Orlando MSA Market SNAPSHOT
The Orlando MSA Market Snapshot is our real-time assessment of economic trends in the four-county Orlando Metropolitan Statistical Area, updated online as data becomes available. Point-in-time assessments are available for download at the start of each month.
Click on the tabs below to view trends from the current Market Snapshot.
Positive
Business confidence closed the fourth quarter up 31.8 percentage points from a year earlier as sentiment towards the national economy improved.
Weekly wages rose 8.0% in the year ending December, above the rate of inflation.
Construction payrolls expanded 6.7% between December 2023 and December 2024, the most of any sector in the region.
Negative
Preliminary data suggest total sales declined year-over-year in December for the first time in 16 months, falling 4.3%.
The region’s labor force contracted by nearly 16,000 in the year ending December 2024; retirements are the most plausible explanation.
Neutral
Orlando added 16,000 jobs in the year ending December 2024, less than half the amount added in the corresponding period a year earlier.
Area hotels reported an increase in occupancy in November despite a decline in passenger volume through local airports.
BUSINESS ACTIVITY | LABOR MARKET | INDUSTRY EMPLOYMENT
REAL ESTATE | TOURISM AND TRANSPORTATION | SOURCES
BUSINESS ACTIVITY
LABOR MARKET
INDUSTRY EMPLOYMENT
REAL ESTATE
TOURISM & TRANSPORTATION
Sources
Florida Department of Revenue • University of Florida, Bureau of Economic and Business Research • Pitchbook • Orlando MSA Business Conditions Survey • Florida Department of Commerce • Lightcast • Orlando Regional REALTOR® Association • U.S. Census Bureau • Cushman & Wakefield • Visit Orlando • Greater Orlando Aviation Authority • Orlando Sanford International Airport • SunRail