The Orlando market is set to see a modest decline this year, as the raging Delta variant has thrown the tourism industry into chaos.
Orlando sees more tourists each year than Paris and Venice combined, so the pandemic has had a disproportionate effect on its economy.
Floridasought to preserve its economy by avoiding damaging lockdowns at all costs. This appears to have worked in Orlando: unemployment here is still below the national average. Construction employment, meanwhile, has begun to grow again in anticipation of an active market next year.