Observations on South Florida business
The national economy may be sluggish, but don’t count Southwest Florida in that camp.
In fact, the numbers tell a different story.
The number crunchers headed by Chris Westley at the Regional Economic Research Institute at Florida Gulf Coast University in Fort Myers regularly publish data on the economic health of the region from Sarasota to Collier counties. This is useful information if you’re considering hiring staff, budgeting for next year or contemplating a major capital expenditure, for example.
The latest report (find it by clicking here) shows positive trends in all areas of the Southwest Florida economy. In particular, the report points to jumps in taxable sales, tourist-tax revenues and single-family home sales.
There is more useful data in the report, too. Get a read on inflation and forecasts for population growth, for example.
The Regional Economic Research Institute offers more insights in the local economies with a quarterly business-climate survey of executives and a new report on economic diversification. You can find it by clicking here.
Blogging for entrepreneurs in Southwest Florida (SoWeFlo)