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Our economic infrastructure prepares Tallahassee-Leon County for new business growth

As Director of the Tallahassee-Leon County Office of Economic Vitality, I am pleased to respond to our region’s recent recognition by Area Development Magazine, which ranks the Tallahassee Metropolitan Statistical Area (MSA) as the “Nation’s Strongest Economy.”

The significance of this achievement cannot be overstated, especially given the rigorous evaluation process the publication undertook. The comparison of the Tallahassee MSA to 383 other MSAs across the United States, coupled with careful analysis of 24 economic and labor market indicators, underscores the depth and breadth of our economic strength.

The General Manager of the Amazon Fulfillment Center in Tallahassee shares a little about the new location and her excitement for the grand opening during a ribbon cutting ceremony on Thursday, September 14, 2023.

The General Manager of the Amazon Fulfillment Center in Tallahassee shares a little about the new location and her excitement for the grand opening during a ribbon cutting ceremony on Thursday, September 14, 2023.

Tallahassee is considered the epitome of prosperity, from robust job growth in above-average wage industries to steady growth in our gross domestic product (GDP) to a remarkable reduction in our unemployment rate.

This recognition is a testament to our current economic health and reflects the visionary leadership and strategic planning that have paved the way for our success. Our community leaders have demonstrated foresight and commitment by allocating 12% of the surtax revenue to economic development initiatives. This decisive action has created the financial backbone to encourage growth and innovation. Thanks to everyone's hard work, we have an economic infrastructure primed for growth and a diversified tax base that ensures we can build and support a world-class community with critical resources for education, safety and healthcare.

Florida State University’s National High Magnetic Field Laboratory is located in Innovation Park.Florida State University’s National High Magnetic Field Laboratory is located in Innovation Park.

Florida State University’s National High Magnetic Field Laboratory is located in Innovation Park.

The existing companies and entrepreneurs that continually contribute to a dynamic business landscape are central to our thriving economy. Their tireless drive and ingenuity form the foundation of our economic vitality. In addition, the numerous resources of our prestigious institutions of higher education – Florida State University, Florida A&M University and Tallahassee Community College – play a critical role in nurturing talent and promoting research and development.

Our active Chambers of Commerce deserve recognition for their holistic approach to tackling the challenges facing the business community and have played a key role in creating an environment where businesses can thrive, adapt and innovate.

Tallahassee-Leon County has strategically focused on key industries including healthcare, applied sciences, professional services, technology and transportation/manufacturing logistics. This focused approach has enabled us to leverage our strengths and attract investment, further solidifying our status as an economic engine.

A cornerstone of our inclusive economic strategy is the Office of Economic Vitality's Minority, Women, and Small Business Division. Through procurement opportunities and comprehensive support, we promote a diverse and inclusive economy where everyone has the opportunity to succeed.

In summary, Area Development Magazine’s ranking recognizes our collective efforts and strategic investments and celebrates the resilience, innovation and inclusiveness of our community.

We extend our deepest gratitude to the leaders, businesses, educational institutions and community organizations that contributed to this remarkable achievement. Together, we will continue to build on this success and advance the economic vitality of Tallahassee-Leon County.@tallahassee.com

Keith BowersKeith Bowers

Keith Bowers

Keith Bowers is director of the Tallahassee-Leon County Office of Economic Vitality.

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This article originally appeared on Tallahassee Democrat: Our economic infrastructure prepares Tallahassee for new job growth

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