Florida Economic Forecast: Q2 2024

An Economic Commentary

Florida Economic Forecast Q2 2024 Report Cover

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.

Documents to download

Previous Article From Roads to Roots: A Review of Florida’s Highway Landscape Spending
Next Article Florida’s Budget Outlook: Is the Party Over? Long-Range Financial Outlook Forecasts Coming Budget Deficits
Print
12407
0Upvote 0Downvote
«July 2025»
MonTueWedThuFriSatSun
30123456
78
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.

 

Read more
910
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.

Read more
111213
14151617181920
21222324252627
28293031123
45678910

Archive