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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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Gloomy outlook keeps Florida consumer sentiment flat in Feb.

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Despite recent good news in the national economy, Floridians’ expectations about personal finances in the coming year were pessimistic, especially among women and people 60 and older, according to the latest University of Florida consumer survey. Consumer sentiment among Floridians fell slightly in February to 91.5—down almost one point from January’s revised reading of 92.4. Among the five components that make up the index, three increased and two declined. Perceptions of the personal financial situation now compared with a year…

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Consumer sentiment drops in December amid personal finance concerns

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Consumer sentiment fell slightly in December to 90.2, down almost 1 point from November’s revised reading, but 2.6 points higher than last December, according to the latest University of Florida consumer survey. Among the five components that make up the index, three declined, and two increased. The perception of the personal financial situation now compared with a year ago dropped 7.3 points to 79.6. The expectation of personal finances one year from now fell one-tenth of a point to 98.4.…

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Florida consumer sentiment ticks up in November in time for holiday sales

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Consumer sentiment among Floridians rose more than 2 points in November to 91.5, up more than 5 points compared with November last year, according to the latest University of Florida consumer survey. Among the five components that make up the index, four increased and one declined. Perception of personal finance now compared with a year ago showed the greatest increase, surging 6.4 points to 86.2. While all income groups had improved readings regarding personal finances, the increase was particularly strong…

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Florida consumer confidence drops in October, low-income households gloomiest

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Consumer sentiment among Floridians fell slightly in October to 88.8, down less than half a point from September’s revised reading, according to the latest University of Florida consumer survey. Among the five components that make up the index, one decreased while two increased and two remained unchanged. “The greatest decline in the consumer sentiment index was among those with household income less than $50,000 per year while the biggest increase came from those with incomes above that mark,” said Hector…

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