Posted 12/7/2023, 4:15:56 PM
Tampa Bay Economic Growth Slows in 2022 But Still Outperforms National GDP
- Tampa Bay's GDP grew 4.9% in 2022 to $187.7 billion, slower than 2021's 8.2% growth but higher than pre-pandemic levels
- Hillsborough County had the fastest GDP growth in Tampa Bay at 5.4%
- Pasco County slowed the most from 10.7% growth in 2021 to 3.9% in 2022
- Tampa Bay outpaced U.S. GDP growth of 1.9% and matched Florida's overall 4.6% growth
- Economists warn a recession is coming but Florida may be better positioned than in past downturns