Lee business execs sounding more upbeat

Despite the gathering clouds of economic and political uncertainty, Lee County business executives were slightly more optimistic in October than they were in August.

An index prepared by the Regional Economic Research Institute at Florida Gulf Coast University hit 66 in late October, an indication that Lee County business executives expect the local economy to improve at a less-than-moderate pace. But the October reading is an improvement over the August index, which registered 62.

The index ranges from 0 to 100, with 50 being neutral and no change in the economy. It's calculated from three questions regarding current and future economic conditions.