Miami's economic forecast for 2021

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

Amy Martinez | 12/30/2020

Never miss a Feature: Subscribe to Florida Trend

Banking | Jorge Gonzalez, CEO, City National Bank, Miami

City National Bank is the fifth-largest financial institution based in Florida, with nearly $18 billion in assets. The Miami-based bank recently purchased the naming rights for the former Bank of America tower in downtown Orlando and was one of the country’s most active participants in the Paycheck Protection Program (PPP) and Main Street Lending Program, both created by the federal government to help businesses survive COVID-19.

This story also features expert opinions, business briefs and people in the news: Wendy Kallergis; David Martin; Jaret Davis; the Underline; Brickell Backyard; CitizenM; YellowPepper; Daniella Levine Cava; Reef Technology

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

ACCESS NOW Instant Access for Existing Digital Subscribers DIGITAL ISSUE Purchase a single DIGITAL copy of this issue SUBSCRIBEPurchase a one year PRINT, DIGITAL or ALL ACCESS Subscription PRINT SERVICESPurchase single PRINT copy or ADD digital access to a PRINT subscription

Tags: Miami-Dade, Economic Outlook, Feature

Also on FloridaTrend.com

Market Update

DOW	30,996.98	-179.03
NASDAQ	13,543.06	+12.15
S&P 500	3,841.47	-11.60

» Stocks of Florida's Top Public Companies

Inside the January Issue

TABLE OF CONTENTS GET DIGITAL ACCESS

ACCESS THIS ISSUE

Florida Business News

More-contagious COVID-19 variant is spreading in Florida. What does it mean?
Health experts say the variant is likely already more common here than the CDC has yet detected, due to the amount of community transmission already occurring throughout Florida, and the nationwide lack of robust surveillance of various strands of the virus.
Here’s when Brightline trains are expected to restart service
After a hiatus that started nine months ago, Brightline’s high-speed rail service is likely to come to life again in South Florida toward the end of this year, the company now says.
Major investment firm acquires stake in Tampa Bay area company
A global investment firm with $584 billion in assets under management has put a major vote of confidence in one Bradenton-based firm.
Florida Democrats file medical marijuana employee protection bill
While medical marijuana is legal in Florida, it can still cause a public employee to lose their job. South Florida Democrats Senator Tina Polsky and Representative Nicholas Duran, are trying to change that.
As tech world descends on Miami, latest Knight investment supports local entrepreneurship
As tech companies and entrepreneurs from across the nation sweep into South Florida, the John S. and James L. Knight Foundation is staking efforts to ensure locals get their share of bounty.