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If Florida were an independent country, it would rank as the world's 15th largest economy. The gross state product reached $594 billion last year and real estate activity accounted for 44% of that total — a stagering $263 billion.
Real property — building it, buying it — directly provides jobs for 769,000 Floridians. That impact outpaces the contributions of other Florida industries, including tourism, which contributed an estimated $62 billion to the state's economy in 2005.