One of
the most densely populated and developed regions of Florida,
the Southeast offers a number of advantages to businesses,
including a proximity to large urban centers such as Miami
and Ft. Lauderdale.
Infrastructure:
The region provides easy access to international markets
via several international airports and deep-water seaports.
Home to a Network Access Point, the AMPATH network, and
numerous Internet-related companies, the region is considered
to be one of the major telecom hubs in the world and offers
many other technological advances in voice, video and data
transmission.
Industry: Companies
that want to compete on the international level find Southeast
Florida the perfect strategic location for their businesses.
As a result, Latin American companies often locate their
regional headquarters in the area. In fact, Miami is recognized
as the business capital of Latin America. Furthermore, globally-bound
innovative companies find the area’s talented, multi-cultural
workforce, its high-tech environment and its international
opportunities appealing.
Workforce: Southeast
Florida offers a large pool of highly skilled individuals,
and is home to several research universities, such as the
University of Miami, Florida International University and
Florida Atlantic University , which continue to increase
the knowledge base in the area. Additionally, the area’s
culturally diverse population serves as an excellent resource
for global corporations requiring a multi-lingual workforce.
Quality of Life:
Southeast Florida’s diverse ethnic and cultural environment
and its year-round outdoor lifestyle are well-known. Plenty
of other attractions, such as major cultural institutions,
shopping experiences, fine restaurants, and four professional
sports teams, also draw smart and sophisticated audiences.
Add in a variety of attractive housing options in both urban
and suburban locations, and it’s clear that the Southeast
region offers a unique and rich quality of life.
Some of the largest and best-known
Florida cities such as Miami-Fort Lauderdale-Pompano Beach,
as well as Sebastian-Vero Beach, and Port St. Lucie comprise
the metropolitan areas in the Southeast region.
Southeast Florida: Economic Indicators
Indicator
Southeast
Population, 2006 6,060,811
Labor Force, 2006 3,049,287
Total Employment, 2006 2,942,316
Unemployment Rate, 2006 3.5
Personal Income, 2005 ($Billions) $226.0
Per Capita Personal Income, 2005 $37,623
Number of Foreign-Affiliated Companies, 2007 1,391
Cost of Living Index, 2006 (U.S. Average=100) 113.2
Median Home Price, 2006 $345,375
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