Florida is in the middle of the pack in Forbes' analysis of the best states for business, ranking 22nd on the latest list.
But there's one area where the Sunshine State sparkles: projected job growth.
The state is expected to add jobs at a 2.5 percent annual clip over the next five years, the fifth-fastest pace among all states. Florida and Georgia are the only states east of the Mississippi River to crack the top 10 in that category.
Demographers have projected that Florida will remain on track to surpass New York as the country's third-largest state within several years.
Florida would have fared much better in the overall ranking by Forbes had it not been dragged down by low scores in a smattering of other categories. Among them: business climate (where it ranked 46th), business costs (37th) and quality of life (35th).