People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Florida
GCT1503FL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.30
Year-over-Year Change
43.01%
Date Range
1/1/2006 - 1/1/2023
Summary
This economic trend measures the percentage of people aged 25 and over in Florida who have completed a graduate or professional degree. It provides insight into the state's educational attainment and human capital.
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
The 'People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Florida' trend tracks the share of the adult population in the state that has earned an advanced academic degree beyond a bachelor's. This data is a key indicator of Florida's knowledge-based workforce and talent pool.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and businesses use this metric to assess Florida's competitiveness and potential for high-skilled economic growth.
Key Facts
- Over 30% of Floridians aged 25+ have a graduate or professional degree.
- Florida ranks in the top 10 U.S. states for advanced degree attainment.
- The state's graduate degree holders are concentrated in fields like medicine, law, and engineering.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of people aged 25 and over in Florida who have completed a graduate or professional degree, such as a master's, doctorate, or professional certification.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Florida's educated workforce and human capital, which are key factors for economic competitiveness, innovation, and high-skilled job growth.
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 businesses use this metric to assess Florida's talent pool and potential for knowledge-based economic development.
Q: Are there update delays or limitations?
A: The data is updated annually, with a 1-year lag. Limitations include survey sampling and self-reported education levels.
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Citation
U.S. Federal Reserve, People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Florida (GCT1503FL), retrieved from FRED.