Chamber Foundation study: Global trade played key role in leading Florida out of recession

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Global trade played a key role in leading Florida’s economy out of the recession, according to a study by the Florida Chamber Foundation in partnership with the Florida Department of Transportation. 

Florida created nearly 23,000 new jobs in trade and logistics from 2010 to 2012 and more than 9,000 new jobs in manufacturing. The value of goods exported by Florida companies increased nearly $11 billion to a record $66 billion – and international commerce can be even more important in driving Florida’s future, the report stated. 

If Florida is successful at accelerating key global trade opportunities, the state should be able to create at least 150,000 new jobs in the industry during the next five years. 

“The Florida Chamber Foundation’s study provides a roadmap for tremendous private-sector job growth and positive economic activity,” said Tony Carvajal, executive vice president of the Florida Chamber Foundation in a news release. “In addition to identifying a potential 150,000 new jobs, the Trade and Logistics Study 2.0 recommends developing a trade, logistics and manufacturing talent pipeline, creating Centers of Excellence and the Southeast’s first merchant marine training institute.” 

The report identified seven strategies, according to the news release, that can be accomplished through a coordinated statewide action on workforce, transportation, economic development and business climate.

Via The News-Press.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.