Buying Florida Life Neighborhood News

More Signs The Economy Is Improving

There was a great Viva Miami MediaPlanet insert in today’s Miami Herald titled: Miami Grows followed by, “Industries unite in the expansion of PortMiami, as the city sets sights on becoming an economic engine for South Florida and the nation”.

Though obviously a promo piece, it spews out some positive numbers:
– PortMiami contributes more than $18 billion annually to South Florida’s economy
– Cruise industry up over 2010
– MIA’s air cargo trade is worth more than $50 billion

Construction projects in and around the airport and port are currently underway to maximize additional cargo and improve the related transportation and logistics involved with moving it on to it’s final destination.

The insert also mentions new residential construction projects that are planning to break ground, since only 4,000 of the 23,000 condo untis built during the boom are still waiting for buyers.