Florida has never successfully diversified its economy from leisure and agriculture. You do have a rather tightly-knit financial services center in Miami (largely centered on Private Banking for wealthy Latin Americans) and some tech companies along I-4, but these are not enough to change things. Combine with the fact that salaries in the tourism sector are very low, and some of the worst schools in the United States, and you can see that the Sunshine State is far from being the “paradise” that was sold to the rest of America for many years.
Don’t worry about Florida, with all those highly educated and skilled Haitians, Dominicans,Caribs, Mexicans, Guatemalans and Palestinians pouring in it will more than offset the declining revenues.