job growth

Orlando Leads Nation In Job Growth 4 Years In A Row

Orlando Leads Nation In Job Growth 4 Years In A Row

The Orlando region is No. 1 in the nation for job growth for the fourth consecutive year. According to the Bureau of Labor Statistics, the Orlando-Kissimmee-Sanford metropolitan statistical area (MSA) continued its trajectory as the fastest growing job market in the country for 2018. Forbes cited Orlando’s science, technology, engineering and mathematics (STEM) job growth in recent years as one contributing factor, explaining “Orlando (is) actually now adding STEM jobs at a faster clip than the Bay Area metros."

Florida: Gateway to America, Pathway to Global Trade

Florida: Gateway to America, Pathway to Global Trade

Florida's geographic location makes it one of the primary logistics sites for any business seeking to access either the East Coast or Gulf Coast of the United States. Florida is the only state with seaport access in both the Gulf of Mexico and the Atlantic Ocean. In addition, Florida's location allows for cost-efficient access to the Caribbean and South America.

Florida Continues To Break Visitation Records

Florida Continues To Break Visitation Records

Governor Scott said, “Florida’s tourism industry and our entire economy continue to flourish. After having record-breaking tourism in 2017, Florida started off the first half of 2018 by welcoming back-to-back record quarters of visitors. These record-breaking achievements allow our economy to create more jobs and adds to our success of having nearly 1.6 million private-sector jobs created in seven and a half years while our state’s unemployment rate is the lowest in over a decade.”

Orlando Metro Area Cracks 2.5M Population

Orlando Metro Area Cracks 2.5M Population

The Orlando-Kissimmee-Sanford metropolitan area added 56,000 people in 2017. In terms of sheer numbers gained, Metro Orlando ranked No. 8 in the nation, the same as the prior year. The area includes Orange, Seminole, Osceola and Lake counties, and has been the 23rd largest metro.

2018 Real Estate Trends: Expect Growth in Employment, Population and Visitors

2018 Real Estate Trends: Expect Growth in Employment, Population and Visitors

Florida is growing faster in terms of employment growth than the rest of the U.S., which is good for Florida real estate. The three major drivers of the state’s economy are 1) Florida’s business climate, including real estate sales; 2) the U.S. economy and financial market trends; and 3) the global economy.

Florida's Fast-Growth Track May Create Housing Boom

Florida's Fast-Growth Track May Create Housing Boom

Florida has continued to grow at a near nation-leading pace. The state’s population grew by 1.8% in 2016, far more than the 0.7% national population growth rate. Like many of the fastest-growing states, Florida’s rapid population growth was largely due to migration.

Orlando Ranks No. 1 For Job Growth For The Third Year In A Row In 2017

Orlando Ranks No. 1 For Job Growth For The Third Year In A Row In 2017

Job creation in 2017 injected a significant chunk of spending money into the region’s economy with projected direct impact of an additional $2.2 billion in annual payroll added by the growing labor force. That spending power is expected to add $3.4 billion to the gross regional product (GRP) and new state and local tax revenue of $236.9 million.

Record Number Of Higher Education Students Complete Degree Programs In Orlando

Record Number Of Higher Education Students Complete Degree Programs In Orlando

Orlando’s population has become increasingly educated and is closing the gap between the region and rest of the country. Since 2012, the number of bachelor’s degrees awarded within the seven-county region increased 11.8 percent, 3.9 percent above the national average during the same period. Over the last five years, an average of 23,500 baccalaureate students per year have graduated from Central Florida’s higher education institutions. 

Florida Businesses Created Nearly 14,000 Private-Sector Jobs in November

Florida Businesses Created Nearly 14,000 Private-Sector Jobs in November

Florida’s unemployment rate is at a 10-year low and that nearly 14,000 jobs were created for families across the state last month. As we near the end of the year, it is important to reflect on how far our state has come and how we must continue to fight every day to build on this success.

Orlando Home Sales To Global Buyers Jumps 20 Percent In 2017

Orlando Home Sales To Global Buyers Jumps 20 Percent In 2017

“The international real estate market is crucial to Orlando’s real estate industry and overall economy,” says Senior Global Real Estate Advisor, Garry Walmsley with The Orlando Agency, a Division of Global Real Estate Services, Inc. "There were approximately 61,300 Florida homes sold to foreign nationals during the 2017 study’s 12-month period.