Transportation in the Florida Economy

1
Transportation in the Florida Economy
Source Bureau of Economic Analysis, U.S. Dept.
of Commerce
2
What is the Demographic of Florida Exporters

• Employment related to Manufacturing in 2006
• 128,200 jobs tied to manufacturing exports
• 40,000 tied directly to manufacturing
• 88,200 worked in supporting industries
• 2007 Exporters of record
• 33,503 Total
• 31,879 were SMEs (95)

3
Foreign Trade Zones

• FTZs normally administered by a public agency
  with subzones to private manufactures or
  processors
• Products shipped into a facility, and stored for
  reexport with other products or to be blended
  with domestic products for export or import into
  the U.S.
• Operate outside of Customs
• Can avoid or delay paying duties for imported
  cargos
• Florida FTZ include
• FTZ No.25 Broward County Port Everglades Dept.
  of Broward County
• FTZ No. 32 Miami Greater Miami Foreign Trade
  Zone
• FTZ No. 42 Orlando Greater Orlando Aviation
  Authority
• FTZ No. 64 Jacksonville Jacksonville Port
  Authority
• FTZ No. 65 Panama City Panama City Port
  Authority
• FTZ No. 79 Tampa City of Tampa
• FTZ No. 135 Palm Beach County Port of Palm
  Beach
• FTZ No. 136 Brevard County Canaveral Port
  Authority
• FTZ No. 166 Homestead Vision Foreign-Trade
  Zone, Inc.
• FTZ No. 169 Manatee County Port Authority
• FTZ No. 180 Miami Wynwood Community Economic
  Development Corp.
• FTZ No. 193 Pinellis County Pinellis County
  Economic Development
• FTZ No. 198 Volusia Flagler Counties Volusia
  County Foreign Trade Zone

4
Foreign Trade Zones

• Florida FTZ contd
• FTZ No. 213 Fort Meyers Lee County Port
  Authority
• FTZ No. 215 Sebring Sebring Airport Authority
• FTZ No. 217 Ocala Economic Development Council,
  Inc. Operator
• FTZ No. 218 St. Lucie County Central Florida
  Foreign Trade Zone, Inc.
• FTZ No. 241 Fort Lauderdale, City of Fort
  Lauderdale
• FTZ No. 249 Pensacola Pensacola-Escambia County
  Promotion Development Commission
• FTZ No. 250 Seminole County Sanford Airport
  Authority

5
2007 Direct Foreign Investment in Florida

• Employed 245,800 workers in Florida
• Major foreign investors Japan, the United
  Kingdom, Germany, the Netherlands, and Canada.
• 14 percent (34,600 workers) were in the
  manufacturing sector.
• Contributed 3.4 percent of the state's total
  private-industry employment in 2007

Source U.S. Department of Commerce, Bureau of
Economic Analysis