Introduction Fueled by a strong global presence in tourism, trade, and real estate development, Florida’s economy has grown to $1.87 trillion in 2025. If Florida […]
Introduction According to Newton’s first law of motion, an object in motion stays in motion unless acted upon by an outside force. Florida’s manufacturing sector
Each year, more than one hundred million visitors come to Florida to enjoy its beaches, warm temperatures, and its numerous parks, thrills, and attractions. Latest FloridaCommerce data confirm that Florida set a new all-time annual record in calendar year 2024 with 143 million visitors an increase of 1.7 percent over the previous record set in 2023. Out-of-state visitors to Florida spent $134.9 billion in calendar year 2024. For every $1 spent by a visitor, 99 cents stayed in Florida’s economy, with 59 cents supporting worker salaries. Tourism supported 1.8 million jobs in 2024 and generated $79.9 billion in wages, including $44 billion in direct wages. Tourism-related activity produced $33.6 billion in federal, state, and local taxes. Tourism accounted for 7.8 percent of Florida’s Nominal Gross State Product (GSP), contributing $133.6 billion to the state’s economy in 2024. Without tourism, Florida households would pay $1,730 more annually in state and local taxes alone to sustain current levels of revenue.
FOR IMMEDIATE RELEASE: Thursday, April 9, 2026 CONTACT: Christina Johnson Tallahassee, Fla. – Florida TaxWatch (FTW) President and CEO Jeff Kottkamp today presented a report, Tourism In Central Florida:
FOR IMMEDIATE RELEASE: Friday, March 20, 2026 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch released its report, Florida Economic Forecast: 2025 – 2035 / Q4 2025.The data
FOR IMMEDIATE RELEASE: Wednesday, January 14, 2026 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch released its report, Florida Economic Forecast: 2025 – 2034 / Q3 2025.The data
Goodwill’s Economic and Workforce Impact in Florida: FY 2024 quantifies how the Florida Goodwill Association and its nine territories convert donated goods and mission-driven operations into jobs, higher earnings, and stronger local economies across the state. Using FY 2024 operational, employment, and capital spending data and the IMPLAN input-output model, Florida TaxWatch estimates that Goodwill generated $1.52 billion in total economic output, added $893.9 million to Florida’s GDP, and supported 21,471 jobs statewide.
OR IMMEDIATE RELEASE: Tuesday, November 4, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released its report, Economic and Fiscal Impacts of Florida Goodwill Association –
FOR IMMEDIATE RELEASE: Thursday, September 25, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch released its economic commentary: Florida Economic Forecast: 2025 – 2034 / Q2 2025. The
FOR IMMEDIATE RELEASE: Wednesday, September 10, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch released its latest Economic Commentary: Trends in the Cost of Construction Materials, a
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