Research
Beyond Sunshine
A new strategy to build on our strengths, maintain our quality of life, and win in the modern global economy.
Inspired by the legacy of the space program, companies in Central East Florida are applying technology to drive advancements in aerospace, finance, healthcare, entertainment, and semiconductor manufacturing.
Population: 5.2 million residents
GDP: $260.5 billion
Employment landscape: 3.2 million jobs
Average per capita income: $53,000
Largest Cities: Orlando
Includes the following counties: Brevard, Hardee, Highlands, Lake, Okeechobee, Orange, Osceola, Polk, Seminole, Sumter, and Volusia.
Note: All regional summary data is from the U.S. Bureau of Economic Analysis.
Best Bets
Aerospace & Defense: GDP ($4.1 billion); Direct Jobs (18,400); Economic Multiplier (2.7); High geographic concentration; Positive growth during recessions; 2022 Venture Capital ($17 million)
Business Services: GDP ($19 billion); Direct Jobs (124,400); Economic Multiplier (2.5); High geographic concentration; 2022 Venture Capital ($701.7 million)
Emerging Clusters
Advanced Manufacturing (Semiconductors): GDP ($1.7 billion); Direct Jobs (2,300); Economic Multiplier (2.4); High geographic concentration; High productivity; High Tradability
IT & Tech: GDP ($4.3 billion); Direct Jobs (10,700); Economic Multiplier (3.0); 2022 Venture Capital ($848.1 million)
Foundations
Health Services: GDP ($21.4 billion); Direct Jobs (238,600)
Hospitality & Tourism: GDP ($20.7 billion); Direct Jobs (362,400)
Real Estate: GDP ($24.8 billion); Direct Jobs (201,300)
Transportation & Logistics: GDP ($8.6 billion); Direct Jobs (74,300)