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Florida Real Estate News

Florida Industries... Did you know?

Apr. 17, 2006
Categorized in: Florida Facts / Information
Florida facts, Florida information, Florida state facts, Florida quick facts, Florida geography facts, Florida info

 

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.

 

Source: ©Florida Association of Realtors®