NAVIGATION

August 30, 2016

Economic Yearbook 2007 - Introduction

Innovators

This year's Economic Yearbook issue focuses on the innovators who are playing such an important role as Florida's economy evolves.


Edmundo Muniz


Christine Raber-Somoza


Callahan Fore


Dedee DeLongpré


Pamela S. Chally


Sayo Isaac Daniel

Marc Sarnoff

Christina Keeling

The 10 regions in this year's Economic Yearbook share three common problems: High property insurance premiums, burdensome property taxes and a slowdown in residential real estate activity. Naples, for instance, has reported a 50% drop in home sales from 2005 to 2006.

There are many bright spots around the state, however. A pickup in commercial/industrial real estate activity has offset the residential decline in some areas. In Broward County, analysts expect the taxes generated by Vegas-style Class III slot machines to be greater than expected this year.

The banking sector is performing strongly in southwest Florida, along with leisure, hospitality, construction and manufacturing. In the central region, the computer simulation/digital media industry is continuing to grow -- there are 1,200 digital media companies now employing 30,000 in Orlando.

The Burnham Institute will give the region an increased medical/biotech presence. And in the northeast, business leaders are girding for an explosion of imports when Jaxport's direct shipping lines to Asia open next year.

Along with highlights of economic conditions around the state, this year's Economic Yearbook issue focuses on the innovators who are playing such an important role as Florida's Marc Sarnoff economy evolves.

Tags: Around Florida

Digital Access

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

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

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

VR Expert Weighs in On AMD Industry News
VR Expert Weighs in On AMD Industry News

Orlando-based virtual reality expert Richard Terrell weighs in on news that AMD, which employs 150 in Orlando, has been on a roll lately and why VR's emergence will help them.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Will you vote for Amendment 4 in the primary today? (Amendment 4 is titled, "Solar Devices or Renewable Energy Source Devices; Exemption from Certain Taxation and Assessment")

  • Yes
  • No

See Results

Ballot Box
Subscribe