Florida Economic Forecast: Q3 2024

A Florida TaxWatch Economic Commentary

Florida Economic Forecast Report Cover

Florida’s economy is forecast to continue its impressive growth trajectory through 2030, reaching nearly $1.5 trillion. Based on detailed data from the REC Group, this report analyzes key trends such as population growth, net migration, and employment shifts that will shape the state’s economic future.

Covering projections from 2024 to 2030, the analysis delves into changes in GDP and personal income growth, the evolving impact of tourism, and how Florida’s economic indicators compare with the broader U.S. economy. The report offers valuable insights for policymakers and business leaders navigating Florida’s post-pandemic landscape.

With comprehensive data and expert commentary, this forecast outlines both opportunities and challenges as Florida transitions to more normalized economic conditions. It’s an essential resource for understanding the financial and strategic implications for the state’s future.

Meet the Author:

Jui Shah
Jui Shah
Research Enonomist
LinkedIn

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