Research
Beyond Sunshine
A new strategy to build on our strengths, maintain our quality of life, and win in the modern global economy.
Central West Florida boasts a world-class healthcare network, cutting-edge cybersecurity companies, and global connectivity through the state’s largest seaport.
Population: 4.3 million residents
GDP: $234.1 billion
Employment landscape: 2.7 million jobs
Average per capita income: $62,000
Largest Cities: Tampa
Includes the following counties: Citrus, Hernando, Hillsborough, Manatee, Pasco, Pinellas, and Sarasota.
Note: All regional summary data is from the U.S. Bureau of Economic Analysis.
Best Bets
Distribution/Logistics & eCommerce
Distribution & eCommerce: GDP ($14.6 billion); Direct Jobs (64,800); Economic Multiplier (3.0); High productivity; 2022 Venture Capital ($155.4 million)
Transporation & Logistics: GDP ($5.1 billion); Direct Jobs (47,400); Economic Multiplier (2.6); 2022 Venture Capital ($65 million)
Finance & Insurance: GDP ($31 billion); Direct Jobs (114,400); Economic Multiplier (3.0); High geographic concentration; Positive growth during recessions; 2022 Venture Capital ($103.5 million)
Health Services + Biopharma & MedTech
Health Services: GDP ($21.5 billion); Direct Jobs (237,800); Economic Multiplier (2.3); High geographic concentration; 2022 Venture Capital ($106.9 million)
Biopharma & MedTech: GDP ($1.9 billion); Direct Jobs (8,600); Economic Multiplier (2.6); High geographic concentration; Positive growth during recessions; 2022 Venture Capital ($164.3 million)
Emerging Clusters
IT & Tech (including cybersecurity): GDP ($6.1 billion); Direct Jobs (13,000); Economic Multiplier (3.0); High productivity; 2022 Venture Capital ($245.5 million)
Foundations
Hospitality & Tourism: GDP ($11 billion); Direct Jobs (210,100)