Florida’s economy ranks No. 7 in the U.S.

Great weather that attracts hordes of tourists, growth in non-farm payrolls, a recovering housing market and a $15 billion state government surplus all played a role in Florida being ranked as the seventh-best economy among the 50 states.

The rankings were compiled by Business Insider, which ranked the states’ economies on six measures: recent change in housing prices, non-farm payroll job growth, unemployment rate, GDP per capita, average weekly wage, and state government surplus and deficit.

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