Main Navigation
Sections
Social Media Connect
Our Other Brands
Tampa Bay Business and Wealth Magazine
Tampa Bay Business & Wealth
Economic impact

Florida ranks no. 8 on Shopify’s Entrepreneurship Index

| Jo-Lynn Brown

Shopify, an e-commerce company headquartered in Ottawa, Ontario, partnered with Deloitte to leverage its data and network to create the Shopify Entrepreneurship Index, a dataset that measures entrepreneurship.

According to the Shopify Entrepreneurship Index findings, Florida ranks no. 8 in the country—when measuring the economic impact of entrepreneurs according to gross domestic product impact, job growth, business activity and exports, according to a statement.

Specific Florida findings include:

•          Florida saw growth year-over-year (2021 and 2022) of 9.5% in total jobs, 9.6% in GDP impact, and 9.5% in business activity but -3.3% in export growth.

•          Florida is a juggernaut for entrepreneurial success. While California leads the United States in direct jobs created (134,024), total jobs supported (235,237), GDP contributions ($26.6 billion), and global exports ($2.5 billion), New York (outside the top 10 overall), and Florida follows in second and third.

Here’s how Florida stacks up against other states:

Top 10 U.S. States:

1.         Delaware

2.         Wyoming

3.         California

4.         Montana

5.         Utah

6.         Nevada

7.         Alabama

8.         Florida

9.         Idaho

10.       Hawaii

Note: New York ranked no. 12 and Texas ranked no. 26 You can find more information here: https://news.shopify.com/index-beta

You May Also Like
financial literacy - Mark Cuban, Kim Kiyosaki, Dr. David Phelps
More Economic impact Posts
Energy companies in Tampa Bay are investing in clean and efficient energy initiatives
 |  Jo-Lynn Brown

When I bring up “energy” your first thought might be “coffee,” because you’re tired and feel you need an energy boost.  It also might be something negative about a recent

Read More
Tampa Bay business leaders weigh in on what to expect in 2024
 |  Jo-Lynn Brown

What comes first, growing to expand or expanding to grow? I ask this question often to business leaders I interview, in all industries. And the answer? “It depends.”  That answer

Read More
Visit Tampa Bay launches $1 million campaign to promote regional event spaces
 |  Jo-Lynn Brown

Visit Tampa Bay is launching a $1 million campaign to help promote event meeting spaces in Tampa Bay, targeting meeting professionals and associations across the United States. Referencing the upgrades

Read More
New business openings are at an all-time high, according to Yelp
 |  Michael Connor

New business growth is at an all-time high in the United States, according to a recent Yelp report. More businesses were opened between January and July of 2023, in comparison

Read More
Other Posts
Ports & Planes: Updates from the people and goods movers of Tampa Bay
 |  Jo-Lynn Brown

The business of moving people and goods is a major economic driver in the Tampa Bay region.  Because of the favorable central location of the airports and ports in the

Read More
Economic Development 2023: The business of money
 |  Jo-Lynn Brown

Tampa Bay Business & Wealth reached out to two banking executives and a wealth management firm and asked, “What should our readers know about the financial services industry in 2023?”

Read More
Five takeaways from the St. Petersburg Area EDC’s Annual Meeting (PHOTOS)
 |  Jo-Lynn Brown

The St. Petersburg Area Economic Development Corp. celebrated five years of impact, at the Don Cesar, last week. Since the organization’s founding in 2016, it has announced nearly 2,000 jobs,

Read More
Leaders in banking, real estate and tourism share their thoughts heading into 2022
 |  Contributed Content

Tampa Bay Business and Wealth reached out to leaders in their respective industries to see what trends they are seeing and what they mean. Here’s what they had to say.

Read More