Florida's economic engine keeps on humming

Florida remains a top 10 state nationally in a bevy of economic metrics, a new report shows. But some warts are starting to show in the state, particularly in worker’s compensation costs and the judicial climate businesses face.   

Overall, the Sunshine State ranked No. 6 in economic performance and No. 7 in economic outlook in the annual Rich States, Poor States report from the American Legislative Affairs Council. The organization compiles the report, the ALEC-Laffer State Economic Competitive Index, in conjunction with economists Arthur Laffer, Stephen Moore and Jonathan Williams. (ALEC is a nonprofit think tank of state legislators focused on limited government, federalism and free marks policy, while Laffer and Moore have been prominent fiscal policy advisors for several presidents, including President Donald Trump.)