The outlook for Florida's 67 counties is brighter than it has been in years. The economy hasn't returned to pre-recession levels, but improvement is steady if slow. Much of the credit can be attributed to a rebound in housing. From Jacksonville to Miami, home sales and prices are rising. Business activity is also picking up. Employee outsourcing company Landrum Professional Employer Services in Escambia County, for example, expanded twice last year, hospital supply chain LeeSar opened a 197,000-sq.-ft. regional service center in Fort Myers and Miami home builder Lennar saw a sixfold increase last year in profits. Tourism, which has been surging for two years, remains robust, and banks are becoming more open to lending.
Concerns remain, of course — the impact of the federal health care law on small business, uncertainty over what effects resumption of the payroll tax will have on spending, still relatively high unemployment and economic policies being debated in Congress and in the state Legislature.
As always, our Economic Yearbook coverage encompasses economic conditions in each county, with home sales numbers, jobs figures and demographics.
Florida Trend asked Wealth-X, a wealth research firm in Singapore, to identify the 25 richest Floridians. Wealth-X used its proprietary analytics on publicly available information to arrive at the list of ultra high net worth individuals in Florida's major cities. [Read More]
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