March 3, 2015

Florida's Economic Yearbook 2012

Florida's enjoying a cautious economic recovery

Florida Interactive Map: Data points to a cautious recovery
Click for an Interactive 2012 Economic Yearbook Map
which includes data on population, age, income and more

By all economic indicators, Florida is bouncing back.

Visitor counts are up from the Panhandle to Miami. The supply of homes for sale is approaching more typical levels — home sales in Miami hit a record last year. Companies are hiring, expanding and relocating throughout the state. Consumer bankruptcies are down — in most regions by double digits. Manufacturing is getting stronger in the Southwest and Southeast and in other regions as well.

But the nascent recovery is fragile. The prospect of even more foreclosed homes is casting a pall over otherwise encouraging signs. Declining tax revenue is still squeezing government budgets, and many municipalities are continuing to waive impact fees to encourage development. And, of course, there are still too many people without jobs around the state. To a large degree, Florida’s recovery will hinge on improvements in the national economy overall.

Nonetheless, signs over the past year or so are, as Mike Reagen of the Greater Napes Chamber of Commerce says, "flickers of light on the horizon that things are incrementally getting better."

Regions - Economic Yearbook Around the State

Treasure Coast
Tampa Bay
Space Coast
North Central
Big Bend


Florida Homes - Florida Real Estate Values & Financing Real Estate

Florida Homes - Real Estate Values
$1,000,000 home in Delray Beach.

» The Rise and Fall of the House on 96th Street
The ups and downs of a home's value in south Florida tell the story of the state's broader real estate market over the past decade.

» A Return to Standards
Borrowers are finding it tougher to qualify for a mortgage, but experts say banks are simply returning to historic standards.

» Hardest Hit Fund
Florida homeowners who applied for money from the Hardest Hit Fund (as of Jan. 6)

» Real Estate Price Points - Interactive Gallery
What kind of home can you buy in Florida for $200,000, $500,000 or $1,000,000? For each community listed, representative homes will be shown that demonstrate what different dollar amounts will currently buy.

Broward County
Palm Beach County
Miami-Dade & Monroe Counties
Florida's Treasure Coast
Osceola and Seminole Counties
Florida's Space Coast
Sarasota & Bradenton
Fort Myers & Naples
Tampa & St. Petersburg
St. Augustine & Palm Coast
Northwest Florida

Digital Access

Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

Brevard man finalist for one-way trip to Mars
Brevard man finalist for one-way trip to Mars

A Merritt Island man has advanced to the final round of 100 candidates vying to be selected as astronauts by the Mars One Foundation, which wants to establish a human settlement on the Red Planet in the next decade.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Is this the year Florida's legislature will accept billions of dollars in Medicaid expansion?

  • Yes, legislators can't avoid it. It's our money.
  • No, the House won't approve anything related to Obamacare.

See Results

Ballot Box