Naples Ranks #5 on the List of Top 10 Fastest-growing Economies


According to Yahoo Finance's Daily Ticker, out of the top 21 areas for projected average annual economic growth through 2020, four cities are located in Florida. The South is a leading hot area with construction, energy, computer jobs, professional business services, and of course tourism leading the way. As the US economic forecast is lowered from 2.7% to 2% for 2014, they are predicting a continued stagnant yearly projection of 2.1%. Naples has a projected annual growth rate of 4.6% through 2020.

Florida's low tax rates are surely responsible for the growth.

Scott Pearson GRI, CRS


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