October 31, 2014

Economic yearbook 2011

Southeast - Yearbook

Mike Vogel | 4/1/2011

Business leaders report an economy heading out of recession. Fort Lauderdale-Hollywood International Airport saw passenger numbers increase for 16 consecutive months through December. The port recently set a world record for cruise passengers.

Palm Beach and Broward County

BROWARD COUNTY GOALS

> Make municipal permitting processes more transparent and improve businesses' access to capital.

> Carry on an effort to rebrand the county, for headquarters recruitment purposes, as Greater Fort Lauderdale, an effort pushed by the itself rebranded Greater Fort Lauderdale Alliance. The campaign is "Life. Less Taxing."

> Lower unemployment.

> After a series of arrests and indictments of elected county and municipal officials, clean up the county's pay-to-play image.

Jobs
MSA DEC. 2010 DEC 2009 % Change Jobless Rate
Fort Lauderdale/ Pompano/ Deerfield Beach 878,609 881,136 -0.3% 10.2%
West Palm/ Boca Raton/ Boynton Beach 551,619 544,052 +1.4% 11.5%
Source: Agency for Workforce Innovation

Homes Single-family, existing-home sales by Realtors
MSA Jan. 2011 Sales 1-Year Change Jan. 2011 Price 1-Year Change
Fort Lauderdale 813 +18% $165,100 -5%
West Palm Beach/
Boca Raton
745 +36% $192,800 -19%
Source: Florida Realtors

Broward Population: 1,815,860
Population Growth Rate (2007-11): 0.97%
Population by Age:
0-14
15-19 20-39 40-64 65+
19.0%
6.2% 26% 34.8% 14.0%
Per Capita Income: $40,981

I-595 Florida's largest road project, the $1.8-billion expansion and future operation of I-595 through central Broward, employed 1,800 from 142 companies in December. Construction will be completed in 2014. The project is unusual in that the state contracted with a consortium led by Madrid-based ACS Infrastructure that will be wholly responsible for designing, building and financing the construction, which includes express lanes and improvements to I-95 and Florida's Turnpike, and operating and maintaining the roadway until 2044.stors make plans to sell.
[Photo: Smith Aerial]

Tags: Southeast

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