The consumer-confidence report coincides with the Department of Commerce’s report Wednesday morning that the national economy grew at a brisk annual 4 percent rate in the second quarter, compared to a shrinking of 2.1 percent in the first quarter.
florida consumer confidence
Pessimism Creeping Into Floridians’ Consumer Confidence as Index Declines
Consumer confidence among Floridians remained in August at 77, the same as the July after that number was revised downward, the University of Florida’s Bureau of Economic and Business Research reported today. Three of the five components that make up the index declined while two increased, suggesting increased pessimism.
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.