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University Of Florida: Consumer Confidence Dips Slightly In Florida
May 28, 2014
The state’s consumer confidence has decreased slightly over the past month, according to a University of Florida report.
On a scale that ranges from two to 150, confidence among Floridians sits at 78, two points lower than in April but where the state was as the year began, according to numbers released Tuesday by UF’s Survey Research Center in the Bureau of Economic and Business Research.
“Confidence among Floridians seems to be stuck within a five-point range, with the exception of last October when the government shut down,” Chris McCarty, director of the center, said in a prepared statement. “This month pessimism seems to be more concentrated among respondents under age 60 and those with slightly higher incomes. Respondents in those categories are particularly pessimistic about U.S. economic conditions in the short and long term.”
by The News Service of Florida
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