Florida GDP exceeded $ 2018 trillion in XNUMX - that is, if Florida were a state…
Florida GDP Exceeds $ 2018 Trillion in XNUMX -
That is, if Florida were a separate state it would be 17th in the world in terms of GDP, more so than the Netherlands, Turkey and Argentina.
** Home prices in Orlando have risen by about 65% over the past five years and are expected to continue rising according to Forbes Magazine. **
Other interesting facts about Florida according to businessinsider.com:
?Two-thirds of its land is allocated to agriculture. The number one export industry in agriculture is meat, more than citrus fruits.
?Nevertheless, the general export industry is number one and much larger than agriculture is civilian aircraft.
?Preferred target for retirees - 19% of the population over the age of 65, compared to 15% in the entire US.
?Tourism is the number one industry with an annual turnover of about $ 115 billion.
?Disney World in Orlando employs more people in a single location than any other company in the U.S. - about 70,000 employees. Every year, about 52 million tourists visit their parks alone, two and a half times the total population of Florida.
A strong and growing economy and not too high real estate prices are the reasons why I have been concentrating on the real estate market in Orlando in recent years.
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