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Graph and download economic data for Gross Domestic Product: All Industry Total in Florida (FLNGSP) from 1997 to 2024 about GSP, FL, industry, GDP, and USA.
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Graph and download economic data for Real Gross Domestic Product: All Industry Total in Florida (FLRGSP) from 1997 to 2024 about GSP, FL, real, industry, GDP, and USA.
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The Major Label Music Production industry in Florida is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.
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The Major Household Appliance Manufacturing industry in Florida is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.
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TwitterThis data set includes the value of mineral production by state in the United States in thousands of U.S. dollars. The data represent commodities covered by the National Minerals Information Center of the U.S. Geological Survey. This data set includes years going back to 1990 and going through 2011; estimated data for 2012 and 2013 are available in the Mineral Commodity Summaries but are not included here because they are not considered final.
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TwitterFlorida Power & Light Company was the largest retailer of electricity in the United States in 2023. That year, the retailer sold over 127 terawatt-hours of electricity across all customer sectors. Its largest customer base are households, accounting for 55 percent of sales. Florida Power & Light Co. is also the leading U.S. electric utility by number of customers. Virginia Electric & Power Co ranked second in terms of overall sales, led by the commercial sector, with over 53 terawatt-hours sold.
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Convention and visitor bureaus enjoyed a sharp uptick in national travel, stronger travel expenditure growth among businesses and individuals and consistent interest in conference planning and booking needs. Despite initial volatility amid pandemic-era lockdowns in 2020 that heavily constrained travel, the reopening of major tourist destinations, such as Las Vegas and New York City, prompted a sharp incline in domestic travel. Continued expansion of consumer spending, coupled with higher business propensity in setting up in-person conferences resulted in a sharp 127.9% acceleration of inbound international travelers. These tourists and business conference attendees required information on public accommodations, tourist attractions and city sights, resulting in considerable demand spikes for bureaus. While elevated interest rates continue to pose a potential issue in higher travel spending, resilient consumer spending and growth in core leisure and business expenditures boosted bureau services demand. Revenue accelerated at a CAGR of 9.1% to an estimated $3.7 billion over the past five years, including an expected 1.6% boost in 2025 alone. Profit also expanded to 9.4% in 2025, buoyed by greater implementation of digital tools for bookings and travel plans. Conference and visitor bureaus were heavily impacted by the incline in technological usage across the travel space. More individuals and businesses have begun using digital tools, such as smartphones and contactless check-ins, to help book trips and source information on their travel destination, encouraging incumbent bureaus to develop more in-house digital tools that could assist with sourcing information and promoting local municipalities. Online travel sites continue to make up the bulk of competitive threats, as they enable individuals to compare fares and directly book trips online instead of using visitor bureaus. Nonetheless, bureaus remain highly popular among conference planners, strengthening the industry’s profitability even amid digital competition. Moving forward, convention and visitor bureaus are poised to benefit from continued incline in consumer spending and stable travel trends. Higher expenditures on business conferences, particularly among larger corporate clients, will provide a lucrative revenue niche for bureaus in corporate-heavy areas like New York City. Technological proliferation will continue to change how bookings and travel plans are conducted, forcing higher investment in digital technology to maintain market relevance. Finally, robust international events such as the 2026 FIFA World Cup and 2028 Summer Olympics will provide key regional tourism and travel accelerants. Revenue is expected to grow at a CAGR of 1.8% to an estimated $4.1 billion over the next five years.
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TwitterIn Florida, the mining, quarrying, and oil and gas extraction industry added around 990 million chained 2017 U.S. dollars of value to the state's gross domestic product (GDP) in 2023. The total value added to Florida's GDP by all industries was about 1.29 trillion U.S. dollars that year.