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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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Florida consumer confidence drops slightly in September

in Statewide/Top Headlines by

Consumer confidence in Florida has dropped slightly in September, down three points. The monthly University of Florida consumer sentiment survey ticked downward to 87.9, with four of five components that make up the index declining and one increased. Compared with the same time last year, perceptions of personal finances fell 2.1 points to 80.5; expectations of personal finances for the next 12 months now fell 3.5 points to 96.9. Overall, assurance in U.S. economic conditions over the next year also fell…

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