South Florida, Tampa, Orlando economic output grows
3:40 PM, Sep 17, 2013
ORLANDO, Fla. (AP) -- The economic output in Florida's three largest metro areas grew by more than 3 percent last year.
The Bureau of Economic Analysis said Tuesday that the gross domestic product grew by 3.5 percent in South Florida, 3.1 percent in Tampa and 3 percent in Orlando.
South Florida is made up of Miami, Fort Lauderdale and West Palm Beach.
According to the federal bureau, the leading driver of economic output in South Florida was trade. Trade was the leader in Tampa, too, but leisure and hospitality was the top driver of economic output in Orlando.
Nationally, metro areas had average growth in gross domestic product of 2.5 percent.
The fastest growth in economic output nationally was in San Francisco, Houston and Dallas.