Unemployment Rate Is Not The Whole Story

/ Categories: Research
One key metric that is widely overlooked in the unemployment rate discussion is the labor force participation rate (LFPR), which measures the percentage of the total population aged 16 and above who are currently employed or are unemployed and actively seeking employment. While overlooked, the LFPR is one of the most important metrics to understanding the overall landscape of the job markets.

Welcoming the World

/ Categories: Research, Economic Development, Tourism
Tourism is vital to the economy of Florida, and with the recovery of the world economy, international travel across the world is reaching record highs. This, coupled with data showing the major positive impact international tourists have on economies, provides evidence that Florida should expand its efforts when it comes to attracting foreign visitors to the state.

A Catalyst for Growth

/ Categories: Research, Economic Development
This analysis finds that Florida’s competitive tax climate and welcoming weather entice businesses to our state, but Florida must provide targeted incentive packages that will help create high-paying jobs in the Sunshine State as we compete with other states for domestic and global business.

Building Florida's High-Tech Manufacturing Sector

/ Categories: Research, Economic Development
As the global manufacturing industry shifts away from classically portrayed steel and car plants to a modernized approach of high-tech manufacturing; companies, countries, and states find themselves looking for a way to best position themselves to benefit from the future of manufacturing. Florida finds itself in a unique position to capitalize on an existing project that could help the state become a world leader in high-tech manufacturing for years to come.

Meeting Florida's Transportation Investment Needs

/ Categories: Research, Transportation
Florida continues to grow and is now the nation’s third largest state. After a slowdown during the Great Recession, Florida is on the rise again, and the state will add more than four million new residents by 2030. This report examines the expected needs of the transportation system across the state.
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The Potential Impacts of New Tariffs on Florida’s Economy

The Potential Impacts of New Tariffs on Florida’s Economy

On April 2nd, 2025, a universal 10 percent tariff on all countries was announced by the federal government, with a few countries facing additional reciprocal tariffs of up to 50 percent. A week after the announcement, due to intense volatility in the bond market, a 90-day suspension on the tariffs was announced, with the exception of a 145 percent tariff on certain Chinese goods.

 

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How Childcare Costs Impact Florida’s Economy

How Childcare Costs Impact Florida’s Economy

The impact of childcare, as the data suggest, is prominent on Florida’s economy. Losses incurred from turnover and absenteeism of working parents can be avoided with friendlier workplace policies and higher investment in affordable childcare. As an important part of the industry, treating childcare workers better financially can help maintain the workforce in childcare and add to the economy of Florida. Impactful measures that can alleviate the pressing childcare issues mentioned can further grow Florida’s economy.

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