August Business Investment

What the data shows: Taxable sales in the business-investment category include store and office equipment, computers, industrial machinery, hotel and restaurant supplies, paper and packaging materials, medical supplies and commercial rentals.

What it means: Taxable sales in the business-investment category in August fell more than statewide (-12.4%) in Naples, Sarasota and Fort Myers. Businesses in Fort Myers reduced investment the most in annual percentage terms, reflecting the deep impact of the real estate recession and the hesitation by businesses to make any major investments now.

Forecast: Economic and government uncertainty continue to make business owners cautious about making substantial investments in equipment and materials. However, if retail sales improve this holiday season, comparisons in 2010 will likely improve. Still, credit continues to be challenging as banks face continuing losses, making loans for equipment tough to obtain.