Florida's economy reached new heights in 2023. With a GDP of $1.58 trillion and a 4.98% growth rate, Florida's key economic drivers include retail trade, professional services, health care, and construction. The state also led the nation in personal income growth, with a 7% increase!
The influx of new residents is set to keep GDP and job growth above the national average through 2027, propelled by a strong labor market and population growth.
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