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Updated almost 8 years ago on .

User Stats

978
Posts
39
Votes
Foster Algier
  • Investor
  • Orlando, FL
39
Votes |
978
Posts

Consumer Confidence Flying High in Florida!!

Foster Algier
  • Investor
  • Orlando, FL
Posted

Woo Hoo...way to go, residents of Florida! With consumer confidence the highest it's been in 15 years, who are you going to connect with today to make new business deals happen?!
Don't wait...Let's Make A Deal!!

Floridians’ confidence hits 15-year high in March

Consumer sentiment among Floridians rose last month to the highest level in 15 years, according to the latest University of Florida (UF) 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 March increase 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.

Current perceptions
Floridians' perception of their personal financial situation now compared with a year ago ticked up four-tenths of a point, from 88.1 to 88.5. Perceptions as to whether it's a good time to buy a major household item such as an appliance rose 3.8 points, from 99.7 to 103.5.

"The increase in these two components shows that current economic conditions improved among Floridians in March," says Hector H. Sandoval, director of the Economic Analysis Program at UF's Bureau of Economic and Business Research. "In particular, women and those under age 60 displayed more optimistic perceptions."

Continue reading article here...