Collier EBCS: First Quarter 2021 Report
The RERI has published the Collier County Executive Business Climate Survey Report for the first quarter of 2021. The goal of the survey is to capture the assessment of and expectations for the local economy, the workforce, and industry of business owners in Collier County.
The RERI uses this information to create the Executive Business Climate Index for Collier County, which FGCU has been tracking since the first quarter of 2020. The index takes on a value between 0 and 100, with 0 meaning the economy is substantially worse and 100 indicating the economy is substantially better. The index improved to 60.1 in the first quarter of 2021, up 2.7 points from the previous quarter, but 6.3 points below the first quarter of 2020.
The survey also features a set of special topic questions that change each month. The goal of these questions is to learn more about business owner perspectives on more current events. Special topic questions in the latest survey focused on the new presidential administration and the new minimum wage laws passed in Florida Amendment 2.
A copy of the latest report can be found below. To learn more about the reports we publish, please visit the research page of our website!
We would like to thank all of the executives that participated in our survey. Without your continued feedback each quarter, our surveys would not be possible. Furthermore, we would also like to thank our sponsors, Collier County Government and the Greater Naples Chamber of Commerce, for helping make the survey happen.