Top Stories

Jul 31, 11:54 AM EDT

Consumer confidence of Floridians dipped slightly in July

GAINESVILLE, Fla. (AP) -- Consumer confidence in Florida is dipping slightly.

The monthly University of Florida consumer sentiment survey released Friday fell less than a point from June.

The new survey shows that consumer sentiment was 89 in July. That's on a scale of 2 to 150 benchmarked to 1966 at a value of 100.

Floridians' confidence reached a post-recession peak earlier this year. But there's been a drop-off since then.

Chris McCarty, director of the university center that does the survey, said in a statement that people who answered the survey had slightly less trust in the U.S. economy and weren't as enthusiastic about purchasing big-ticket items like cars.

He said another factor is that older Floridians who answered the survey were more pessimistic about their personal finances.



© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

  • 490 First Avenue South
  • St. Petersburg, FL 33701
  • 727-893-8111