The 2023 Florida Business & Economic Mid-Year Report is a Tool Florida Leaders Can Leverage for Success

By: Sheridan Meek, Research Economist, Florida Chamber Foundation

As July starts, Florida is not only in the peak of summer but mid-year 2023. With seven years until 2030, The Florida Chamber Foundation remains committed to uniting the Florida business community for good on the 2030 mission of growing Florida to a top 10 global economy. Currently, if Florida were a country, it would be the 16^th largest economy in the world. Metrics like this serve as key markers of where we are, and staying on top of research about Florida’s workforce, education system, economic development, infrastructure, business climate, and quality of life is essential in helping us stay the course.

One of the most important ways in which we can help Florida leaders lead the 2030 mission is providing regular research and analysis of the metrics that matter to securing Florida’s future. With this in mind, the Florida Chamber Foundation is releasing its first edition of the 2023 Florida Business & Economic Mid-Year Report, a mid-year analysis of the local and national economic trends impacting the way Florida does business. This first edition will be followed by annual editions to keep Florida businesses in the know about Florida’s economic headwinds and tailwinds, serving as a level set to propel them through the remainder of each year and towards 2030.

 The 2023 mid-year report covers where Florida stands with seven key economic drivers that are currently playing a significant role in the strength of Florida’s businesses, communities, and 2030 trajectory:

1. 1. Population Influx/Changing Demographics
   2. State of K-12 Education
   3. Workforce & Career Development
   4. Industry Impact on Florida’s GDP
   5. Tech & Innovation Economy
   6. Housing & Real Estate
   7. Global Connections

In addition to data and analysis on these economic drivers, the report also gives Florida leaders insight into what to watch for. If you have questions about any of the information in the report, please feel free to reach out to me directly at 850-521-1269 or smeek@flchamber.com. I also invite you to take advantage of our other research tools below:

• TheFloridaScorecard.org – view hundreds of state and county level metrics reflecting Florida’s economic progress in becoming a top 10 global economy by 2030
• Follow @FloridaBTN on Twitter – get information on updated data and analysis upon release
• View other Florida Chamber Foundation Research HERE>