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Florida Economic Forecast: Q2 2024
An Economic Commentary
Florida's economy continues to expand, reaching a GDP of $1.58 trillion in 2023. However, growth is projected to moderate in the coming years. The report covers key topics such as:
- Population growth slowing to 1.1% by 2029.
- Employment continuing to rise, while unemployment is expected to increase slightly before stabilizing.
- Tourism projected to grow, with over 170 million visitors by 2029.
Despite a slowing growth rate, Florida's economy remains resilient, driven by tourism and real estate. The report provides a comprehensive analysis of these trends and more.
Download the full report to learn more about the economic outlook for Florida through 2029.