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Jul 14 - Florida Gross Domestic Product Hits $1 Trillion


 
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 8 months ago '15        #1
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BrotherMan 318 heat pts318
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Jul 14 - Florida Gross Domestic Product Hits $1 Trillion
 

 
Florida Gross Domestic Product Hits $1 Trillion



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Florida’s economy has reached the $1 trillion gross domestic product milestone, according to the Florida Chamber of Commerce Foundation.

“Becoming a $1 trillion economy means Florida is continuing to grow and create jobs, keeping unemployment lower than the national average, and creating economic opportunity,” Jerry Parrish, the foundation’s chief economist, said in a press release.

The benchmark makes Florida’s economy the 17th largest in the world, surpassing countries such as Saudi Arabia, the Netherlands and Switzerland, according to the release. The state hit the mark earlier this week, as Florida adds $2.74 billion to its GDP on a daily basis, Parrish said.

Florida Republicans cheered the milestone. Gov. Rick Scott, who took office in 2011 and is challenging U.S. Sen. Bill Nelson, took some of the credit for the “historic moment” for Florida.

“By working every day to create private-sector jobs, we’ve been able to increase Florida’s GDP by more than $270 billion — 37 percent — since 2010. When I came into office I made it very clear that we would get our economy back on track,” Scott said in the release.

Agriculture Commissioner Adam Putnam, a Republican running in a heated primary race against Congressman Ron DeSantis to replace Scott, gave the nod to the governor, the Cabinet and the GOP-dominated Legislature for “getting Florida’s economy out of the ditch and back on track,” but warned that “complacency is not a strategy and we must continue to do all that we can to make the Florida’s economy as strong and resilient as possible.”

And Chief Financial Officer Jimmy Patronis, a Republican appointed by Scott to the Cabinet post last year, credited the $1 trillion benchmark as “a testament to the work done over the past seven years.” Patronis, who faces a re-election challenge from Democrat Jeremy Ring, also cautioned that the state needs to continue “the policies that have helped us achieve this feat, to ensure Florida remains a top global economy.”


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 https://www.bizjournals.c .. -trillion.html


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 https://www.mypalmbeachpo .. 8vZGq6EFp5RZP/


2017 GDP (Mill)

1. California $2,802,289
2. Texas $1,747,212
3. New York $1,564,340
4. Florida $1,000,055
5. Illinois $835,642
6. Pennsylvania $767,580
7. Ohio $661,077
8. New Jersey $601,940
9. Georgia $563,784
10. North Carolina $547,187
11. Massachusetts $537,127
12. Virginia $517,548
13. Washington $517,236
14. Michigan $512,762
15. Maryland $400,630

25 comments for "Jul 14 - Florida Gross Domestic Product Hits $1 Trillion"

 8 months ago '14        #2
Aries 99 heat pts99
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it took them long enough...with that land and population

 8 months ago '17        #3
Naga Sadow 31 heat pts31
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But why are people in Florida so goddamn porr then?

 8 months ago '17        #4
yousabitch 1 heat pts
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 Naga Sadow said
But why are people in Florida so goddamn porr then?
jobs in florida dont pay sh*t

 8 months ago '16        #5
OWPE 94 heat pts94
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My state thriving, economy is booming making good money


 8 months ago '10        #6
WC323 1 heat pts
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Cali winning.

 8 months ago '17        #7
BlackMa 46 heat pts46
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I’m suprised Atlanta isn’t on the list

 8 months ago '17        #8
arms 21 heat pts21
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Florida went up because of all the Russian's and Latino's moving in.


But in the grand scheme of things none of this means sh*t.

 8 months ago '17        #9
arms 21 heat pts21
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Global debt hits a new record at $247 trillion

Global debt has hit another high, climbing to $247 trillion in the first quarter of 2018, according to a report published Wednesday. Of that figure, the non-financial sector accounted for $186 trillion.

The debt-to-GDP ratio has exceeded 318 percent, marking its first quarterly rise in two years.



Get your socks and helmets on boys and girls. It's gonna be a bumpy ride.


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 8 months ago '04        #10
dc3003 120 heat pts120
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 OWPE said
My state thriving, economy is booming making good money

As a small business owner in tampa im proud to say i have unlimited work.

 8 months ago '17        #11
lostkauze47 1 heat pts
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 BlackMa said
I’m suprised Atlanta isn’t on the list
Atlanta is a city

 8 months ago '18        #12
Neg Mwen 4 heat pts
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Ain't seeing much due to this development

Folk in FL (and elsewhere) underpaid and the cost of living sucks

 8 months ago '17        #13
Naga Sadow 31 heat pts31
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 dc3003 said
As a small business owner in tampa im proud to say i have unlimited work.
Well selling a*s for drugs is always a guaranteed model. I'm glad it works out for you.


 8 months ago '18        #14
bxgangsta 
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 dc3003 said
As a small business owner in tampa im proud to say i have unlimited work.
You hiring?

 8 months ago '04        #15
dc3003 120 heat pts120
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 bxgangsta said
You hiring?
Everyone is hiring. What type of work you looking for. Theres unlimited jobs in the trsde field

 8 months ago '06        #16
Skateboard T 49 heat pts49
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Too bad it’s so racist and a*s backwards in so many parts.

 8 months ago '18        #17
bxgangsta 
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 dc3003 said
Everyone is hiring. What type of work you looking for. Theres unlimited jobs in the trsde field
Whatever you do.

 8 months ago '04        #18
ItAlY2BkLyN 240 heat pts240
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 BlackMa said
I’m suprised Atlanta isn’t on the list
States pleh boy...States!


Good for Florida. Now why can't I get any damn Lemons at my grocery or Costco

Wondering what the main factors contributing to this increase were?

 8 months ago '13        #19
boobalo1 264 heat pts264
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Texas going live

 8 months ago '17        #20
509 12 heat pts12
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 dc3003 said
Everyone is hiring. What type of work you looking for. Theres unlimited jobs in the trsde field
School starts Aug.20 my dude

Forget about that other guy mane. You known me for YEARS now.

 8 months ago '18        #21
Gang Sht 549 heat pts549
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if anyone is wondering the state is high in felony offenders who dont get looked at by hiring jobs thats why its off low paying jobs at that too

 8 months ago '04        #22
skillahmang 3 heat pts
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 BlackMa said
I’m suprised Atlanta isn’t on the list

 8 months ago '04        #23
pocketchange 172 heat pts172
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North Florida is the worst. Of ypu move to Florida move to Orlando or the Tampa area. South Florida is too expensive for average folks.

Don't know why I feel so trapped in Florida and can't out. It's like I can't function in other states.

 8 months ago '05        #24
DatKidDex 
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 BlackMa said
I’m suprised Atlanta isn’t on the list
why would it be..

 8 months ago '18        #25
bxgangsta 
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 pocketchange said
North Florida is the worst. Of ypu move to Florida move to Orlando or the Tampa area. South Florida is too expensive for average folks.

Don't know why I feel so trapped in Florida and can't out. It's like I can't function in other states.
Lived in South Florida my whole life and we’re average folks. But then again that’s probably why we struggled a lot. This where my mom’s whole fam came from Jamaica tho.

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