Business in Santa Catarina booms
Business is booming in the Santa Catarina region of Brazil, it has been revealed.
The sales of industry in the state increased by more than ten per cent over the course of the past 12 months, which helped boost the economy of the national as a whole.
The news could be of interest to anyone considering making an investment into Brazilian property markets and those in Santa Catarina in particular.
According to the federation of industrial operators in the state, the scale of the use of pre-installed manufacturing equipments there grew by 83.3 per cent during the year prior to the end of June.
Agencia CNI reports that while South American businesses have seen some of their costs increase as a result of the international economic turmoil, demand for Brazilian property continues to grow.
The typical income of an average Brazilian has increased along with the economy as a whole over the course of the past few years, research by the Institute of Applied Economic Research recently revealed.
