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U.S. Bureau of Economic Analysis

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 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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Report: Floridians spend more in 2014 as economy improves

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New data shows Floridians spent more in 2014 as the economy improved. The Sun Sentinel reports statistics released Tuesday by the U.S. Bureau of Economic Analysis shows Florida outpaced the nation’s annual increase in personal consumption – 4.9 percent compared to 4.2 percent. The increase in spending stems from many factors including more discretionary income from heightened economic activity and lower gasoline prices. The bureau also reports that goods and services produced in Florida increased 2.7 percent last year compared…

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