Business Climate

The table provides recent data on the types of businesses that compose the Port Isabel economic framework. The overwhelming majority (66.8%) are business involved in the retail trade which includes all stores and restaurants. The second-largest concentration is in the service industry which may involve the following business along with support services for other industries such as print shops and medical services:

• Accounting
• Banking
• Legal
• Motel Rental
• Real Estate
• Tourism-Related

Industries

The low number of construction-related enterprise is significant in that it may indicate a need for this type of industry; especially with the increase in development within our Region. The manufacturing and agriculture may be cumulative indicators of shrimping and packing outlets. Overall all industries contributed $103,652,820 to the local economy, of which nearly half consisted of taxable sales which indicates that there was much tax-exempt exchange of goods and services within this community.