Florida - Governor Rick Scott announced today that Florida's Gross Domestic Product (GDP) growth outpaced the national average and the state had the fourth-largest real GDP in the nation.
"Florida's impressive GDP growth outpaced the nation in 2015, including beating large states like California and Texas in the last quarter," said Gov. Scott. "Our low tax and business-friendly environment is helping us welcome businesses and more people who want to live in the Sunshine State. I look forward to continuing this success and creating more jobs for Florida families this coming year."
The Sunshine State's GDP grew by 3.1% in 2015, the third-fastest among all large states, and FL beat the national growth rate of 2.4%.
Florida's 2015 real GDP was $789.8 billion - the 4th largest in the country.
"Florida's steadily growing GDP indicates that Florida businesses are succeeding," said Department of Economic Opportunity Executive Director Cissy Proctor. "This is great news for business owners and Florida families. Our strong economy is further highlighted by a record low unemployment rate and the creation of more than 1.1 million jobs in the last 5 years."
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