Florida State (U.S.A.), a land of tourism records, of medical and research facilities, power boats, agriculture, military bases
Florida is at the core of the streamlined development
of the United States of America. The realities are very exciting at any levels.
Then, one can observe that, the Brickell Financial District in Miami contains
the largest concentration of international banks in the United States.
Tourism, industry,
construction, international banking, biomedical and life sciences, healthcare
research, simulation training, aerospace and defense, and commercial space travel
is contributing to the state's economic development.
With its market of + 20 million consumers, Florida has the Gross
Domestic Product (GDP) close to $748 billion. Its GDP is the fourth largest
economy in the United States.
In
2010, it became the fourth largest exporter of trade goods. The economy is
driven almost entirely by its nineteen metropolitan areas.
As of January 1, 2017, Florida's minimum wage was $5.08 for tipped
positions, and $8.10 for non-tipped positions, which was higher than
the federal rate of $7.25.
Florida has 4 cities in the top 25 cities in the U.S. with the most credit card
debt. The state also had the second-highest credit card delinquency rate, with
1.45% of cardholders in the state more than 90 days delinquent on one or more
credit cards.
The Port of Miami is the world's largest cruise ship port.
Tourism makes up one of the largest sectors of the
state economy, with
nearly 1.4 million persons employed in the tourism industry in 2016 (a record
for the state, surpassing the 1.2 million employments from 2015). In 2015, Florida broke the 100-million visitor mark
for the first time in state history by hosting a record 105 million visitors and broke that record in 2016 with 112.8 million tourists; Florida has set
tourism records for six consecutive years.
Many beach towns are popular tourist destinations, particularly during
winter and spring break. Twenty-three
million tourists visited Florida beaches in 2000, spending $22 billion. The
public has a right to beach access under the public trust doctrine, but some
areas have access effectively blocked by private owners for a long distance.
Amusement parks, especially in the Greater Orlando area, make up a
significant portion of tourism.
Agriculture is the second largest industry in the
state. Citrus fruit, especially
oranges, are a major part of the economy, and Florida produces the majority of
citrus fruit grown in the United States.
Other products include sugarcane, strawberries, tomatoes and celery. The
state is the largest producer of sweet corn and green beans for the U.S.
The Everglades Agricultural Area is a major center for
agriculture. The environmental impact of agriculture, especially water
pollution, is a major issue in Florida today.
The Miami Civic Center has the second-largest concentration of medical and
research facilities in the United States.
Florida is the leading state for sales of power boats. There was $1.96 billion worth of boats sold in 2013.
Phosphate mining, concentrated in the Bone Valley, is the state's
third-largest industry. The state produces about 75% of the phosphate required
by farmers in the United States and 25% of the world supply.
Florida has developed a sizable aerospace industry.
Another major economic engine in Florida is the United
States military. There are 24 military
bases in the state, housing three Unified Combatant Commands; United States
Central Command in Tampa, United States Southern Command in Doral, and United
States Special Operations Command in Tampa. Some 109,390 U.S. military personnel stationed in Florida,
contributing, directly and indirectly, $52 billion a year to the state's
economy.
Florida is second only to Texas in the percentage of its citizens without health
insurance.
Florida has the largest collection of Art Deco and Streamline Moderne buildings in
both the United States and the entire world, most of which are located in the
Miami metropolitan area.
Florida's highway system contains 1,473 mi (2,371 km)
of interstate highway, and 9,934 mi (15,987 km) of non-interstate
highway, such as state highways and U.S. Highways.
Floridians consume 21 million gallons of gasoline
daily, ranking it third in national
use. Motorists have the 45th lowest rate of car insurance in the U.S. 24% are
uninsured.
Miami International Airport is the world's 10th-busiest
cargo airport, and second busiest airport for international passengers in the
U.S.
Florida is served by Amtrak, operating numerous lines
throughout, connecting the state's largest cities to points north in the United
States and Canada.
The Miami Metrorail is the state's only rapid transit system. About 15%
of Miamians use public transit daily.
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