Jacksonville's economy is on the rise, and the city is quickly becoming a major player in the Sunshine State's market. According to new data from the Bureau of Economic Analysis, Jacksonville's gross domestic product (GDP) grew by 2.4 percent in 2017, making it the fifth-fastest growing economy in Florida. This growth is due in large part to the city's thriving aerospace and defense industry, which accounts for nearly 10 percent of Jacksonville's GDP. In addition, the health care sector is also growing rapidly, and this sector alone accounted for over 30 percent of the city's GDP growth in 2017. With these positive trends in place, it looks like Jacksonville's economy is on track to continue growing in 2018 and beyond.
Californians are leaving their beloved Golden State in droves for the Sunshine State. With its warm weather, lower taxes, and no state income tax, Florida has become an attractive destination for Californians looking for a new home. Whether it's to escape the hustle and bustle of city life or to find a more affordable place to raise a family, Florida has become the great escape for many Californians.