May 16, 2021

2021 Economic Outlook

Northeast Florida's economic forecast for 2021

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

Laura Hampton | 12/30/2020

Health Care | Dr. Kent Thielen, Vice President, Mayo Clinic; CEO, Mayo Clinic Florida, Jacksonville

Despite being busy in 2020, the health care sector experienced a significant economic downturn in the second quarter, says Thielen.

In April, Mayo Clinic took several cost-saving measures, including employee furloughs, salary reductions and benefit eliminations.

“Things have come back nicely,” Thielen says. “We’ve been able to restore the vast majority of those cuts.”

This story also features expert opinions, business briefs and people in the news: Ken Fuchs; Stacy Banner; Fidelity Investments; Richard Goldman; The District; Darifair Foods; Baymeadows Park; San Felasco Tech City; NovApproach Spine; Infinite Energy; Colleen Koch; Hub Brown; Olustee Battle Festival; Southeastern Grocers; Stein Mart; Lisa Finkelstein; Azalea Brewing; Axis Income

 

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