Florida GDP growth ranks 21st among states, outpacing U.S

As reported by the U.S. Bureau of Economic Analysis, Florida’s Gross domestic product rose 1.4 percent in the first quarter, slightly faster than the nation’s growth of 1.2 percent, placing Florida 21st among the states for annualized growth rates. Florida’s 1.4 percent increase in GDP was well in advance of the state’s 0.8 percent decline in GDP reported in the first quarter of 2016. For all of 2016, Florida’s GDP grew to 3.0 percent, which is twice as fast as the 1.5 percent growth of the nation as a whole. Refer the article for full details here

 

Posted on July 29, 2017, in Development, Uncategorized and tagged , . Bookmark the permalink. Leave a comment.

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