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Predicting the Timing of Downturns in the Florida Construction Industry

How Can Machine Learning Help Investors Time Their Entry into the Florida Market?

Deepblocks is using machine learning to predict the timing of local downturns and bottoms in the construction industry. By using construction activity as a proxy for economic trends, predictions could be a valuable tool for investors to buy at the optimal time.

Which Florida City is Expected to Hit Bottom and Bounce Back the Fastest According to Predictions for 2022-2026?

The predictions for 2022-2026 are expecting a downturn across all five Florida cities. The prediction that Jacksonville is expected to hit bottom in 2023 and bounce back the fastest is particularly noteworthy. The numbers start to pick up again in 2024 and beyond.

When Will Tampa, Miami, and Orlando Hit Their Pandemic Bottom in the Florida Construction Industry?

Based on the predictions, it's difficult to determine exactly when Tampa, Miami, and Orlando are expected to hit their pandemic bottom. Construction activity in these cities do show a general downturn in 2022-2026, which could indicate that the bottom may be after 2025.

It's important to remember that predictions are just that - predictions. They are based on historical data and assumptions about how the construction industry is correlated with the broader economy.

Author Olivia Ramos
Founder and CEO of Deepblocks, holds master's degrees in Architecture from Columbia University and Real Estate Development from the University of Miami. Her achievements before Deepblocks include designing Big Data navigation software for the Department of Defense's DARPA Innovation House and graduating from Singularity University's Global Solutions and Accelerator programs.