Florida is America’s Australia, opens the article, before noting that approximately 200,000 residents departed New York and New Jersey in recent years, with Florida becoming their primary destination. The state recently surpassed New York as the nation’s third most populous, and its gross domestic product has exceeded $1 trillion.
The state’s economy has diversified considerably beyond its historical dependence on tourism. Today it encompasses international trade, agriculture, aerospace, and aviation sectors. South Florida leads in startup activity, with the Miami-Fort Lauderdale area ranking first among major U.S. metropolitan areas for business creation.