Orlando One Of The Top 10 Economies In The U.S.

New data from the U.S. Bureau of Labor Statistics shows just how well the Orlando-area economy is doing. And it seems it's doing really, really well.

Here's some great stats on the City Beautiful that should make you consider investing.

  • Orlando had the seventh-fastest-growing economy, as ranked by one-year percentage change in employment growth. Tampa ranked No. 10.
  • Orlando had the eighth most-improved job growth rate since 2010. No other Florida metros made the top 10.
  • Orlando had the 10th-best fastest-growing private economy, as ranked by one-year percentage change in employment growth. Tampa ranked No. 6.

Here are more details related to the data:

  • In 2015, U.S. employment grew 2 percent. Among large metros, the highest growth was found in San Jose (4.4 percent), followed by Portland (3.8 percent), Grand Rapids (3.8 percent) and Austin (3.8 percent). Orlando employment, at No. 7, grew by 3.3 percent.
  • Since 2010, the U.S. growth rate has increased 1.2 percentage points. The large metros showing the most improvement in 2015 (with the greatest increase in the annual growth rate) are Sacramento (+4.1 points), Las Vegas (+3.4) and Riverside (+3.2). Orlando, at No. 8, was up 2.1 points.
  • In 2015, U.S. private sector employment grew 2.3 percent. Among large metros, the highest growth is found in San Jose (4.8 percent), followed by Austin (4.4 percent), Grand Rapids (4.1 percent) and San Antonio (4 percent) follow. Tampa, at No. 6, had 3.8 percent growth, while Orlando, at No. 10, grew 3.5 percent.

Source: Orlando Sentinel

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Garry Walmsley

The perfect blend of British personality and American drive, Garry brings his genuine, detailed and competitive approach to the World's #1 Vacation Destination. Born in Hampshire, Garry thrived in School and Sports, spending many of his younger years traveling around the golf courses of the United Kingdom prior to turning professional in 1989. After what he describes as a "less than desired outcome" for this results orientated individual, he turned to the Golf Industry where he learned many of the traits that he acknowledges in his success today. It was during this time that he made his move to Orlando, which he has called "home" since 2000. Garry believes that his clients are the most important part of his business. He knows that dealing with property means that he's really dealing with people. He combines a determination to fulfill their goals with the ability to hear what they say. The aim is always to develop long-term relationships and offer an honest and transparent real estate service to best serve the interests of those he represents. Garry has proven that his exceptional service and attention to each and every one of his clients is the recipe to his success. Working with Global Real Estate Services, a dynamic organization with a forward thinking outlook, Garry is able to provide his clients with a full-service Real Estate experience, safe in the knowledge that this company with a 21 year history, is the leader in Vacation Home Rentals, Management and Sales. Credentials; - Licensed REALTOR® - Member of National Association of REALTORS® - Member of Florida Association REALTORS® - Member of Orlando Regional REALTOR® Association