Economic Report for

Seminole County, FL
Jacob Cummings
PAD6316 Planning Methods
Prof. Chia-Yuan Yu
November 28th, 2016
Seminole County, Florida
Established: 1913 by FL
Legislature
Seminole means: wild or run away
(meaning Cimarron)
Area: 345 square miles
309 sq ml is land
36 sq ml is water
US Census Bureau says Seminole is the
fastest-growing in Florida
Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 1 Population changes between 2000 and 2010
Numerical Percentage
Total population
change change
2000 2010
A B C D
Seminole
County 365,196 422,718 57,522 15.75%
Florida 15,982,378 18,801,310 2,818,932 17.64%

Total Population
Table 1 shows the change in total population between 2000 and 2010 in Seminole County and the State of Florida. The total population
for Seminole County increased from 365,196 in 2000 to 422,718 in 2010, experiencing a 15.75% increase. The total population in
Florida also increased from 15,982,378 in 2000 to 18,801,310 in 2010, experiencing 17.64% increase. There were 2.28%
(365,196/15,982,378) of population in Florida living in Seminole County in 2000. In 2010 there were 2.25% (422,718/18,801,310) of
population in Florida living in Seminole County. The percentage change in population from 2000 to 2010 in Seminole County (15.75%)
is higher than the change in Florida (17.64%).

A: from P001, 2000 SF1 100% Data., B: from P1, 2010 SF1 100% Data.
C: C = B-A, D: D = [(B-A)/A]*100
 Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 2 Population changes by race between 2000 and 2010
Numerical Percentage
Total population
change change
2000 2010 Population Change by Races
A B C D Table 2 shows the change in population size in terms of race for
Seminole County Seminole County, FL and the State of Florida in 2000 and 2010.
White 300,948 330,664 29,716 9.87%
In Seminole County, the percentage changes from 2000 to 2010
Black or African American 34,764 47,107 12,343 35.51%
American Indian and
increased for all racial groups, with the highest for Asians
1,087 1,386 299 27.51% (72.16%) and the lowest for White (9.87%). For Florida, the
Alaska Native
Asian 9,115 15,692 6,577 72.16% percentage changes from 2000 to 2010 also increased for all
Native Hawaiian and racial groups, with highest being the Asian population (70.82%)
163 258 95 58.28%
Other Pacific Islander and the lowest being White (13.19%). The percentage change
Some other race 11,175 15,421 4,246 38.00% for Black or African American (35.51%), Asian (72.16%),
Two or more races 7,944 12,190 4,246 53.45% Native Hawaiian and Other Pacific Islander (58.28%), and a
Florida
group of Two or more races (53.45%) in Seminole County are
White 12,465,029 14,109,162 1,644,133 13.19%
Black or African American 2,335,505 2,999,862 664,357 28.45%
higher than the change for those groups compared to Florida in
American Indian and 2000 to 2010. The change in Florida for the other groups
53,541 71,458 17,917 33.46% compared to Seminole County showed a higher change in the
Alaska Native
Asian 266,256 454,821 188,565 70.82% population by race between 2000 to 2010.
Native Hawaiian and
8,625 12,286 3,661 42.45%
Other Pacific Islander
Some other race 477,107 681,144 204,037 42.77%
Two or more races 376,315 472,577 96,262 25.58%

A: from QT-P3, 2000 SF1 100% Data., B: from QT-P3, 2010 SF1 100% Data.,
C: C = B-A, D: D = [(B-A)/A]*100

Florida

Socio-Demographic Profile
2000 2010

Under 5 years 945,823 5.92% 1,073,506 5.71% 127,683 13.50%

Economic Report for Seminole County, FL

5 to 9 years 1,031,718 6.46% 1,080,255 5.75% 48,537 4.70%

10 to 14 years 1,057,024 6.61% 1,130,847 6.01% 73,823 6.98%

15 to 19 years 1,014,067 6.34% 1,228,382 6.53% 214,315 21.13%

Table 3 Change in age distribution between 2000 and 2010
Numerica Percentage 20 to 24 years 928,310 5.81% 1,228,758 6.54% 300,448 32.37%

l change change 25 to 29 years 995,358 6.23% 1,179,227 6.27% 183,869 18.47%

2000 2010
30 to 34 years 1,088,742 6.81% 1,110,318 5.91% 21,576 1.98%
Number % Number % C D
Seminole County 35 to 39 years 1,261,040 7.89% 1,178,467 6.27% -82,573 -6.55%
Under 5 years 23,062 6.31% 23,363 5.53% 301 1.31%
5 to 9 years 26,208 7.18% 25,722 6.08% -486 -1.85% 40 to 44 years 1,224,207 7.66% 1,252,787 6.66% 28,580 2.33%
10 to 14 years 27,571 7.55% 28,998 6.86% 1,427 5.18%
15 to 19 years 24,802 6.79% 30,877 7.30% 6,075 24.49% 45 to 49 years 1,085,400 6.79% 1,401,202 7.45% 315,802 29.10%

20 to 24 years 21,559 5.90% 30,888 7.31% 9,329 43.27%

50 to 54 years 984,079 6.16% 1,340,291 7.13% 356,212 36.20%
25 to 29 years 24,257 6.64% 28,331 6.70% 4,074 16.80%
30 to 34 years 27,676 7.58% 26,477 6.26% -1,199 -4.33% 55 to 59 years 821,517 5.14% 1,202,418 6.40% 380,901 46.37%
35 to 39 years 32,450 8.89% 27,657 6.54% -4,793 -14.77%
40 to 44 years 32,509 8.90% 31,202 7.38% -1,307 -4.02% 60 to 64 years 737,496 4.61% 1,135,250 6.04% 397,754 53.93%

45 to 49 years 28,879 7.91% 34,747 8.22% 5,868 20.32% 65 to 69 years 727,495 4.55% 959,233 5.10% 231,738 31.85%
50 to 54 years 25,757 7.05% 32,563 7.70% 6,806 26.42%
55 to 59 years 18,385 5.03% 27,577 6.52% 9,192 50.00% 70 to 74 years 724,681 4.53% 768,707 4.09% 44,026 6.08%

60 to 64 years 13,228 3.62% 23,639 5.59% 10,411 78.70% 75 to 79 years 616,693 3.86% 615,514 3.27% -1,179 -0.19%
65 to 69 years 11,423 3.13% 16,390 3.88% 4,967 43.48%
80 to 84 years 407,441 2.55% 482,023 2.56% 74,582 18.30%
70 to 74 years 9,969 2.73% 11,243 2.66% 1,274 12.78%
75 to 79 years 8,297 2.27% 9,267 2.19% 970 11.69% 85 years and over 221,674 1.39% 290,882 1.55% 69,208 31.22%
80 to 84 years 5,171 1.42% 6,879 1.63% 1,708 33.03%
109,613 0.69% 143,243 0.76% 33,630 30.68%
85 years and over 2,666 0.73% 4,575 1.08% 1,909 71.61% 90 years and over

90 years and over 1,327 0.36% 2,323 0.55% 996 75.06% total 18,801,310
total 365,196 422,718 15,982,378

Age Distribution
Table 3 shows the change in total population in terms of age for Seminole County and the State of Florida. For Seminole County, the percentage change from 2000 to 2010 increased
with the highest for 60 to 64 years (78.70%) and 90 years and over (75.06%) and the lowest was 40 to 44 years old (-4.02%). The percentage change decreased for age groups 5 to 9
years old and 30 to 44 years old with the highest for 35 to 39 years (-14.77%) and the lowest for years 5 to 9 (-1.85%). For Florida, the percentage change from 2000 to 2010 decreased
for age groups 35 to 39 years (-6.55%) and for 75 to 79 years (-0.19%). The percentage change for age 10 to 14 years (5.8%) and 15 to 19 years (24.49%) and older adults (60-90 years
and over) is higher in Seminole County than the change in Florida. The percentage change for age of children (under 5 years to 14), adults age (25 to 34 years) and mature adults aged
(60 to 90 years and over) were higher in Florida than in Seminole County.
Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 4 Education attainment in 2005 and 2010

2005 2010
% % Percentage change
Seminole County
Population 25 years and over 264,766 277,479
Less than 9th grade 1.10% 2.80% 1.70%
9th to 12th grade, no diploma
Education level
5.40% 6.50% 1.10%
High school graduate (includes Table 4 shows the educational attainment for Seminole County and
33.50% 25.00% -8.50% Florida in 2005 and 2010. In Seminole County, (33.50%) in 2005
equivalency)
Some college, no degree 13.90% 22.60% 8.70% and (25.00%) in 2010 have completed high school. In Florida,
Associate's degree 10.10% 9.50% -0.60% (30.50%) in 2005 and (30.30%) in 2010 finished high school. The
Bachelor's degree 22.60% 22.50% -0.10% percentage change in some education levels in Seminole County
Graduate or professional degree 7.90% 11.11% 3.21% decreased from 2005 to 2010 such as high school graduates, and
Florida associate and bachelors degree. The percentage change in Florida
Population 25 years and over 11,850,782 12,788,471 generally increased except for 9th to 12th grade with no diploma (-
Less than 9th grade 2.00% 5.70% 3.70% 0.90%) and high school graduates (-0.20%).
9th to 12th grade, no diploma 9.90% 9.00% -0.90%
High school graduate (includes
30.50% 30.30% -0.20%
equivalency)
Some college, no degree 13.30% 20.60% 7.30%
Associate's degree 8.40% 8.50% 0.10%
Bachelor's degree 16.30% 16.80% 0.50%
Graduate or professional degree 5.80% 9.10% 3.30%
 Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 5 Housing changes between 2000 and 2010
Numerical Percentage
change change Housing characteristics
2000 2010 Table 5 shows the housing
A B C D characteristics in 2000 and 2010 for
Seminole County Seminole County and the State of
All housing unit 147,079 181,307 34,228 23.27% Florida. All housing units increased
Occupied unit 139,572 164,706 25,134 18.01% 23.27% in Seminole County and
Owner occupied 96,949 109,499 12,550 12.94% 23.10% in Florida from 2000 to 2010.
Renter occupied 42,623 55,207 12,584 29.52% Occupied housing units also increased
Vacant housing units 7,507 16,601 9,094 121.14% 18.01% in Seminole County and
Florida 17.09% in Florida from 2000 to 2010.
Vacant housing units also increased
All housing unit 1,686,633 23.10% 121.14% in Seminole County and
7,302,947 8,989,580
62.56% in Florida from 2000 to 2010,
Occupied unit 1,082,873 17.09% whereas Seminole County showed a
6,337,929 7,420,802
higher increase compared to Florida.
Owner occupied 557,180 12.54% Generally, the percent changes in all
4,441,799 4,998,979
types of housing units in Seminole
Renter occupied 525,693 27.72% County are higher than in Florida.
1,896,130 2,421,823

Vacant housing units 603,760 62.56%

965,018 1,568,778

A: from QT-H1, 2000 SF1 100% Data., B: from QT-H1, 2010 SF1 100% Data.
C: C = B-A, D: D = [(B-A)/A]*100
Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 6 Household Size in 2010
Percentage
2010
Seminole County
Total households 164706
1-person household 40663 24.69%
2-person household 55433 33.66%
3-person household 29729 18.05%
4-person household 24058 14.61%
Household Size
5-person household 9764 5.93%
6-person household 3317 2.01% Table 6 describes the household size in 2010 in
Seminole County compared to Florida. 33.66%
7-or-more-person household 1742 1.06%
in Seminole County and 35.62% in Florida had a
Average household size 2.55

2-person household in 2010.24.69% in Seminole

Florida County and 27.24% in Florida had a 1-person

household. The average household size in
Total households 7420802 Seminole County (2.55) is higher than that in
1-person household 2021781 27.24%
2-person household 2643162 35.62%
Florida (2.48). Seminole County also showed a
3-person household 1152686 15.53% higher percentage for 3 to 5-person housing
4-person household 900377 12.13% units compared to Florida in 2010.
5-person household 419230 5.65%
6-person household 168395 2.27%

7-or-more-person household 115171 1.55%

Average household size 2.48

 Socio-Demographic Profile
Economic Report for Seminole County, FL Table 7 Occupancy per room in 2005 and 2010
2005 2009 Numerical Percentage
change change
Seminole County
Total 155,477 143,543 -11,934 -7.68%
Owner occupied 106,672 103,435 -3,237 -2.08%
* Householder 15 to 34 years 10,887 10,172 -715 -0.46%
1.00 or less occupants per room 10,742 9,881 -861 -0.55%
1.01 to 1.50 occupants per room 145 220 75 0.05% Occupancy Per Room
1.51 or more occupants per
0 71 71 0.05% Table 7 represents the occupancy per room in Seminole County in 2005 and 2009. For the owner
room
* Householder 35 to 64 years 75,812 70,562 -5,250 -3.38% occupied with a householder of 15 to 34 years old, there was an occupancy decrease for 1.00 or less
1.00 or less occupants per room 75,233 69,935 -5,298 -3.41% occupants per room (-0.55%) while the other types showed an increase from 2005 to 2010. For the
1.01 to 1.50 occupants per room 540 487 -53 -0.03%
1.51 or more occupants per
householder 65 years and over, or those who retained their houses the longest, showed an increase
39 140 101 0.06%
room for all occupancy types from 2005 to 2010. For householder 35 to 64 years, there was a decrease in
* Householder 65 years and over 19,973 22,701 2,728 1.75% all occupancy types except for 1.51 or more occupants per room (0.06%).
1.00 or less occupants per room 19,973 22,518 2,545 1.64%
1.01 to 1.50 occupants per room 0 124 124 0.08%
1.51 or more occupants per
0 59 59 0.04% For renters, households 15 to 34 years had a slight increase, however 1.00 or less occupants per
room
Renter occupied 48,805 40,108 -8,697 -5.59% room showed a decline (-3.45%). For the type 1.00 or less occupants per room, householders 35 to
* Householder 15 to 34 years: 21,239 16,101 -5,138 -3.30% 64 years (-1.90%) and 65 years or older (-0.43%) showed a decline for this type too. In fact, for the
1.00 or less occupants per room 20,769 15,411 -5,358 -3.45%
1.01 to 1.50 occupants per room 426 503 77 0.05%
type 1.00 or less occupants per room, both owner and renter occupied showed a decrease for those
1.51 or more occupants per household types. The percentage change for owner occupied (-2.08%) and renter occupied (-
44 187 143 0.09%
room 5.59%) have a 3.51% difference in change.
* Householder 35 to 64 years: 22,293 19,332 -2,961 -1.90%
1.00 or less occupants per room 21,508 18,560 -2,948 -1.90%
1.01 to 1.50 occupants per room 539 573 34 0.02%
1.51 or more occupants per
246 199 -47 -0.03%
room
* Householder 65 years and over: 5,273 4,675 -598 -0.38%
1.00 or less occupants per room 5,219 4,555 -664 -0.43%
1.01 to 1.50 occupants per room 0 49 49 0.03%
1.51 or more occupants per
54 71 17 0.01%
room
Socio-Demographic Profile
Economic Report for Seminole County, FL
Table 8 Year structure built in 2010
Table 8 2010 Percentage
Seminole County
Total 178,326
Built 2005 or later 8,227 4.61%
Built 2000 to 2004 22,564 12.65% The year structure was built by 2010
Built 1990 to 1999 33,383 18.72% Table 8 shows the year structure built in 2010 for Seminole
Built 1980 to 1989 52,621 29.51% County and the State of Florida. In Seminole County, the
Built 1970 to 1979 38,385 21.53% highest number of houses that were built are from 1980 to
Built 1960 to 1969 12,259 6.87% 1989 (29.51%) following 1970 to 1979 (21.53%) as second
Built 1950 to 1959 7,092 3.98% in 2010. In Florida, the highest number of houses that
Built 1940 to 1949 1,741 0.98% were built are from 1980 to 1989 (22.07%) following 1970
Built 1939 or earlier 2,054 1.15% to 1979 (19.28%) as second in 2010. We can say Seminole
Florida
County and Florida experienced the highest building
Total 8,863,057
growth from 1970 to 1989 based upon data presented.
Built 2005 or later 491,231 5.54%

From 1990 and beyond for Seminole County and Florida,
Built 2000 to 2004 1,146,064 12.93%
Built 1990 to 1999 1,565,162 17.66%
there is a decrease in building.
Built 1980 to 1989 1,956,189 22.07%
Built 1970 to 1979 1,709,199 19.28%
Built 1960 to 1969 890,062 10.04%
Built 1950 to 1959 691,714 7.80%
Built 1940 to 1949 214,557 2.42%
Built 1939 or earlier 198,879 2.24%
Population Projection 2020
Economic Report for Seminole County, FL
The following two figures shows the observed
population in 2010 and predicted population in
2020 for Seminole County, FL. Comparing to the
observed population in 2010, there will be lower
Observed Population 2010 Seminole County percentages of 5-9, 15-19, 20-24, and 40-54 age
85+ -1.10% 2.13%
groups regardless of gender. However, for the
80-84 -1.35% 1.89% percentages of 0-4, 25-29, 30-34, 55-59, and 65-74
75-79 -1.90% 2.47% age groups, there will be an increase from 2010 to
70-74 -2.46% 2.85% 2020. Also, the percentage of older adults (55-59,
AGE
65-69 -3.75% 4.00% 65-69, and 70-74 age groups) will also show an
60-64 -5.48% 5.70% increase from 2010 to 2020.
55-59 -6.28% 6.75%
50-54 -7.58% 7.82%
45-49 -8.20% 8.24%
40-44 -7.33% 7.43%
35-39 -6.46% 6.62%
30-34 -6.35% 6.19%
25-29 -6.90% 6.52%
20-24 -7.75% 6.90%
15-19 -7.71% 6.92%
10-14 -7.29% 6.46%
5-9 -6.34% 5.85%
0-4 -5.78% 5.29%

-10.00% -8.00% -6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00%
Population (%)

Figure 1 Observed Population in 2010 in Seminole County, Florida (FL)

Population Projection 2020
Economic Report for Seminole County, FL
Projected Population 2020 Seminole County, Florida (FL) The following two figures shows the observed
population in 2010 and predicted population in
85+ -1.28% 2.07% 2020 for Seminole County, FL. Comparing to the
80-84 -1.40% 1.41% observed population in 2010, there will be lower
75-79 -2.55% 2.24% percentages of 5-9, 15-19, 20-24, and 40-54 age
70-74 -4.02% 3.11% groups regardless of gender. However, for the
65-69 A -4.91% 4.77%
G percentages of 0-4, 25-29, 30-34, 55-59, and 65-74
60-64 -6.08% 5.68%
E age groups, there will be an increase from 2010 to
55-59 -6.84% 6.90%
2020. Also, the percentage of older adults (55-59,
50-54 -6.42% 7.53%
45-49 -6.15% 7.33%
65-69, and 70-74 age groups) will also show an
40-44 -6.20% 6.92% increase from 2010 to 2020.
35-39 -6.60% 6.56%
30-34 -7.73% 7.11%
25-29 -7.52% 7.07%
20-24 -7.25% 6.90%
15-19 -6.73% 6.75%
10-14 -6.43% 6.59%
5-9 -6.02% 5.62%
0-4 -5.86% 5.42%
-10.00% -8.00% -6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00% 8.00% 10.00%

Population (%)

M ale Female

Figure 2 Predicted Population in 2020 in Seminole County, Florida (FL)

 Economic Analysis

Economic Report for Seminole County, FL

Seminole County Florida
2010 2014 Table 1 shows the percentage change in establishment
NAICS 2010 2014 Numerical Establish Establish Numerical from 2010 to 2014 in Seminole County and Florida. In
code NAICS code description Establishments Establishments Change % Change ments ments Change % Change Seminole County, the establishment of Industries not
11----
Agriculture, forestry, fishing and
hunting
7 9
2 28.57%
984 997
13 1.32% Classified increased in the largest percentage (41.67%),
3 4 264 268
followed by Mining, Quarrying, and Oil and Gas
Mining, quarrying, and oil and gas
21---- extraction 1 33.33% 4 1.52% Extraction (33.33%), and Utilities (26.67%). In Florida,
22---- Utilities 15 19 4 26.67% 585 738 153 26.15% the establishment of Utilities increased in the largest
23---- Construction 1,364 1,391 27 1.98% 45,041 46,585 1,544 3.43%
31---- Manufacturing 359 351 -8 -2.23% 12,616 12,912 296 2.35%
percentage (26.15%), followed by the Real Estate and
42---- Wholesale trade 753 738 -15 -1.99% 30,212 31,443 1,231 4.07% Rental and Leasing (14.94%), and Educational Services
44---- Retail trade 1,688 1,668 -20 -1.18% 70,627 73,200 2,573 3.64% (13.92%). Comparing Seminole County with Florida,
48---- Transportation and warehousing
172 181
9 5.23%
12,538 13,870
1,332 10.62% the establishment of Information experienced the
51---- Information 261 248 -13 -4.98% 7,806 8,063 257 3.29% decrease (-4.98%) for Seminole County but the increase
52---- Finance and insurance
971 916
-55 -5.66%
31,305 31,223
-82 -0.26%
in state was 3.29%, while Industries Not Classified
673 743 28,212 32,428 experienced the increase (41.67%) in Seminole County
53---- Real estate and rental and leasing 70 10.40% 4,216 14.94%
but a decrease in state (-1.36%).
Professional, scientific, and 1,881 1,933 69,056 74,204
54---- technical services 52 2.76% 5,148 7.45%

Management of companies and 92 100 2,574 2,812

55---- enterprises 8 8.70% 238 9.25%

Administrative and support and 933 952 32,062 34,281

waste management and remediation
56---- services 19 2.04% 2,219 6.92%
61---- Educational services 171 190 19 11.11% 5,797 6,604 807 13.92%

1,209 1,319 54,241 57,662

62---- Health care and social assistance 110 9.10% 3,421 6.31%

171 179 7,462 7,930

71---- Arts, entertainment, and recreation 8 4.68% 468 6.27%

757 808 35,543 38,280

72---- Accommodation and food services 51 6.74% 2,737 7.70%

Other services (except public 958 1,000 43,564 45,723

81---- administration) 42 4.38% 2,159 4.96%

12 17 661 652
99---- Industries not classified 5 41.67% -9 -1.36%

Total 12450 12766 491150 519875

Table 1: Countywide versus Statewide percentage change in establishment

Economic Analysis
Economic Report for Seminole County, FL
Table 2: Countywide versus statewide location quotient and basic and non-basic establishment

Table 2 shows the countywide versus the statewide

location quotient and basic and non-basic
establishments. There are ten industries with the
location quotient higher than 1.0 (e.g. Utilities,
Construction, Manufacturing, Educational Services,
etc.) making these industries a basic establishment.
Management of Companies and Enterprises has the
highest value of location quotient (1.45), followed by
Information (1.25). Half of the industries (e.g. Retail
Trade, Wholesale Trade, Transportation and
Warehousing, and Real Estate and Rental and
Leasing, etc.) have the value of location quotient
lower than 1.0, resulting in only non-basic
establishment.
 Economic Analysis Table 3 shows the national share,
industry mix, and regional shift by
industrial sector. Based on the

Economic Report for Seminole County, FL results, we identified the following

countys leading and lagging
industries.
2010 Seminole 2014 Seminole 2014
Top 5 Leading Industries (2000-
County County 2010 State State
Establishm Industry Regional 2014)
NAICS code NAICS code description Establishment Establishment Establishment ent National share mix shift Health Care and Social Assistance
Agriculture, Forestry, Fishing and Hunting 7 9 984 997 Industries Not Classified
11---- 7 0 2
Mining, Quarrying, and Oil and Gas
Agriculture, Forestry, Fishing and
3 4 264 268
21----
Extraction
3 0 1 Hunting
22----
Utilities 15 19 585 738 15 4 0 Mining, Quarrying, and Oil and
23---- Construction 1,364 1,391 45,041 46,585 1382 29 -20
31---- Manufacturing 359 351 12,616 12,912 364 4 -16
Gas Extraction
42---- Wholesale Trade 753 738 30,212 31,443 763 21 -46 Utilities
44----
Retail Trade 1,688 1,668 70,627 73,200 1710 39 -81 Top 5 Lagging Industries (2000-
48----
Transportation and Warehousing 172 181 12,538 13,870
174 16 -9 2014)
51---- Information 261 248 7,806 8,063 264 5 -22
Professional, Scientific, and
Finance and Insurance 971 916 31,305 31,223 -52
52---- 984 -15
Technical Services
Real Estate and Rental and Leasing 673 743 28,212 32,428
53---- 682 92 -31 Retail Trade
Professional, Scientific, and Technical
Services
1,881 1,933 69,056 74,204 Finance and Insurance
54---- 1906 115 -88 Administrative and Support and
Management of Companies and
Enterprises
92 100 2,574 2,812 Waste Management and
55---- 93 7 -1
Remediation Services
Administrative and Support and Waste
933 952 32,062 34,281
Wholesale Trade
Management and Remediation Services
56---- 945 52 -46
61---- Educational Services 171 190 5,797 6,604 173 22 -5 Based on the identification of
62----
Health Care and Social Assistance 1,209 1,319 54,241 57,662
1225 60 34 leading and lagging industries, this
Arts, Entertainment, and Recreation 171 179 7,462 7,930 analysis suggests that recruitment
71---- 173 8 -3

Accommodation and Food Services 757 808 35,543 38,280

efforts should be directed at
72----
Other Services (except Public
767 48 -7
bringing more health care and
81----
Administration)
958 1,000 43,564 45,723
971 35 -5 social assistance as well as bring
99----
Industries not classified 12 17 661 652
12 0 5 more agriculture, forestry, fishing
Total 12450 12766 491150 519875 12614 542 -390 and hunting industry type sectors
to the county.
Table 3: National Share, Industry Mix, and Regional Shift by industrial sector
Economic Analysis
Economic Report for Seminole County, FL
Figure 1 shows the industry targeting analysis tree in Seminole County with
respect to Florida. There were no industries identified as current strengths (strong
performers) and need more higher considerations to enhance factors which
contribute to their competitiveness. Several industries including Utilities,
Construction, Manufacturing, Information, and Educational Services to name a
few (lagging performers), were recognized as a high priority retention target with
good performance in the past but a relatively weak condition now. Finance and
Insurance (poor performer) exhibits declining competitiveness and has
diminishing local prospects for growth as a specialized industry.

With Health Care and Social Assistance (strong performer) being identified as a
non-specialized industry, this represents an emerging industry which should be
evaluated closely with specialized industries. There are over seven industries
(lagging performers) identified with prospects limited due to a weak base and a
declining competitiveness including Wholesale Trade, Retail Trade,
Transportation and Warehousing, etc. For the non-specialization (Agriculture,
Forestry, Fishing and Hunting), this constrained performer is an industry that is
declining locally but not so rapidly as elsewhere whereas local strength is
bolstered and given little attention due to its decrease. One industry (Mining,
Quarrying, and Oil and Gas Extraction), was a poor performer due to the overall
limitation and appeared to offer little leverage for stimulating economic growth.

Figure 1: Industry Targeting Analysis Decision Tree