Tourism is the largest single income for the Floridians, but also the manufacturing industry is important and has expanded rapidly since the 1950's. Today the state's principal industry is the manufacture of electronic equipment. The electronics and engineering industries have been stimulated by the development of missile testing and launching at Cape Canaveral. Some agriculture crops are still important to the economy, especially citrus crop. Many other vegetables and fruits grown in Florida are valuable to the rest of the nation as they can be harvested during the winter season.
Food processing is another key industry.
Expanding Industries in Southern Florida Southern Florida sees many expanding industries due to the fact that it is the center for business with Latin America and the Caribbean. The entertainment industry growth is fueled by the establishment of many Latin American TV-stations that broadcast from Miami. Internet and e-commerce is another emerging industry in Miami. Many of these companies operate their sites in Spanish, aiming at the Spanish speaking population in the U.S., as well as the Latin American countries, where Internet use is growing rapidly. Foreign Trade Florida's foreign trade is naturally oriented towards Latin America and the Caribbean.