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| George Livingston |
Livingston, chairman of NAI Realvest in Maitland, said a
recent report from Jones Lang LaSalle shows that Florida’s year-over-year
economic growth is outpacing most of the nation.
“Florida’s population growth is expanding at an estimated
1.5 percent per year. That’s high, and that’s good news for our economy,”
Livingston said.
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| Fort Lauderdale, FL beaches |
Population growth fuels Florida’s economic engine,
Livingston explained.
“Senior citizens moving to Florida and
minorities---especially Hispanics---are leading our economic recovery,”
Livingston said. “As the economy expands, workers will move to Florida to fill
the new jobs,” he said.
Key growth industries are healthcare, life sciences,
bio-tech, aerospace, simulation, gaming, software and IT and clean tech,
Livingston said.
“Florida has significant assets in science, technology,
engineering and mathematics that support high value economic growth,”
Livingston said.
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| Lake Nona, FL Village Walk |
The state continues to provide launch services to the space
industry, and emerging medical and bio-tech clusters such as Lake Nona in
Orlando attract new technology.
“Florida’s universities aggressively license their intellectual
research properties to support new company start-ups and technologies,”
Livingston added.
International trade is likewise important. Florida is the
fourth largest exporting state in the U.S., with major ports at Jacksonville,
Canaveral, Everglades, Miami, and Tampa and many regional cargo ports.
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| Tourists in Miami Beach Enjoy Hotel Pool |
But tourism remains Florida’s number one industry.
“We host about 86 million visitors a year, roughly 1.5
million every day, and they spend $67 billion here annually. That is a huge
economic driver,” Livingston said.
Florida’s housing industry is starting to recover, fueled in
part by Latin American buyers, Asians and Europeans.
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| Church Street Station, Downtown Orlando |
“Florida is renowned as a retirement destination, it is
international in scope and historically ingrained,” Livingston said. “Warm
weather, beaches, affordability, and our low tax environment are our primary
assets and they are proving invaluable as our economy recovers,” he said.
Florida historically has been a fast growing economic driver
for America. The new emerging
technology, agriculture, and logistic components will assist the state in
recovering its dynamics and contribute to national growth, Livingston said.
Contacts:
George Livingston, Chairman, Green Global Investments
407-875-9989 Glivingston@realvest.com
Larry Vershel, Larry Vershel Communications Inc. 407 644
4142 Lvershelco@aol.com
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