Amid changes in local tourism and economic development in the area, the Department of Labor made a recalculation on Central Florida's economic recovery.
And in their focus on the future and economic gains painted by the fresh data set, Brill said that he sees promise in the construction industry right now.
According to the partnership, Central Florida's construction industry is 2.7% below pre-pandemic levels of employment, outpacing the national average of 3.8%.
“The rate of return to health, if you will, in the Orlando region is much better than anywhere else in the U.S.," Brill said, adding that amid the pandemic, home renovation projects, new home construction and companies making investments in facility updates is helping to fuel the comeback.
“Businesses tend to look forward and make adjustments based upon how they think things will go, and base their investments today on this view of tomorrow," he explained, continuing, "That’s driving this engine that we think is going to be humming quite nicely by mid-summer."
Those same investments not only saved bathroom-pod company SurePods, but it is propelling them to expand.
“Over the course of 2020, we doubled our manpower, from 65 to 130 folks on the craft side of it," said Greg King, SurePods assistant general manager. “If you would’ve talked to us about a year ago … definitely a different mindset than we have right now."
SOURCE: Spectrum News 13