The Penny Hoarder, Fastest-Growing Private Media Company in the U.S.
Inc. 5000 ranked The Penny Hoarder as the No. 1 fastest-growing private media company in the U.S. for the second consecutive year, and #25 on the overall list of the fastest-growing private companies in America. Congratulations to the St. Petersburg-based team at The Penny Hoarder, and to all 23 fast-growing Pinellas companies on the Inc. 5000 list.
2nd Quarter Indicators show the County's unemployment rate dropping to 3.8% as 19,500 jobs were added and the labor force increased by 17,000 in the past year. Commercial real estate markets remain strong with rising rental rates and continued strong tenant demand, especially in the industrial market. The residential market continues to tighten with the Median Sales Price for a single family home at $248,450, up nearly 13 percent from one year ago. Preliminary data for July 2017 indicates that Pinellas County's labor force exceeded 500,000 for the first time.
Tampa Bay's Industrial Real Estate Rated a "Buy" by CoStar
The Tampa-St Pete-Clearwater MSA is one of only a handful of markets that's had above average cap rate and rent growth the past two years. Page 43 of the State of the U.S. Industrial Market 2017 Q2, rates the region a "Buy." Learn more and read the entire report.
Penny for Pinellas Speakers Available
Want to learn more about thePenny for Pinellas? Our Speakers Bureau is available to give a presentation at your next community meeting. On Nov. 7, Pinellas County voters will decide on the renewal of the Penny for 10 years. Click here to request a Penny Speaker.
October 6 is Manufacturing Day - here's how your business can participate...
Each year, on the first Friday in October, students across the nation tour manufacturing facilities and learn about the products made in their own back yard. The Bay Area Manufacturers Association (BAMA) has line dup a number of events to mark the occasion for 2017:
Learn about export opportunities with the Bahamas. Participants will learn about the best prospect sectors, financial and legal considerations, and marketing strategies. This webinar will also explore the cultural differences, economic conditions and technological capabilities of the Bahamas. Sept. 6, 1:00 - 2:15 p.m. Learn more and register at https://emenuapps.ita.doc.gov/ePublic/event/editWebReg.do?SmartCode=7QCZ.
On August 30, local businesses joined over 25 different lenders for the 2017 Pinellas County Finance Fair. Prospective business borrowers explored options to finance and grow their businesses and spoke one-on-one with Tampa Bay area lenders in a trade show format. Click here to see the photos, and visit PCED.org/financing for solutions to grow your business.
The Florida Small Business Development Center at Pinellas County Economic Development hosts a number of business workshops each month. Find a full schedule of upcoming workshops at
pced.org/workshops.
