The Annual Economic Review is a one- and five-year summary of the 13 indicators featured in the Quarterly Economic Dashboard. Annual data gives a macro perspective, allowing comprehensive objectives to come into full focus. Whether an indicator is positive, negative, or neutral depends upon one’s perspective. Policymakers like tight labor markets more than employers do. […]

June is National Safety Month and marks the official start of the 2021 Atlantic Hurricane Season. Small businesses are vital assets to our economy and community, which is why the Office of Economic Vitality encourages all businesses to get prepared! Every organization has unique vulnerabilities and can’t always avoid disasters, but having a plan helps minimize […]

Next week, May 9 through May 15, marks International Economic Development Week, which was created and initiated by the International Economic Development Council (IEDC). At OEV, we are excited to celebrate this week by bringing awareness to the local advancement opportunities that aim to strengthen our local economy. On Monday, May 10, I am happy […]

T.J. Lewis, Business Development Manager For the first quarter of 2021, nearly a year into the coronavirus pandemic, new data shows that apartment developers have drawn back on multi-family activity nationwide. Currently in the United States, 565,000 apartments are under construction compared to more than 700,000 at this point in 2020. Large declines have been […]

From driving innovation to promoting social change, entrepreneurship plays a major role in the economy of our city, state, and nation. Entrepreneurship enhances economic growth, creates job opportunities, and enables new markets to be developed through the unique offerings of new goods and services. Great innovators have the ability to change the world for the […]

Dan Lucas, Division Coordinator Tallahassee’s universities have a constant flow of incoming students and outgoing graduates. Florida State University and Florida A&M University together account for around 80% of the 65,000 students enrolled in higher education in Leon County. According to data from the Board of Governors of the State University System of Florida, about […]

Richard Fetchick, Business Intelligence Manager Along with the rest of the OEV website, our Data Center enjoyed an overhaul in 2020 to enhance navigability, loading speed, and even expand the information presented. All the data formerly available on the site, as well as simple ways to send a particular question our way, can be found […]

Home to cutting-edge research centers, one of the top engineering colleges in the state, and world-class research universities, Tallahassee-Leon County is in a unique position to cultivate a business environment that thrives on the technology and innovation that is researched and developed at these Centers of Excellence. The Office of Economic Vitality is committed to working […]

Kianna Brown, Marketing Coordinator The busiest shopping season of the year is upon us, and I’m sure if your inbox looks anything like mine, it’s full of big retailers vying for your dollars. Although it may be tempting to just order online from a big-box store or drive over to its numerous locations around town, […]

Daniel Lucas, Division Coordinator Raw data can be difficult to distill into usable, understandable, and consequential information. And, once released, people can sometimes embellish or distort data past its integrity. OEV understands its audience is an eclectic mix of political and economic participants, some local and others external, who may be seeking different implications from […]