Economy and Business


Marine Industry

marine01Marine commerce is the leading industry in Greater Fort Lauderdale and Broward County, accounting for more than 134,000 jobs and $10.78 billion in total economic impact.

With more than 300 miles of waterways, marinas, and marine manufacturing and repair facilities, Greater Fort Lauderdale is a world-renowned port of call for the yachting industry.

The City also hosts the Fort Lauderdale International Boat Show, an annual event with an economic impact of $650 million.

Tourism Industry

marine02Tourism is Greater Fort Lauderdale’s second largest industry. In 2015, Greater Fort Lauderdale welcomed 15.4 million visitors spending more than $14.2 billion in Broward's economy. There are 180,000 people employed in the tourism industry in Broward County. For every 85 visitors, one job in Broward is supported.

Trade & Business Development

Fort Lauderdale has emerged as one of the fastest growing markets for global trade, with more than 40% of local businesses engaged in or supporting international commerce. The City remains at the forefront of South buildings01Florida’s emerging “Internet Coast,” a region that is home to more than 6,000 high technology firms.

A growing list of nationally-recognized corporations have established business operations in Fort Lauderdale with corporate or Latin American headquarters, including: AT&T, AutoNation, BankAtlantic, Citicorp, Citrix Systems, Galaxy Latin America, Hewlett-Packard, Microsoft Latin America, Motorola Latin America, Republic Industries, South African Airways, Spherion Corporation,, and Voicestream Wireless.

Ranking Fort Lauderdale as one of the “100 Best Places to Live
and Launch” a business, CNN/Money reported:

". . . Fort Lauderdale has felt less impact (from the real estate market) than the regions in and around Miami. The hottest businesses here are a reflection of the subtropical climate and locale. Pleasure boat construction and services are a major sector, while the tourism industry, in general, stays strong, thanks in large part to the Canadians and Europeans attracted to the weak dollar. What's more, a 600,000-square-foot convention center plays host to trade shows that bring a variety of industrial leaders from all over the country in contact with local businesses. Besides the usual pleasures to be expected from a city by the sea (sun, surf, sailing and swimming), Fort Lauderdale offers a lively downtown, with museums, galleries, live music, theater and fine restaurants. And for sports-crazed fans, there are no less than seven pro teams to root for in the surrounding area.”