WTVY  | Dothan, AL  | News, Weather, Sports

Fla. Consumer Confidence Down

By: Associated Press
By: Associated Press

GAINESVILLE, Fla. (AP) -- Consumer confidence in Florida is suddenly on the decline.

The monthly University of Florida survey released Tuesday shows the state's consumer confidence sank three points in July to 78. That's on a scale of 2 to 150 benchmarked to 1966 at a value of 100.

The score caught researchers by surprise since Florida's score has been edging upward for months. The score also rose slightly last month at the national level.

Chris McCarty, who directs the survey, says the numbers may reflect a sense of pessimism among younger Floridians who are not being helped by the economic recovery.

McCarty also says the drop could be to some Floridians finally being impacted by federal budget cuts including those in programs that lower income workers depend on.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 217630701