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With six more months until the 2017 budget year ends on Sept. 30, Miami-Dade has plenty of time for consumer and tourism spending to rebound. Since tax reports lag, the data could already be masking stronger spending this year. There are indications the needle is starting to move again, said Ginny Gutierrez, head of communications for the Greater Miami Convention and Visitors Bureau. Were looking at March and seeing signs the numbers are starting to change. The countys budget office also says its too early to know exactly what shortfalls they might encounter when the budget-writing season ramps up in the coming weeks for a 2018 spending plan Gimenez is expected to submit to the county commission in July. There are indications the needle is starting to move again. Ginny Gutierrez, spokeswoman for the Miami-Dade tourism bureau Since tax data reports lag by several months, the weak revenues sparking worry in County Hall may not reflect current economic conditions. Manuel Lasaga, who runs the StratInfo consulting firm in Miami, said he was concerned about economic performance last year. But as 2016 came to a close, Lasaga said hes seen economic activity pick up, and is more optimistic about a rebound in Latin America. The momentum is still going, he said. Its probably going to be a relatively good year. The big question looming over Miami-Dades budget anxiety is whether the current weakness signals a larger turning point for South Floridas economy.
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