Transportation, warehousing, construction and retail are four of fourteen industries that grew last month and are fueling expansion. According to a non-manufacturing survey, this is the 57th month in a row that orders have been growing.
Many businesses are taking advantage of the pickup in sales, which is bringing back optimism for growth. This optimism is leading to more investments by businesses that will contribute to the accelerating growth.
An example is construction companies who see an increase in groundbreakings. Because of the increase in groundbreakings they are hiring more laborers, which is helping grow the industry. They are hoping to maintain stable growth. Southwest Florida is seeing investments in businesses locally by companies like Hurtz, Sam’s Club, and road work including US 41 and the I-75 bridge over the Caloosahatchee River.