October 26, 2020

Market Strengths

Market strengths

| 9/22/2016

Florida is very much a people place and that’s good news for growing businesses. Each year in Florida, tourism numbers swell, the permanent population grows and the state’s global reach extends ever further. And as these vital markets expand, so too do the opportunities for businesses in all industry sectors to succeed.

3rd largest state, with a population of 20.3 million (U.S. Census)

More than 105 million visitors annually

18th largest economy in the world (World Bank)

6th largest exporter in the U.S. (WISER)

3rd largest finance and insurance cluster in the U.S.

In the news
Macquarie Group Goes Global from Florida

JACKSONVILLE – Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates at 64 office locations in 28 countries and employs more than 14,300 people. The company selected Florida for its most recent expansion. Macquarie’s new global financial services center in Jacksonville will create more than 120 jobs over the next two years.

The company chose Florida to locate its global financial services center over nearly 20 other U.S. and international sites. Macquarie opened its new offices in Florida in February 2016 and has already added 65 employees.

We are thrilled to now be able to call Jacksonville home for our expanding company. The talent we have already secured is top-notch, and it reiterates what we already know about northeast Florida — Jacksonville’s rich talent pool, incredible quality of life and downtown growth provide us the key ingredients to continue growing our operations in the U.S.

Patrick Upfold
CFO, Macquarie Group

Macquarie Group chose Jacksonville over nearly 20 other U.S. and international sites for its most recent expansion.


Tags: Business Florida, Competitive Assets

Florida Business News

Florida Trend Video Pick

Vendors excited to be back at the Grand Prix after a tough year financially
Vendors excited to be back at the Grand Prix after a tough year financially

It’s been a rough year for food and beverage vendors who normally make money at big events year-round. With COVID-19, many of those events have been canceled. It’s why the Firestone Grand Prix was an exciting and welcoming time for businesses that haven’t been able to serve their normal customer base.

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