Welcoming the World

Florida’s tourism industry is vital to the state’s economy. The industry has a major impact on businesses in various sectors of Florida’s economy, as well as on the revenue provided by the state’s sales and business taxes.

According to the U.S. Travel Association, the travel industry was responsible for more than 826,000 jobs in 2013, or nearly 13 percent of the private industry employment in the state of Florida. These employment numbers ranked second in the nation, trailing only California. Understanding that tourism has such a positive impact on the state of Florida, the question becomes how does Florida best capitalize on our standing as a premier tourist destination?

One area that Florida can target is international tourism. 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.

Documents to download

Previous Article Budget Watch - Proposed House and Senate Budgets for FY2016-17 are $1 Billion Apart
Next Article Q2 2016 Broward Schools SMART Program Report Review
Print
4915
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