Stock market gains for the first part of June played a role, while perceptions of current buying conditions are at a post-recession high of 93. The last time it reached this level was April of 2007 when it was 97. Four of the five overall components that make up the index rose while one stayed the same.
Bureau of Economic and Business Research
Floridians’ Consumer Confidence at Highest Level Since 2007
All five of the five components that make up consumer confidence increased, including expectations about personal finance, national economic conditions, and buying confidence, according to the latest analysis by the University of Florida’s Bureau of Economic and Business Research.
Pointing to Recession, Floridians’ Consumer Confidence Crashes Again to Near-Record Low
The dramatic decline in consumer confidence is just three points shy of 59, the mark set in June 2008, when the nation was in the midst of the Great Recession. Figures released by the University of Florida’s Bureau of Economic and Business Research.