August 2017
Welcome
One of the most exciting projects happening in Bonita Springs this year has been the construction of Bonita Springs High School . Principal Jeff Estes is expecting to have a staff of 120 people once the school has full enrollment in four years. Learn more about Bonita Springs High School from a Q & A with Principal Estes here .

Tiffany Esposito, MBA, IOM, APR
Executive Director
BUSINESS EXPANSION
Business climate survey results released
Florida Gulf Coast University's Regional Economic Research Institute, in partnership with the Horizon Council, released results from its most recent business climate survey. One hundred local executives participated in the survey. Findings include:

  • 60 percent of executives indicated economic conditions have improved since 2016
  • 70 percent expect the economy to improve over the next year
  • 54 percent of companies surveyed expect to increase investment next year

Read the full report here .
QUALITY OF LIFE
Lee County: Tourism sees second quarter boost
The News-Press' Laura Ruane reported that major tourism indicators for the Beaches of Fort Myers & Sanibel saw an increase in the second quarter of 2017, compared to last year. These indicators include an occupancy rate of 61.7 percent (up 0.5 percent from the same time in 2016) and a 7 percent increase in visitor spending. The highest number of U.S. travelers to the area came from Chicago, Boston, New York and Indianapolis.

Tourism is responsible for 20 percent of the jobs in Lee County. Read the article here .
WORKFORCE RETENTION

Florida's unemployment rate falls
Florida's unemployment rate continued to fall in July, to its lowest rate in more than 10 years. According to U.S. News & World Report, Florida added 19,400 jobs in June.

Read more from U.S. News here , or view the report from the Bureau of Labor Statistics here .

Median wages in Florida have been slow to grow post-recession. Read more here .

BLOG CORNER
Worker's Compensation Cases: Attorney's Fees
"It has now been almost one year since the Florida Supreme Court, in  Castellanos v. Next Door Co. held that statutory fee limitations on what an injured worker’s attorney could be paid were unconstitutional. In response, the insurance industry has raised workers’ compensation rates by almost 15%. Florida employers and insurance companies now wait to see what, if anything, the Florida Legislature will do to address the situation."

Read more from Henderson, Franklin, Starnes & Holt attorney Michael E. McCabe
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