Despite Challenges, Some Good Signs For Cape Cod Economy: Report

CAPE COD, MA — The Cape’s summer tourism season is underway, and businesses are wondering how they may fare amid a “perfect storm” of challenges.

They include high gas prices, anti-U.S. sentiment in Canada, immigration enforcement that could affect the seasonal workforce, and other factors.

Woods Hole-based public radio station WCAI discussed the business outlook with Paul Niedzwiecki, CEO of the Cape Cod Chamber of Commerce.

Some highlights: The short-term rental business is trending up, while the great white sharks appearing in Cape waters don’t seem to affect the local economy. In fact, they may help.

You can hear the WCAI interview via this link.

See Also:

Cape Cod Weather Forecaster Ranks As Fastest-Growing Business In MA: Report

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