My Florida C F O

Dear Fellow Floridians:

With Independence Day weekend just around the corner, Happy Fourth of July!most of us are making plans to gather with family and friends to fire up the grill and enjoy a weekend full of Fourth of July festivities. This cherished holiday weekend is a time to relax with our loved ones, but perhaps more importantly, it is also a time to celebrate the principles of freedom and equality that our country holds dear.

In a diary entry, John Adams once wrote: "I always consider the settlement of America with reverence and wonder, as the opening of a grand scene and design in providence, for the illumination of the ignorant and the emancipation of the slavish part of mankind all over the earth."

Indeed, America is unlike any other nation in that it was founded on a vision. Our Founding Fathers made tremendous sacrifices to create a country that embodied the ideals of independence, opportunity, and freedom from tyranny. However, this freedom is not free, and it must be fought for and continually defended. As we get ready to celebrate with our family and friends, let us take a moment to reflect on the 56 patriots whose dedication to the principles of liberty allowed America to flourish and become one of the greatest nations the world had ever seen. Let us cherish and enjoy the blessings of independence, and honor those who made this celebration possible.

We must also take a moment to honor and thank the brave men and women of our Armed Forces who risk their lives daily to preserve and defend our freedom.

Happy Independence Day!

Sincerely,

Jeff
Jeff Atwater
Chief Financial Officer
State of Florida

News of Interest

Jacksonville Daily Record: Survey shows small businesses have gone ‘from managing survival to managing growth’

Orlando Business Journal: Orlando PIP clinic owner faces 50 years in prison on charges of fraud

Patch: Florida Ranked Among Top 25 Best States for Road Trips

Reuters: U.S. economy rebounds after first quarter loss


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Florida’s Bottom Line is CFO Atwater’s quarterly economic magazine, providing insightful analysis on Florida's financial health and economic innovation. The FBL website offers Florida financial news, data and resources, including past editions and special reports.

The Fall 2014 special report entitled "Fostering Financial Prosperity" is a look back at CFO Atwater's first four years of transparent, fiscally-sound and consumer-oriented accomplishments at the Department of Financial Services. Increasing transparency, fighting fraud, smart investing, helping consumers and future planning come to view with facts and figures, charts and graphs, and detailed discussion.

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Florida Economic Briefs

New housing permits up 28 percent over the year in May
New housing permits rose 28 percent between May 2014 and May 2015, an increase of 1,931 permits from May of 2014 (6,807). Over the month, new housing permits rose 6.4 percent from April of 2015.
Source: U.S. Census

Florida’s population growth outpaces the nation
In 2014, Florida’s population grew by 293,000, or 1.5 percent, higher than the national average of 0.75 percent. Additionally, Florida had the second largest population growth out of its peer states following Texas (+1.7 percent).
Source: U.S. Census