Florida Economic Outlook 2026

GDP growth, unemployment, tariff impacts, and economic forecast for Florida heading into the 2026 elections.

3.2%
GDP Growth Rate
3.3%
Unemployment Rate
Surplus
State Budget Outlook
Growing
Job Growth Forecast

2026 Economic Overview

Florida’s economy is strong but insurance costs are becoming a major political issue. DeSantis and Republicans credit deregulation; Democrats blame climate inaction.

Key Economic Indicators

IndicatorValue / Status
GDP Growth Rate3.2%
Unemployment Rate3.3%
Top Economic SectorTourism, Real Estate, Healthcare
State Budget OutlookSurplus
Job Growth ForecastGrowing
Tariff ImpactLow — service economy less exposed to goods tariffs
Key Economic RiskHurricane risk; insurance crisis constraining real estate; sea level rise

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