South Florida posted GDP growth of 3.3 percent in 2015, a year when the goods and services produced in the tri-county area climbed to $318 billion.
Trade was the fastest-growing segment of the region’s economy, according to the U.S. Bureau of Economic Analysis’ latest release on gross domestic product by metro area.
South Florida — defined as Palm Beach, Broward and Miami-Dade counties — ranked 11th nationally in economic activity, the feds said Tuesday. As usual, the top five metro areas by economic activity were New York, Chicago, Los Angeles, Houston and Washington, D.C.
The state’s strongest growth came in Southwest Florida. Punta Gorda, Fort Myers and Naples all posted economic growth of more than 5 percent.