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Bureau of Economic and Business Research at the University of Florida

Concern over future leads Florida consumer sentiment to drop in April

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Florida consumers say they are a little less confident about the state’s economic future. As a result, consumer sentiment fell 3.5 points in April to 90.6, according to the latest University of Florida consumer survey. The reading is the lowest since October and lower than the previous 12-month average. Of the five components that make up the index, four decreased and only one increased. Perceptions of one’s personal financial situation now compared with a year ago show the greatest decline…

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Floridians’ consumer confidence rose in March

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Consumer confidence is at its highest point in nearly a year. According to the Bureau of Economic and Business Research at the University of Florida, consumer sentiment rose to 93.4 in March. That’s up from February 2015, but still below March 2015’s reading, which was the highest reading in a decade. “Floridians are confident in the state’s economic growth,” said Cissy Proctor, the executive director of the Department of Economic Opportunity. “Florida’s positive indicators, such as job growth and a…

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