#USA #Palm Beach #Economic Survey #Kaufman Rossin

2025 Palm Beach County Executive Survey Insights

On December 1, 2025, Kaufman Rossin, a top accounting and advisory firm in the United States, partnered with the Business Development Board (BDB) of Palm Beach County to unveil the 2025 Palm Beach County Executive Survey. This comprehensive survey collated perspectives from executives across numerous sectors within the region's 39 municipalities, illustrating a vibrant and optimistic economic landscape.

Key Findings

The survey showcases significant shifts in attitudes towards technology investments, economic diversity, and workforce challenges in Palm Beach County. It draws comparisons to previous surveys, reflecting how local businesses are adapting and growing amid ongoing changes.

1. Increased Technology Investment: Over half (50.3%) of the surveyed companies indicated plans to boost their technology investments, a considerable rise from 31.7% in 2023. This trend signals a regional push towards modernization, as businesses seek to enhance their operations and remain competitive in an evolving market.

2. Economic Diversity as a Growth Engine: Local leaders noted that the economic strength of Palm Beach is driven by a rich mix of industries, including finance, real estate, healthcare, and technology. The entrepreneurial spirit thrives in the area, contributing to a resilient economy that can weather fluctuations in any single sector.

3. Challenges of Affordability and Commuting: While optimism prevails, issues regarding affordability and commuting are at the forefront. Leaders expressed concerns about rising housing costs and traffic congestion, which are affecting the quality of life for residents and workers alike. In response, local officials are formulating a Transportation Master Plan to improve infrastructure, though these developments may take time to materialize.

Expert Insights

Rick Slater, Managing Principal at Kaufman Rossin for the Palm Beach and Broward markets, articulated the survey's positive outlook: "The Palm Beaches continue to demonstrate remarkable diversity and resilience. We are witnessing growth across various industries, which is creating a balanced regional economy. Businesses are investing significantly in innovation to stay competitive, and despite workforce challenges, the enthusiasm for the future remains strong."

Kelly Smallridge, President and CEO of the BDB, echoed this sentiment, stating, "The Palm Beaches' economic success stems from our diversity—of industries, talent, and opportunity. From Jupiter to Boca Raton and west to the Glades region, businesses are thriving in almost every sector."

Conclusion

The 2025 Palm Beach County Executive Survey serves as an essential resource for business leaders, investors, and policymakers, highlighting the powerful interconnectedness of innovation, economic diversity, and opportunities within the Palm Beach region. As businesses navigate the challenges of workforce dynamics and infrastructure improvements, the overall sentiment remains one of hope and positivity, promising a bright economic future for Palm Beach County.

For those interested in reviewing the full report, it is available for download at the Kaufman Rossin website and BDB's official platform. With continuing investment in technology and a focus on comprehensive development strategies, Palm Beach County is poised to maintain its momentum as a region of growth and opportunity.