Why Florida - CW 2023 Q2 RFS

FLORIDA Why

AN INTERACTIVE LOOK AT DYNAMIC TRENDS DRIVING GROWTH

Its unique blend of a diverse economy, business-friendly policies, access to talent, and strategic location as a gateway to the Americas and Caribbean has proven Florida is a place where you can thrive both personally and professionally.

Florida is projected to surpass 23.0million residents before the end of this decade.

Florida has led the country in new business formations with more than 1.7million created since January 2020 – over one-third of those being launched in 2022.

Over the past decade, Florida became the 3rd most populated state and ranked #1 for net migration in the U.S. for the sixth consecutive year.

In the past five years, Florida's population increased by nearly 1.3 million people, growing over 6.0% to over 22.2 million residents.

Population growth coupled with the state's ports and strong ties to the LatinAmericas andCaribbean have propelled Florida into a global player in the logistics and distribution, e-commerce and supply-chain industry segments.