ORLANDO - An economic forecast from Wells Fargo released Wednesday says Florida's economic recovery is for real.

The report says the state's convalescence is moving along two separate – but ultimately connected – paths. One is being driven by Federal Reserve policies that have kept interest rates at historically low levels for the past few years.

That has allowed homeowners to refinance – freeing up more spending money – and encouraged investors to swoop in, buy homes and fix them up for rentals or sales.

The Fed's policies have also lowered the value of the dollar abroad, boosting international tourism.

More than 3.5 million Canadians and 1.6 Brazilians visited Florida last year, "up solidly from the prior year," the forecast says.