Florida’s economy reached $1.85 trillion in Q3 2025, ranking first among all 50 states and the District of Columbia in economic growth. This fourth installment of Florida TaxWatch’s quarterly economic forecast series — produced in partnership with the Regional Economic Consulting Group — examines whether that momentum is sustainable through 2035.
Administered by the United States Department of Agriculture’s (USDA)’s Food and Nutrition Service (FNS), the Supplemental Nutrition Assistance Program (SNAP) provides funds to help low-income households afford low-cost, nutritious meals. In July 2025, President Trump signed the One Big Beautiful Bill Act of 2025 (the OBBB Act), tightening SNAP policies that determine eligibility, benefits, and program administration. Florida TaxWatch undertakes this independent research project to better understand how the upcoming changes in SNAP requirements will impact Florida’s budget and its ability to provide much needed food assistance to needy Floridians.
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.
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
St. Thomas University (STU) plays a large role in Florida’s economy, fostering workforce development and economic mobility, particularly for underrepresented communities. This Florida TaxWatch ROI report evaluates STU’s impact, highlighting its contributions to job creation, income growth, and return on investment. With record-breaking enrollment, a diverse student body, and strong financial stability, STU generates over $1.5 billion in economic output and supports more than 8,500 jobs. Every $1 spent on STU results in $21.50 of economic output.
Tallahassee, Fla. – Today, Florida TaxWatch released Social Determinants of Health: Economic Stability the fifth and final commentary in a series that explored what the
Introduction The 2026 Legislative Session, and its attendant special sessions, are finally over. For the second year in row, the Legislature could not complete its
FOR IMMEDIATE RELEASE: Thursday, December 18, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released its analysis of Florida Sheriffs’ Offices Staffing Analysis to better understand staffing challenges
FOR IMMEDIATE RELEASE: Wednesday, December 17, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released Transferring Utility Profits to a Municipality’s General Fund Increases the Risk of
FOR IMMEDIATE RELEASE: Thursday, December 4, 2025 CONTACT: Christina Johnson Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released Oh, SNAP! Federal Policy Changes Threaten the Stability of Florida’s Supplemental Nutrition
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