Editing Palm Bay, Florida (section)

==Economy==

===Industry===
[[File:Pink Walmart in Palm Bay Cropped.jpg|thumb|right|Pink [[Wal-Mart]] Supercenter built in 2005: the city uses [[Key West]] [[vernacular architecture]].]]
''[[Forbes]]'' magazine ranked the city the 11th most innovative in the nation in 2010.<ref>{{Cite news | first=Britt | last=Kennerly | title=Palm Bay census a letdown | url=http://www.floridatoday.com/article/20110102/NEWS01/101020324/Palm-Bay-census-a-letdown| newspaper=[[Florida Today]] | location=Melbourne, Florida | pages= 1B | date=2 January 2011 }}</ref><ref>{{cite web|url=http://www.101smallbusinessopportunity.com/forbes-magazine-names-palm-bay-11th-most-innovative-city-in-america.html|title=Explanation of criteria for "innovative" ranking|access-date=11 August 2017|archive-url=https://web.archive.org/web/20110905185357/http://www.101smallbusinessopportunity.com/forbes-magazine-names-palm-bay-11th-most-innovative-city-in-america.html|archive-date=2011-09-05|url-status=dead}}</ref>

Large employers in the city include:
* [[L3Harris Technologies]] has 3,400 employees on its Palm Bay campus on Palm Bay Road<ref>{{Cite news | first=Patrick | last=Peterson | title=Harris considers PB overhaul | url=http://m.floridatoday.com/news.jsp?key=355471&rc=bz | publisher=Florida Today | location=Melbourne, Florida | pages=1E | date=17 October 2010 }}{{dead link|date=March 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
* [[Intersil]] employed 700 people in 2010<ref>{{Cite news | first=Patrick | last=Peterson | title=Spin-off success stories | url=http://www.floridatoday.com/article/20100218/BUSINESS/2180311/Spin-off-success-stories | publisher=Florida Today | location=Melbourne, Florida | pages=8C | date=18 February 2010 | archive-url=https://web.archive.org/web/20140713021840/http://www.floridatoday.com/article/20100218/BUSINESS/2180311/Spin-off-success-stories | archive-date=2014-07-13 | url-status=dead }}</ref>
* [[Palm Bay Hospital]]

===Workforce===
In 2007, the average size of Palm Bay's labor force was 49,935. Of that group, 47,542 were employed and 2,393 were unemployed, for an unemployment rate of 4.8%.<ref name="edc">[http://spacecoastedc.org/portals/0/municipalities/palm%20bay/palm%20bay%20community%20data.pdf Palm Bay Community Data Sheet]{{Dead link|date=August 2018 |bot=InternetArchiveBot |fix-attempted=yes }} Economic Development Council of Florida's Space Coast. Retrieved on 2009-07-24.</ref> This figure had risen to 6,571 (12.7%) and was the highest rate in the county.<ref>{{Cite news | title=Indicators already show weak economy | work=Florida Today | location=Melbourne, Florida | pages= 6A | date=10 January 2010 }}</ref>

===Tourism===
The city has some frequently visited recreational locations, such as the area known as "the compound" and the Turkey Creek area. The city has a riverfront area that the city government is attempting to further develop and focus on.

The 2015 [[Tough Mudder]] {{convert|12.5|mi}} race drew 9,875 visitors to the area including 6,835 participants. The Brevard County Tourist Development Council spent $40,000 promoting and staging the event.<ref>{{Cite news | first=Rick | last=Neale | title=Report: Tough Modder accrued $4.7 million | url=http://www.floridatoday.com/story/news/2015/12/23/report-palm-bay-tough-mudder-generated-47-million/77710900/?from=global&sessionKey=T3lfZ5HJg5RSEDMXk6P2kUF0la7JWj5r-18x2dwnWBAOlLdDqqldtF3KgY1Qx3Dx3DcBYM8RzgKKqvSwm1VOKBTwx3Dx3D-7OiaAuMyZ0DZnpDlwH5hggx3Dx3D-BSbDHxx3VpNx2BzSS4fs9Qckgx3Dx3D&autologin=Z5NPE2x2Bx2Br3H8mGn3LjLyw1Jx2Box2Fgw4teHCAvaJGx2FAMJkx3D| newspaper=Florida Today | location=Melbourne, Florida| pages= 3A | date=December 29, 2015 | access-date=December 29, 2015}}</ref>