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, there are nine key commercial industries in Florida. From growing aviation fintech and MRO groups to semiconductor and medical device manufacturing, Florida-based facilities are among the most innovative in the world. And they chose Florida to call home, where today's leaders commit to keeping business taxes and regulatory requirements low to continue paving the way for their success.
Florida is a major agricultural state, but agricultural products aren't even among its 10 most common foreign exports. So, you might be surprised to find that Florida is home to nine of the top 25 U.S. beef producers. UU.
Florida has been famous for its orange cultivation and orange juice ever since Anita Bryant first plugged it in in the 1970s. Solar employment increased 21% in Florida last year, according to the Orlando Sentinel, and residential solar installation accounted 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.S. 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. In the US, it believes less than Vermont, which derives 2.4% of its energy from solar energy. When you think of Florida, you might think of Disney World, Key West and a man from Florida who brought his alligator in a beer race. People use that phrase to suggest that the person they are talking to is gullible, and it is based on the real experience of unfortunate buyers in Florida who found themselves laden with land that was too swampy to build.
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. But Florida is investing in new technology that it hopes will keep the state prosperous for years to come. Florida is known as the Sunshine State, but until recently, all that sun didn't translate into solar energy. Florida attracts companies from several key industries and sizes with its strong economy, infrastructure and a competitive fiscal climate.
While much of that money went to hotels and recreation, other sectors of Florida's economy receive a big boost from foreigners.