Florida continues to attract innovation, business growth, and capital investment while maintaining low taxes and pro-business policies, contrasting with higher-tax, higher-regulation states.
Florida’s Economic Strength
- Ranked the #1 economy in the nation by CNBC for three years in a row.
- Holds a GDP of $1.7 trillion, which would make it the 16th-largest economy if it were a country.
- Leads the nation in GDP growth since 2019, higher education quality (nine years straight), education freedom, and new business formations.
- Recognized as the top state for attracting and developing a talented workforce (three years in a row by Lightcast).
Business-Friendly Environment
- Offers a pro-business, low-tax environment, a world-class talent pipeline, modern infrastructure, and easy access to international markets.
ServiceNow Expansion
- ServiceNow is opening a new regional HQ and innovation hub in Palm Beach.
- Creating 850+ new jobs with an average salary of $170,000, becoming one of Palm Beach County’s largest employers.
- Bringing $51 million in private capital investment to the area.
