Almost all of Florida is in an official recession. Indian River county is not. Could that be due to the fact that there is not much in the way of industry or jobs there in the the first place? If there is not much to begin with, there is not much to lose. A regional recession is measured by a decrease in jobs or production.
"A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits." Wikepedia
Indian River County only Florida region not ranked in recession or at risk : Treasure Coast : TCPalm