Florida Economy

Florida s economy has dropped like a rock because of the lockdown.

Florida economy. It s also among the fastest growing states. The us average is 3 9. Florida has an unemployment rate of 3 6. Cape coral fort myers fl.

Florida is the top travel destination in the world relying on tourism to drive its economy more than any other state. Florida ranks 2nd among u s. Bureau of labor statistics note. Florida s balky unemployment system was among the slowest in the country to respond to the surge in unemployment as the pandemic sidelined key sectors of the state s economy including bars restaurants and huge swaths of the tourist industry.

States for fiscal stability and has the 9th best economy in the u s. The first european contact was made in 1513 by spanish explorer juan ponce de león who called it la florida la floˈɾiða the land of flowers upon landing there. The sunshine state also relies heavily on international trade agriculture. Future job growth over the next ten years is predicted to be 41 6 which is higher than the us average of 33 5.

September 18 2020 source. Florida s 1 0 trillion economy is the fourth largest of any u s. Florida includes the following metropolitan areas for which an economy at a glance table is available. More data series including additional geographic areas are available through the databases tables tab at the top of this page.

State and if it were a country florida would be the 16th largest economy in the world. Florida s top industry tourism added 111 7 billion to the state s economy in 2016 flickr visit st.