Economic Impact Update - March 2022
New study shows $31.4 Billion in economic output and provides 266,000+ jobs statewide
Adding $10 billion to its total impact since 2015, Florida’s nursery and landscape industry generates $31.4 billion in total output sales and provides more than 266,000 jobs statewide, according to a new economic impact study released jointly by the Florida Nursery, Growers and Landscape Association (FNGLA) and Farm Credit of Central Florida.
“FNGLA has long and proudly proclaimed Florida’s environmental horticulture sector to be a small business industry with a big business impact on Florida’s economy,” said Sarah Spatola, FNGLA’s 2021-22 President. “This level of core information is absolutely critical for FNGLA to continue its leading advocacy role in the local, state and federal public policymaking arenas.”
Florida’s nursery and landscape industry created nearly 34,000 new jobs between 2015 and 2022 - a 14.5% increase statewide. The largest segment of Florida’s nursery and landscape industry is landscaping, according to the study, which employs more than 121,000 people with $11 billion in total economic impact.
In second place by employment is greenhouse and nursery plant production with almost 24,000 employees and $2.3 billion in total economic impact. Combined, retail garden centers and wholesale supply operations employed nearly 20,000 workers and generated total economic impact of $2.5 billion, the report states.
Showing its enormous local impact, Florida’s nursery and landscape industry contributed more than $600 million in local and state tax revenue in 2020, according to the report.
Florida’s foliage industry remains poised for future growth and its businesses are optimistic. Foliage growers intend to spend an average of more than $275,000 on adding or improving buildings and structures, as well as $130,000 on vehicles and equipment. Also, over the next three years, 80 percent of landscape companies expect sales to increase, according to the report. To prepare for this growth, landscape businesses plan to invest an average $167,000 in the upcoming year on equipment.
For this report, the authors conducted a survey of 1,500+ FNGLA members with more than 250 responses. Additional data utilized for analysis was accumulated from USDA’s National Agricultural Statistics Service, Florida Department of Agriculture’s Division of Plant Industry, previous economic impact studies from University of Florida’s IFAS, as well as IMPLAN.
“The membership represented by FNGLA is one of the largest customer segments for Farm Credit of Central Florida and the state of Florida as a whole,” Farm Credit of Central Florida President and CEO Reggie Holt said. “We are very proud to have worked with FNGLA to highlight the economic impact of the industry on the state. Farm Credit of Central Florida is committed to serving this essential industry.”
This survey is part of an upcoming series of studies on the economic muscle of Florida’s nursery and landscape industry.
FNGLA is the nation’s largest state nursery association and, today, represents Florida’s 1,550 leading nursery and landscape businesses. FNGLA’s mission is to promote and protect the interests of Florida's nursery and landscape industry.
About Farm Credit of Central Florida
Farm Credit of Central Florida is a federally chartered, locally operated cooperative owned by our member/borrowers. FCCF serves the following thirteen counties: Citrus, Hernando, Pasco, Pinellas, Hillsborough, Polk, Sumter, Lake, Osceola, Orange, Seminole, Volusia, and Brevard. Local service with national stability.