Saturday, April 15, 2023

Florida Number 1 in Economic Performance

Rick Scott, Ron DeSantis should be proud: Florida ranked #1 economic performer between 2011-2021

  • Florida is among the top 10 ranked states for economic performance and economic outlook, according to the Rich States, Poor States report from the American Legislative Exchange Council.
  • Florida’s economic growth has improved from an average of 4% to 6% to almost 14% in 2021 despite a dip due to the COVID-19 pandemic shutdowns.
  • Florida’s low tax burdens and worker-friendly policies have led to its top performance in domestic migration, state gross domestic product, and non-farm payroll employment.
  • The economic performance rankings span a ten-year period beginning in 2011 and ending in 2021.
In economic outlook, New York was worst in the rankings, preceded by Vermont, Minnesota, New Jersey and Illinois.

Read more about our great state

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