Few states can match the scale and scope of Florida's industry assets. Supported by the growth of a strong economy, thriving infrastructure, and a world-class workforce, Florida is home to nine key commercial industries. From aviation fintech and MRO groups to semiconductor and medical device manufacturing, Florida-based facilities are among the most innovative in the world. Businesses choose Florida for its low taxes and regulatory requirements, which pave the way for their success. Agriculture is a major industry in Florida, but it doesn't make the top 10 list of foreign exports.
Surprisingly, Florida is home to nine of the top 25 U. S. beef producers. The state is also famous for its orange cultivation and orange juice, thanks to Anita Bryant's 1970s commercials.
Solar employment increased 21% in Florida last year, according to the Orlando Sentinel, with residential solar installation accounting for 63% of those jobs. Just over 19% of Florida's population is over 65, according to Pew Research, compared to 15% of the U. UU. If Florida were an independent nation, it would have the 17th largest GDP in the world, ranking just behind Indonesia and above Turkey, the Netherlands, Saudi Arabia, Switzerland and Argentina. Scientific American reported that while Florida has the eighth highest potential for solar power generation in the U.
S., it lags behind Vermont, which derives 2.4% of its energy from solar energy.
Floridais known for its tourism industry, but there are other sectors that benefit from foreign investment. People use the phrase 'land of swampland' to suggest someone is gullible; this phrase is based on real experiences of buyers who found themselves with land that was too swampy to build on. As Florida's development grew in the past century, more than half of the original 4 million acres of the Everglades drained and water flow was reduced by more than two-thirds.
Floridais investing in new technology to keep its economy prosperous for years to come. The state is known as the Sunshine State, but until recently, all that sun didn't translate into solar energy.
Companies from several key industries and sizes are attracted to Florida, thanks to its strong economy, infrastructure and competitive fiscal climate.
What Does Florida Sell The Most?Florida has a diverse economy that includes agriculture, tourism, technology and more. Agriculture is a major industry in Florida, but it doesn't make the top 10 list of foreign exports. Beef production is one of Florida's most successful agricultural industries; nine of the top 25 U. beef producers are based in Florida.
The state is also famous for its orange cultivation and orange juice.
Solar Energy IndustryFlorida's solar energy industry has seen tremendous growth in recent years. Solar employment increased 21% last year alone, according to the Orlando Sentinel. Residential solar installation accounted for 63% of those jobs.
Tourism IndustryFlorida's tourism industry receives a big boost from foreign visitors. Hotels and recreation are some of the biggest beneficiaries of this influx of money.
Technology IndustryFlorida's technology industry is growing rapidly thanks to investments in new technology and a competitive fiscal climate that attracts businesses from around the world.
ConclusionFlorida, with its strong economy, infrastructure and competitive fiscal climate, is an attractive destination for businesses from many industries.
Agriculture, tourism and technology are some of Florida's most successful industries.