baymeadows Park; San Felasco Tech City; NovApproach Spine; Infinite Energy; Colleen Koch; Hub Brown; Olustee Battle Festival; Southeastern Grocers; Stein Mart; Lisa Finkelstein; Azalea Brewing; Axis Income

 

Want to read the whole article?
Select from the following options:

Tags: Northeast, Economic Outlook, Feature

Florida Business News

Florida News Releases

Florida Trend Video Pick

Father and son turn passion for LEGO toys into new business in Clearwater
Father and son turn passion for LEGO toys into new business in Clearwater

A father and son in Clearwater have turned their favorite toy into a business that the entire community can enjoy. This weekend, they held the grand opening for Bricks & Minifigs.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.