St. Petersburg’s leadership split their State of the Economy address into two overlapping themes Tuesday – environmental resiliency and economic opportunities.
The U.S. blue economy supported 2.4 million careers and generated $777 billion in sales in 2022. Job growth in St. Petersburg dropped 3% in 2024 after increasing by roughly 6% in 2021 and 2022.
St. Petersburg’s extensive coastline and lessons learned from an unprecedented hurricane season can propel the economy. Mayor Ken Welch has advanced $545 million in resiliency-related projects…