Photo:SunFest, West Palm Beach
5 Top Reasons to do Business in Florida
#2 Huge Market, Huge Opportunities
Permanent residents » 19.1 million » 4th most populous U.S. state
Visitors » 86.5 million in 2011 » up 5% over 2010
Population Gain » 256,000+ residents since 2010 » on track to become the 3rd largest state by 2013
Consumer market » 4th largest GDP in America
Visitor Spending » $67.2 billion in 2011 » roughly $184 million per day on goods and services while in Florida
Economy » 20th largest in the world
Gross Domestic Product » 4th largest among U.S. states
Total Personal Income » 1st in the Southeast » 4th in the U.S.
Per Capita Personal Income » 2nd in the Southeast
» PERSONAL WEALTH Forbes’ 2012 list of the 400 richest Americans includes 28 billionaire Floridians, three-fourths of whom live in the Southeast counties of Broward, Miami-Dade and Palm Beach.
» VENTURE CAPITAL INVESTMENT
In just the second quarter of 2012, venture capitalists pumped $94.8 million into 11 business ventures, putting Florida among the top 10 states for attracting venture funding. Total VC activity in 2011: 52 deals, $323.3 million invested.
» With More than 12 million residents combined, Florida’s four top MSAs — Jacksonville, Orlando-Kissimmee-Sanford, Miami-Fort Lauderdale-Pompano Beach, Tampa-St. Petersburg-Clearwater, — account for more than 60% of the state’s total population and are within a day’s drive of close to half of the 50 million people living in America’s Southeast.