Florida surpasses major economy milestone

Florida’s economy keeps on notching victories. The latest triumph: The state’s GDP surpassed $1 trillion — a new milestone.

To digest that figure another way, consider this: Florida’s economy is now the No. 17 largest in the world, ahead of Saudi Arabia, the Netherlands, Switzerland and Argentina, according to a statement from the Florida Chamber Foundation. It’s reminiscent of a American Enterprise Institute report from 2016, when Florida’s GDP of $883 billion was about the same as Indonesia, which was at $859 billion.  The gap? Florida’s workforce, 9.3 million people, was a fraction of Indonesia’s 115 million employees.