Region finally outpacing state in recovery
Herald-Tribune -- By Doug SwordThe Sarasota-Manatee economy fell harder and faster than the rest of the state during the Great Recession. It also grew more slowly during the first stages of the recovery — until recently.
In the latest two months of economic data available from the Florida Department of Revenue, businesses in the two counties reported monthly sales increases of 9 percent, outpacing the statewide growth rate of 3.6 percent in October and 6.3 percent in November.
In the first 11 months of 2011, businesses in the two counties posted $18.3 billion in sales, a 7.5 percent increase from the same period in 2010. After five years of mainly lagging the rest of the state, sometimes by big margins, the two-county economy has finally outpaced the state's 6.6 percent growth rate.
Read the entire article at: http://www.heraldtribune.com/article/20120202/ARTICLE/120209874/2107/BUSINESS
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