A snapshot of Tampa's evolving and growing economy is now available at the click of a button. The City of Tampa has launched its first interactive online tool where stakeholders can view the general economic environment of the region in real-time.
Over the past decades, Tampa has experienced transformational changes and exponential population growth. The economy is expanding and diversifying thanks to the strong partnerships between the private and public sectors, including developers, hospital systems, universities, the Chambers of Commerce, the Economic Development Council, and other stakeholders. Each year thousands of new businesses are opening their doors and workers across industries are finding opportunities for career advancement. Continuously ranking high in all kinds of "best of" lists, including in the 2023 edition of TIME Magazine's World's Greatest Cities, Tampa is in the national and international spotlight.
"From our strengths to our weaknesses -- that is what we want our new Economic Dashboard to show," said Mayor Jane Castor. "Our staff is excited to have this tool at their fingertips to assist in our decision-making and we believe other local governments, business organizations, foundations, and community groups will find it useful, too."
The Economic Dashboard utilizes nine reliable private and publicly available data sources such as the Census Bureau and the Bureau of Labor Statistics, as well as others that require a paid subscription (for example, Dealroom, Alignable, JLL, Dewey Data, Lightcast, Data Axle, and Safegraph).
“Our city’s remarkable evolution inevitably presents complex challenges,” said Nicole Travis, Tampa’s Development and Economic Opportunity Administrator. “In being transparent with these data points, users will find a clear picture of the state of Tampa’s economy – from population demographics, rent-burden on small businesses, poverty levels and consumer spending.”
The dashboard is free and can be accessed by computer or phone by visiting tampa.gov/economy.