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Economic Analysis Program

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 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 drops in August, continues downward trend

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Consumer sentiment among Floridians plummeted 4.8 points in August to 88.2, according to the latest University of Florida consumer survey. This is the lowest reading in the last year, and all five components that make up the index declined. Perceptions of one’s personal financial situation now compared with a year ago dropped most sharply, down 10.5 points from 86.7 to 76.2. Expectations of personal finances a year from now fell by 7.8 points to 98.6. Opinions as to whether now…

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