Bachelor's Degree or Higher for Florida

GCT1502FL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

34.90

Year-over-Year Change

35.27%

Date Range

1/1/2006 - 1/1/2023

Summary

The 'Bachelor's Degree or Higher for Florida' trend measures the percentage of the population in Florida aged 25 and over who have attained a bachelor's degree or higher level of educational attainment. This metric is important for analyzing human capital and education levels within the state.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series provides insight into the educational attainment of Florida's adult population. It is a key indicator of the state's knowledge base, skills, and intellectual resources, which are important factors for economic growth, productivity, and competitiveness.

Methodology

The data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

Policymakers and economists use this trend to inform workforce development, educational, and economic policies in Florida.

Key Facts

  • In 2021, 30.1% of Floridians aged 25 and over held a bachelor's degree or higher.
  • Florida's bachelor's degree attainment rate trails the national average of 32.9%.
  • Educational attainment varies significantly by county within Florida.

FAQs

Q: What does this economic trend measure?

A: The 'Bachelor's Degree or Higher for Florida' trend measures the percentage of the population aged 25 and over in Florida who have attained a bachelor's degree or higher level of education.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the educational profile and human capital of Florida's adult population, which is a key factor for economic growth, productivity, and competitiveness.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Census Bureau's American Community Survey.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to inform workforce development, educational, and economic policies in Florida.

Q: Are there update delays or limitations?

A: The data is updated annually, but there may be a 1-2 year lag in availability.

Related Trends

Citation

U.S. Federal Reserve, Bachelor's Degree or Higher for Florida (GCT1502FL), retrieved from FRED.