May 24, 2013

The Regions

Florida Fast Facts

| 9/1/2006
? BUSINESS FLORIDA HOME PAGE

Population

  • Florida is poised to pass New York as the third most populous state by 2011.

Economy

  • Florida's $674.0 billion Gross State Product is the fourth largest in the U.S.

Location

  • No business in Florida is more than 90 miles from one or more of the state's 14 deepwater seaports.

Trade

  • Florida is a national leader in international commerce, with $95.3 billion in trade, proximity to Latin America and a multicultural population.
  • High-tech exports from Florida reached $11 billion in 2005, the third highest nationwide.

Jobs

  • Florida's 3.8% unemployment rate was the second lowest among large states in 2005.
  • Florida added 259,800 new jobs from July 2005 to July 2006 and ranks first in the nation for job creation.
  • Florida remains one of only 10 states with a right-to-work provision in its constitution.
  • Florida's metro areas hold the top three spots and 12 of the top 30 on the Milken Institute's Best Performing Cities Index of where jobs are created.

Technology

  • Florida ranks fourth in the nation for total high-tech employment: 265,484 high-tech workers.
  • Florida added 6,700 high-tech jobs in 2004 to become the second fastest growing state in high-tech industry employment.

Finance

  • Florida has 354 financial institutions, including 56 international banks.

Defense

  • Defense-related industries are a $44 billion segment of the state's economy, representing 714,500 direct and indirect jobs.

Education

  • Every Floridian lives within 50 miles of an institution of post-secondary learning.

Telecommunications

  • Eight Florida cities are on Intel Corporation's list of top 100 for greatest wireless accessibility.

Quality of Life

  • Florida has earned top rankings in Harris Poll's "most desirable places to live" since the survey's inception.

Sources: U.S. Census Bureau; U.S. Bureau of Economic Analysis; U.S. Bureau of Labor Statistics; Florida Agency for Workforce Innovation; AeA Cyberstates 2006.

To view an interactive map of Florida and news from each region, please click here.

Tags: Around Florida, Banking & Finance, Business Services, Business Florida

Florida Business News

  • State releases FCAT scores

    The scores released today are the first wave of marks expected from the 2013 administration of the Florida Comprehensive Assessment Test and the state's new end-of-course exams.

  • Three Florida beaches make Dr. Beach Top 10 list for 2013

    The smile of Dr. Beach still shines on the Sunshine State as three Florida beaches made his annual Top 10 beaches in the U.S. list.

  • U.S. weather-watcher satellite fails just before hurricane season

    A key satellite positioned to track severe weather in the eastern United States has failed, just as the 2013 Atlantic hurricane season is about to start.

    FRIDAY PREVIEW:
    Coming next week to FloridaTrend.com:

    • Florida Icon: C.C. 'Doc' Dockey - The businessman tells us: "I've learned that both political parties in Florida do better running and building than they do governing."
    • CEO Sounding Board - Florida CEOs talk about a recent settlement with the U.S. Environmental Protection Agency.
    • Bearing Down in Jacksonville - Chinese company HCH targets north Florida for distribution.
    • Florida Life - Surfing spots in the Sunshine State.

Florida Trend Video Pick

Summertime at Florida's theme parks
Summertime at Florida's theme parks

A Brief look at Florida's theme parks' upcoming attractions opening this summer.

Earlier Videos

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Apart from remembering and honoring the men and women who lost their lives in military service, do you have any plans for the extended Memorial Day weekend?

  • Yep! Taking a trip, barbecuing, or shopping, with friends and/or family! Can't Wait!
  • Sure, I definitely intend to spend time with loved ones, but I'll be keeping it very low-key.
  • Nah, just gonna take it easy...
  • I'm not taking Monday off...Too much work to be done!

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