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Economy

Florida Economic News

Read the latest economic news for Florida, including startups, business growth and unemployment rate reports.

Reforming Florida’s Minimum Wage 

Since approved in 2020 by Florida voters, the state’s minimum wage is increasing every year. In 2023, the minimum wage…

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Survey Reveals 1 in 5 Tech Workers Fear Being Replaced by H1B Visa Holders

A recent survey conducted by job placement company Howdy.com asked 1,004 tech workers on their views of their industry, and nearly half believe the…

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Southwest Airlines to Layoff 15% of Corporate Workers

Southwest Airlines announced that it will lay off about 1,750 employees, or 15% of its corporate workforce. According to an…

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Florida Business Group Unveils 2025 Legislative Agenda

The annual Florida Jobs and Competitiveness Agenda from the Florida Chamber of Commerce outlines priorities they want state legislators to…

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Aldi Sells Winn-Dixie Stores Only 11 Months After Acquisition

Southeastern Grocers, which includes Winn-Dixie and Harvey's Supermarket, is now under new ownership. According to an article in Jacksonvile Business…

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Florida Announces the Highest Tourism Numbers in State History

TALLAHASSEE, Fla.— Florida Governor Ron DeSantis announced that Sunshine State set a record 142.9 million visitors in 2024, a 1.6%…

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Mike Tyson to Headline Funders Forum at Broker Expo 2025 as Industry Leaders Prepare for New Policy Landscape

Legendary boxer and entrepreneur Mike Tyson will serve as the keynote speaker at the 2025 Funders Forum + Broker Expo,…

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Hundreds of CPAs Collaborate to Strengthen and Advance the Profession

Tallahassee, FL (February 6, 2025) – This week, the Florida Institute of Certified Public Accountants (FICPA) hosted more than 100…

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Lockheed Martin to Add 300 Jobs in Central Florida for New Missile Production

Aerospace and national defense contractor Lockheed Martin is establishing a new facility in Titusville, covering approximately 225,000 square feet, to…

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Sprouts Farmers Market to Open 7 New Grocery Stores in Florida

Sprouts Farmers Market is expanding in Florida with plans to open seven new locations in 2025 and hire over 650…

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Report Ranks Miami Among Nation’s Most Expensive Cities for Single Family Rentals

According to South Florida Agent Magazine and recent statistics from Rentometer.com's 2024 Single-Family Rentals Report, Miami ranks tenth overall among the…

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Florida Ranks Among Top-Rated Locations for Employees at Apple, Microsoft, Meta

Glassdoor.com is a website where current and former employees anonymously review companies. Their latest research, partnering up with Switch On Business,…

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