The state's economic growth topped Georgia and South Carolina, its closest competitors, which experienced upticks of 2.3 percent and 2.2 percent, respectively.
Florida’s economy grew by 2.7 percent in 2014, leading the Southeast Region and eclipsing the national growth rate of 2.2 percent, according to a new report by the Bureau of Economic Analysis.
The state’s economic growth topped Georgia and South Carolina, its closest competitors, which experienced upticks of 2.3 percent and 2.2 percent, respectively.
For small business owners in the real estate, rental and leasing business, there was good news: It was the largest contributor to growth in the Southeast region in 2014.
Fueled by an energy boom, North Dakota saw the most growth of any state last year. Meanwhile, only two states across the U.S. saw no growth, according to the report: Alaska and Mississippi.
Only 10 states, mostly situated in the Southwest region, saw more growth than Florida.
