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Florida Economic Impact

The Beverage Industry is a Major Contributor to Florida’s Economy.

FBA Economic Impact 2023Florida’s beverage companies manufacture and distribute some of the most popular nonalcoholic beverages in the world. From products in your neighborhood store to our support of local community initiatives, our presence is felt in every community across the state. We play an important role in the state’s economy by providing good-paying jobs, paying significant tax dollars to the state and federal government, and making generous charitable contributions to organizations across the state.

Benefiting Local Businesses

local-businessesAmerica’s beverage industry supports a number of other business sectors and their employees throughout the state. In fact, nearly 94,000 workers in restaurants, grocery stores, convenience stores, movie theaters and more depend, in part, on beverage sales for their livelihoods.

Making An Economic Impact

economic-impactWith a direct economic impact of $14.8 billion, Florida’s beverage industry provides more than $1.6 billion in wages and benefits and contributes $703.3 million in state taxes and $2.6 billion at the federal level.

Investing in Our Communities

charitiesWe live our values by championing community programs that promote nutrition, physical activity, health, wellness, and environmental sustainability. One way the Florida Beverage Association does this is through our statewide grant program, now in its eighth year. In addition, Florida’s beverage companies and their employees generously contribute $124.5 million to charitable causes across the state.

Resources

WE ARE AMERICAN COMPANIES MAKING AMERICAN PRODUCTS WITH AMERICAN WORKERS IN AMERICA’S HOMETOWNS.

Prepared by John Dunham & Associates, April 2023

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