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July 17, 2019

Welcome to Business Florida

Florida's Booming Economy Has Real Momentum

| 10/24/2018

I am proud of Florida’s amazing turnaround story, and we will never stop fighting so every Floridian can get a great job, put their children in world-class schools and live in safe communities. When I became Governor in 2011, Florida’s economy was in terrible shape. Florida families lost more than 800,000 jobs, and by December 2010, state debt and unemployment had skyrocketed.

Today, Florida’s economy is booming and has become the 17th largest economy in the world. Since December 2010, Florida’s private sector has created nearly 1.6 million jobs, with more than 88,000 new businesses opening in the past seven years. We’ve paid down more than $10 billion in state debt, and Florida serves as a model for the nation’s economy.

Our playbook of cutting taxes by more than $10 billion and eliminating thousands of burdensome regulations has created real momentum in Florida. Nearly 80 percent of Florida businesses don’t pay business taxes, which means companies can invest more in creating new job opportunities.

Working with the Florida Legislature, we established the Florida Job Growth Grant Fund to provide funding for public infrastructure and workforce training projects across the state. These targeted investments pay huge dividends for local economies. By focusing on return on investment, we have ensured that Florida’s economy can continue to grow.

As Florida’s economy keeps booming for Floridians and bringing thousands of families to Florida, the entire country is taking note. I’ll never stop fighting to make sure Florida is the best place for families to succeed.

Governor Rick Scott
Chairman, Enterprise Florida Inc.

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