Why Florida - CW 2023 Q2 RFS

Competitive Advantage

Cost of Living Comparison

Labor Pool & Talent

Sum of Cost Index

FLORIDA RANKED #15 IN WORKFORCE

TAMPA BAY BUSINESS JOURNAL

193.3 HIGHEST COST OF LIVING

BY YEAR END 2022, FLORIDA BEAT OUT NEW YORK IN TOTAL EMPLOYMENT FOR THE FIRST TIME IN HISTORY. U.S. BUREAU OF LABOR STATISTICS

100.3

FLORIDA

83.3 LOWEST COST OF LIVING

Business Environment

#4 BEST BUSINESS TAX CLIMATE TAX FOUNDATION, 2021 EMPLOYMENT IS 10% ABOVE PRE PANDEMIC LEVEL MOODY'S ANALYTICS

#8 BEST STATE FOR BUSINESS CHIEF EXECUTIVE MAGAZINE, 2022 BIZ2CREDIT PRO-BUSINESS LOCAL & STATE GOVERNMENT NICHE 2020

% Change in Job Growth 2022 – 2023

6 %

5 %

4.9 %

Work/Life Balance

4 %

81° AVG HIGH 60° AVG LOW ENTERPRISE FLORIDA

NO STATE OR LOCAL PERSONAL INCOME TAX LOW PROPERTY TAXES COMPARED TO NORTH 11 MAJOR LEAGUE SPORTS TEAMS

3 %

2 %

1 %

0 %

NEVADA

TEXAS

FLORIDA

WASHINGTON HAWAII

TENNESSEE

OREGON

NEW YORK

NORTH CAROLINA NEW JERSEY

CALIFORNIA KANSAS

GEORGIA

ARKANSAS

SOUTH CAROLINA

PENNSYLVANIA

MASSACHUSETTS ARIZONA

NEW MEXICO IDAHO

ALASKA

VIRGINIA

OKLAHOMA

MONTANA

MISSOURI UTAH

NEW HAMPSHIRE DELAWARE ILLINOIS

INDIANA

MINNESOTA

SOUTH DAKOTA MAINE

ALABAMA IOWA

NEBRASKA

MICHIGAN

KENTUCKY

NORTH DAKOTA

CONNECTICUT WYOMING

COLORADO

LOUISIANA

VERMONT

WISCONSIN

MISSISSIPPI

RHODE ISLAND

DISTRICT OF COLUMBIA OHIO MARYLAND WV

Cushman & Wakefield | Why Florida

U.S. Bureau of Labor Statistics