In releasing data from its 2024 Economic Impact Report, Amazon shared that its investments created more than 52,000 jobs in Florida and contributed over $38 billion to the state’s economy
- In releasing data from its 2024 Economic Impact Report, Amazon shared that its investments created more than 52,000 jobs in Florida and contributed over $38 billion to the state’s economy
- The report also provided a closer look at Amazon’s investments, estimating the company has invested over $280 billion in small towns and rural areas nationwide since 2010, further expanding access to good jobs, great benefits, and new opportunities.
- Amazon expects the four new sites to open in 2024 at the following locations:
- Similarly, median household income increased by up to 2.2% in counties that received Amazon’s investment.
- “Our focus on meeting our customers’ expectations has led us to invest across the country, in both large and small communities.
- “Port St. Lucie is pleased to welcome Amazon’s new logistics center on Midway Road, which will create 1,000 valuable jobs for our community,” said Port St. Lucie Mayor Shannon Martin.
- “Amazon’s philosophy of long-term investment and local philanthropy will serve our community for years to come and provide opportunities for our growing economy.”
Amazon shares the latest figures and continues its investment across the state with over 1,300 new jobs created to support operations at four new sites, including a new 1-million-square-foot inbound cross-dock in Port St. Lucie.
Amazon shared findings from its 2024 U.S. Economic Impact Report, noting the company has invested over $36 billion in Florida since 2010 and created more than 52,000 jobs in Florida across its operations, logistics, and technology functions.
As a result of these investments, Amazon has contributed over $38 billion to the state’s economy and supported more than 82,000 indirect jobs statewide in 2023, in fields such as construction, transportation, retail, healthcare, hospitality, and more.
The report, prepared by economists at Keystone Strategy, provides estimates of the company’s investments in the U.S. in 2023 in areas including infrastructure and compensation, and the ripple effects of those investments.
The report also provided a closer look at Amazon’s investments, estimating the company has invested over $280 billion in small towns and rural areas nationwide since 2010, further expanding access to good jobs, great benefits, and new opportunities.
As part of its ongoing investment, Amazon plans to open four new buildings statewide, including a new 1-million-square-foot Inbound Cross-Dock, a first-mile pre-fulfillment facility in Port St. Lucie that will receive products from third-party sellers and Amazon for distribution to logistics centers.
The new sites are expected to create more than 1,300 full- and part-time jobs, with hourly employees earning an average wage of over $20.50 per hour across Amazon’s transportation and delivery networks.
The other three sites include delivery stations that play a key role in order fulfillment by preparing packages for delivery by Amazon’s last-mile delivery partners.
Amazon expects the four new sites to open in 2024 at the following locations:
- Inbound Cross-Dock: 7600 LTC Parkway, Port St. Lucie, FL, 34986
- Delivery Station: 3998 Sarno Road, Melbourne, FL, 32934
- Delivery Station: 855 Saint Johns Bluff Road North, Jacksonville, FL, 32225
- Delivery Station: 13010 Bay Industrial Drive, Tampa, FL, 33534
It also shared that it was named the No. 1 Investment Hero of 2024 by the Progressive Policy Institute, investing more in the U.S. than any other American company for the fifth consecutive year.
The Progressive Policy Institute attributes the ranking to Amazon’s steady investment in infrastructure, citing over $36 billion in capital expenditures in 2023 alone.
A follow-up research by Amazon’s economists also found that locations with Amazon facilities see better economic outcomes, including increases in household income and employment-to-population ratios.
Specifically, researchers found that a typical mid-sized county receiving Amazon’s investment had on average 4,400 more jobs than a similar county that did not receive company investment.
Similarly, median household income increased by up to 2.2% in counties that received Amazon’s investment.
This translates to families in these areas receiving an average of $1,350 more per household annually after Amazon opens a facility in their communities. Read more about Amazon economists’ study here.
For more information on how Amazon has invested in Florida, click here.
Additional quotes and statements: “For 30 years, Amazon has made significant investments across the United States that have contributed over $1 trillion to the U.S. economy alone since 2010,” said Holly Sullivan, Amazon’s vice president of Worldwide Economic Development.
“Our focus on meeting our customers’ expectations has led us to invest across the country, in both large and small communities.
From our operational presence to our logistics network and cloud infrastructure, we’ve created a million good jobs with great benefits that help generate opportunities for people and their communities across the United States.”
“Florida is the sixteenth-largest economy in the world and continues to grow, adding roughly 750 new net residents each day who bring $4.12 million in wealth every hour,” said Mark Wilson, president and CEO of the Florida Chamber of Commerce.
“The Florida Chamber of Commerce’s 2030 Action Plan projects that growth will continue with another 2.8 million residents expected between now and 2030, which will require the creation of 1.37 million new jobs and the ongoing need to meet evolving consumer demands.
Amazon’s continued contribution to the growth of our connected economy, ensuring the efficient and reliable movement of goods and creating jobs, will help Florida reach its competitive potential.”
“Port St. Lucie is pleased to welcome Amazon’s new logistics center on Midway Road, which will create 1,000 valuable jobs for our community,” said Port St. Lucie Mayor Shannon Martin.
“This expansion offers a fantastic opportunity for local residents, many of whom previously commuted outside the county for work, while also supporting our local economy by keeping money circulating within the community and strengthening Port St. Lucie as a vibrant place to live, work, and play.”
“This last-mile facility in Melbourne, along with the recent selection of Kennedy Space Center for the corporation’s satellite processing facility, reflects its commitment to Florida’s Space Coast,” said Lynda Weatherman, president and CEO of the Economic Development Commission of Florida’s Space Coast.
“Amazon’s philosophy of long-term investment and local philanthropy will serve our community for years to come and provide opportunities for our growing economy.”
“Jacksonville plays a key role in Amazon’s operations in the Southeast due to our strategic location and robust logistics network,” said Aundra Wallace, president of JAXUSA. “JAXUSA Partnership is proud to assist Amazon in its expansion across the region.
Thanks to our team’s efforts and partnership with the Jacksonville Aviation Authority, as well as the City of Jacksonville, the last-mile delivery facility at Craig Airport will create over 200 full-time jobs and drive continued growth for both the company and the workforce in our region,” Wallace said.
“As our population growth has surged, so has the demand for everyday goods, leading to an influx of distribution centers across the region and along the I-4 and I-75 corridors,” said Craig J. Richard, president and CEO of the Tampa Bay Economic Development Council.
“Amazon has been actively expanding in Hillsborough County for years with new distribution centers, warehouses, and delivery stations.
We are grateful for Amazon’s continued commitment to creating new jobs and investments for our community while meeting the increased consumer demand from our growing population.”
Image: Economic Development Council of St. Lucie County
