State of Florida the Economy at Light Speed Technology and Growth in the Information Age and Beyond
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People also ask
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How has Florida's economy been affected by space exploration?
Space Florida's impact extends to the entire aerospace workforce, with Space Florida projects supporting nearly 20% of Florida's estimated aerospace workforce. Of these jobs supported, 45% are in the knowledge-based services industry sector, 25% are in construction, and 11% in manufacturing.
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How many jobs are in Florida because of the space industry?
Over 150,000 jobs throughout Florida are related to the space industry in some way. And that could be anything from people who are getting the launch vehicles ready to creating the technologies that go on the spacecraft - the guidance systems, the navigation systems, the rocket propulsion.
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Where would Florida rank in economy if it was a country?
0:00 1:13 When it comes to Innovation. Potential that last category includes things like jobs. And high-techMoreWhen it comes to Innovation. Potential that last category includes things like jobs. And high-tech Industries inventor patents per population.
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What makes up most of Florida's economy?
Agriculture, tourism, industry, construction, international banking, biomedical and life sciences, healthcare research, simulation training, aerospace and defense, and commercial space travel contribute to the state's economy.
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How does space exploration affect the economy of Florida?
Space exploration and related industries pumped billions of dollars of federal funding into Florida's economy. The National Defense Education Act of 1958 provided federal funding for education, especially in mathematics, science, engineering and modern foreign languages.
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What is the biggest contributor to the economy in Florida?
The largest industries by revenue in Florida are Professional Employer Organizations, New Car Dealers and Hospitals, which generated $114.0b, $100.2b and $80.8b in 2024. 1.
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How does space exploration affect the economy?
The growth of the space travel industry – involving both government space agencies and private companies – contributes to job creation and economic progress. Collaborative efforts between private entities in space exploration drive competition and innovation in this sector.
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How does NASA benefit Florida?
In Florida alone, NASA activities in FY2023 supported 35,685 jobs in the state and $8.2 billion in economic output, resulting in an additional $286.6 million in state tax revenue.
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