Which state leads the US in economic growth?

There’s no doubt the economic scene in the country has improved since its lowest point in mid-2009. However, with different states benefiting from a variety of activities such as tourism, agriculture, oil, energy, trade, and others, it’s expected that not all of them will feel the benefits of a more solid nation’s economy at the same pace.

Well.. Not the case in Florida where we are leading the nation in Economic Growth!

Florida not only has a warm weather and privileged location; it also has a growing population making it the third most important state in the country with over 20 million people, which generates a significant demand for all kinds of retail and wholesale goods and services, as wells as real property, transport, etc.

In addition, Florida has low taxes compared to other states like New York or California which tax income on the state level, as well as higher estate taxes which are not found in Florida. This makes it a very attractive state for large companies and high level executives who see Florida as a friendly state to do business in and grow, as mentioned by J. Antonio Villamil from the Washington Economics group in El Nuevo Herald newspaper.  

Want to know more about Florida and how it can benefit you and your investments? 

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