Research
Beyond Sunshine
A new strategy to build on our strengths, maintain our quality of life, and win in the modern global economy.
The gateway to Latin America, Southeast Florida is home to a world-class financial sector, major seaports and international airports, and emerging healthcare, aviation, and high-tech ecosystems.
Population: 6.9 million residents
GDP: $443.2 billion
Employment landscape: 5.1 million jobs
Average per capita income: $78,000
Largest Cities: Ft. Lauderdale, Miami, West Palm Beach
Includes the following counties: Broward, Indian River, Martin, Miami-Dade, Monroe, Palm Beach, and St. Lucie.
Note: All regional summary data is from the U.S. Bureau of Economic Analysis.
Best Bets
Distribution & eCommerce: GDP ($38.5 billion); Direct Jobs (157,700); Economic Multiplier (3.0); High geographic concentration; High productivity;
2022 Venture Capital ($554.7 million)
Finance & Insurance: GDP ($51.1 billion); Direct Jobs (150,900); Economic Multiplier (3.0); High geographic concentration; High productivity;
Positive growth during recessions; 2022 Venture Capital ($3.7 billion)
IT & Tech: GDP ($8.9 billion); Direct Jobs (17,000); Economic Multiplier (3.0); High productivity; 2022 Venture Capital ($1.4 billion)
Emerging Clusters
Aviation & Aerospace: GDP ($2.4 billion); Direct Jobs (9,100); Economic Multiplier (2.7); Positive growth during recessions; 2022 Venture Capital ($47 million)
Health Services + Biopharma & MedTech
Health Services: GDP ($39.3 billion); Direct Jobs (409,600); Economic Multiplier (2.3); High geographic concentration; High productivity; 2022 Venture Capital ($336.9 million)
Biopharma & MedTech: GDP ($2.3 billion); Direct Jobs (9,000); Economic Multiplier (2.6); Positive growth during recessions; 2022 Venture Capital ($392.9 million)
Foundations
Commercial Services: GDP ($30.8 billion); Direct Jobs (304,300)
Hospitality & Tourism: GDP (22.1 billion); Direct Jobs (372,300)
Real Estate: GDP ($43.3 billion); Direct Jobs (417,300)
Transportation & Logistics: GDP ($18.4 billion); Direct Jobs (157,100)
