Local Stats: Estero
September’s seasonally adjusted unemployment rate for the Southwest Florida region was 3.9%, which is 0.2% down from August and 2.2% under from September 2020 as reported by the Estero Council of Community Leaders (ECCL)’s fourth-quarter Greater Estero Community Report (GECR) for 2021. The ECCL is a non-partisan, non-political, all-volunteer civic advocacy organization.
Overall, Lee County’s seasonally adjusted unemployment rate was 4.1% in September, which was 0.2% below August’s. The ECCL also reported that airport passenger traffic for September was up 116% compared to September 2020 and 64% above September 2019’s passenger traffic.
The seasonally adjusted tourist tax for Lee County amounted to $6.1 million in August, which was a 45% increase compared to August 2020, according to the ECCL. To read the full report, visit their website here.
For information on properties available in the SWFL area, call our office at (239) 334-3040 or visit our website here.
You May Like
Property Spotlight: Blue Lagoon Shoppes
In this week’s edition of property spotlight, we wanted to highlight Blue Lagoon Shoppes. Blue Lagoon Shoppes is a 32,000 SF new construction premium retail center located in Miami, Florida. The project is conveniently located at the corner of Red Rd (38,000 Vehicles per Day) and Blue Lagoon Dr directly
Broker Story: Tony Mangione
In this new series, we will be celebrating ten years of TCG by looking inwards to our Brokers that have made these ten years so successful. Tony Mangione is a Principal with TCG. We interviewed him to get insight on his beginning at TCG, what sparked his interest in CRE
Tampa's CRE Market Set to Thrive as Fed Signals Rate Cuts
The commercial real estate (CRE) landscape in Tampa is poised for a significant transformation following the Federal Reserve's recent decision to cut interest rates by 50 basis points, bringing the target range to 4.75%-5%. This pivotal shift from previous restrictive monetary policies signals a new era of opportunity for real