A White House economist said gas prices in Florida have gone down by almost $1.99, and Florida has a relatively low unemployment rate of just 2.8%.
Heather Boushey, the president of the White House Council of Economic Advisors, said these are some of the indicators that keep her optimistic about the state of the economy.
“We knew that June’s inflation was relatively high. We also know that there are some really important economic conditions that have changed since June,” Boushey said.
The Federal Reserve reported Friday that a key inflation gauge increased by 6.8% in June. It was the highest increase
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