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Consumer sentiment

Florida consumer sentiment rebounds upward in June

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Consumer sentiment among Floridians rose 2.1 points in June to 96.4, changing course after two months of decline. Among the five components that make up the index, four increased and one decreased. Survey respondents’ perceptions of their personal financial situation now compared with a year ago showed the greatest increase, up 6.4 points from 85.5 to 91.9. “Importantly, all Floridians share these perceptions, independent of their age, gender or income,” said Hector Sandoval, director of the Economic Analysis Program at…

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Consumer confidence in Florida drops again in May

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Consumer sentiment among Floridians dropped in May for the second month in a row, falling 2.4 points to 93.3 from a revised April reading of 95.7. Among the five components that make up the index, one increased and four decreased. “Most of the pessimism in May stems from perceptions about the current economic conditions,” said Hector Sandoval, director of the Economic Analysis Program at UF’s Bureau of Economic and Business Research. Perceptions of one’s personal financial situation now compared with…

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Florida consumer sentiment in March hits pre-recession level

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Consumer sentiment among Floridians rose last month to the highest level in 15 years, according to the latest University of Florida consumer survey. The reading of 99 in March was the highest since March 2002 and the second-highest since November 2000. The 5.2-point increase in March followed a dip in February, which ended the month with a revised reading of 93.8. All five of the components that make up the index increased. Perception of one’s personal financial situation now compared…

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Florida consumer sentiment in February drops from record high

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After three months of positive gains, consumer sentiment among Floridians fell 3.3 points in February to 94.0, according to the latest University of Florida consumer survey. The pattern in Florida is similar to consumer sentiment at the national level, which also dropped 2.2 points in February to 96.3 from January’s record 98.5 according to the University of Michigan’s survey of consumers. “While readings about current economic conditions increased slightly, expectations for the future decreased sharply among Floridians in February,” said…

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Florida consumer sentiment continues upward climb

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Consumer sentiment among Floridians in January ticked up another one-half point to 97.8 — the highest reading since March 2002 — from December’s record-breaking revised figure of 97.3, according to the latest University of Florida consumer survey. Florida’s upward trend also tracks the national figures released last week by the University of Michigan, with the national consumer sentiment index at the highest level since February 2004. Of the five components that make up the Florida index, three increased and two…

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Florida consumer sentiment soars amid holiday shopping, improved state economy

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Consumer sentiment among Floridians surged up 6.9 points in December to 97.2, according to the latest University of Florida consumer survey. This is the highest reading since March 2015 and the second-highest since February 2004—before the Great Recession of 2008. All five of the components that make up the index increased. Perceptions of one’s personal financial situation now compared with a year ago rose 1.4 points, from 81.5 to 82.9. Opinions as to whether now is a good time to…

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Florida consumer sentiment ticks downward before the election

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Consumer sentiment among Floridians declined 1.5 points in October to 90, according to the latest University of Florida consumer survey. The reading is the last one before the November election. “Consumer sentiment is 1.5 points lower than the current year’s average,” said Hector Sandoval, director of the Economic Analysis Program at UF’s Bureau of Economic and Business Research. Among the five components that make up the index, three decreased, and two increased. Perceptions of one’s personal financial situation now compared…

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