There were 76 million individuals conceived in the U.S. in the years of 1946 and 1964 that characterize the children of the post war America era. Boomers pushed up home ownership rates and filled the purchaser spending power in the course of the last three decades that made the U.S. a $17 billion economy. Presently, as children of post war America progress out of the workforce, retirement communities are receiving the rewards of this event. The 65 and over group is one of the quickest developing demographics in the U.S. Furthermore, a modest bunch of Florida metros are receiving the rewards as well.
Five Florida metro regions with a critical number of retiree populations rank among the 10 places with the quickest anticipated development throughout the following three years, as indicated by forecasts from Moody’s Analytics. These zones are creating jobs in construction, retail, and human services to benefit the inundation of retirees moving there. Naples has a yearly projected rate of 4.6% through 2017. Orlando holds the 6th Florida spot in the top 10, however, it is tourism that is the driving force of Orlando’s development and not retirees.
Forbes searched for the 200 biggest metros in terms of population for its yearly feature on the Best Places for Business. While the quickest business development and employment growth rate are in Florida, the slowest development places are spread out crosswise over states. Metros from eight states rank among the 10 regions with the slowest anticipated employment development throughout the following three years.
Florida is a great destination for many. The annual influx of tourists is a testament to that. Such is the beauty of the place that more and more retirees are drawn to the charm of its calm beaches and its warm climate. Visit Florida and see what it has in store for all you baby boomers out there.
