Faster Internet Speeds Can Result in Increased Economic Growth

By: Melissa Roberts

A recent study showed that cities with fast internet speeds had 1.1 percent higher per-capita GDP than their slower counterparts. If you had a choice of locating your business or residence in a city where online activity took 9 seconds versus 30 minutes, which would you prefer?

In a world where global connectivity is key to personal and business communication, Florida is leading the charge to create new opportunities for Floridians. Many of Florida’s larger cities are investing in broadband network improvements. “Smart communities” like Lake Nona Medical City and Babcock Ranch are capitalizing on the latest in high-tech infrastructure to provide integrated digital communications, energy management solutions and enhanced productivity measures that improve the lives of residents and businesses. Will your community be able to compete in the new digital frontier?

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Do you see changing technology as a disruption to Florida’s future? Take our Florida 2030 survey to share the issues that affect you and your community.