Florida State Profile

Report Page Length: 5-8
Published: October 2009
   
   
Chapters Include:
The Big Picture Employment Data
Major Industry Update Local Real Estate Summary
Website Resources
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Florida State Profile Excerpt

Florida’s business tax climate rates among best in US; high Medicaid costs lead to forecasted budget deficit in 2010, despite tax hikes and spending cuts; Floridians are increasingly optimistic about economic conditions over next five years.

  • State job growth fell 4.8% in August 2009 from a year ago; national job growth fell 4.4%.
  • State unemployment averaged 10.7% in August 2009; the national average was 9.7%
  • Personal income fell 3.7% to $699 billion in Q2 2009 from a year ago.
  • Tax revenue fell 12.0% in Q2 2009 from the previous year.
  • Exports fell 11.8% to $26.3 billion in the first seven months of 2009 from a year ago.
  • Venture capital investment in FL was $65.1 million in Q2 2009, up from $28.6 million a year ago.
 
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