Florida Economic Forecast (2023 - 2028)

This detailed report, developed in partnership with the Regional Economic Consulting Group, projects key economic metrics through 2028, including population growth, net migration, employment trends, GDP changes, and the significant impact of tourism on the state's financial health.

As Florida continues to adapt to global economic shifts and internal challenges, this forecast provides invaluable insights for business leaders, policymakers, and citizens alike. From the slowing population growth due to migration changes to the steady increase in tourism, the report offers a clear view of what to expect in the coming years.

Download the full report to understand the forces shaping Florida's economy and how they might impact future growth and opportunities.

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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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