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Florida Consumer Sentiment
Consumer sentiment among Floridians decreased five-tenths of a point to 96.1 in October from a revised figure of 96.6 in September.
Of the five components that make up the index, four decreased and one increased.
Floridians’ feelings toward current economic conditions were mixed. Opinions of personal financial situations now compared with a year ago increased 7.3 points from 85.4 to 92.7, the greatest increase for any reading this month. Notably, this perception is shared by all Floridians across sociodemographic groups but is particularly stronger among women and those age 60 and older.
Opinions as to whether now is a good time to buy a major household item such as an appliance showed a decline in this month’s reading from 103.4 to 102.3 a change of 1.1 points. Two groups, however, report a small favorable change: men and those with annual income under $50,000.
See the full survey from UF Bureau of Economic and Business Research here.
