The latest economic numbers from the University of Florida show consumer confidence in the state has stopped falling. The study released today by the Bureau of Economic and Business Research shows that after three months of falling…the decline has stopped. UF Survey Resource Director Chris McCarty says the biggest improvement was seen in personal finances.
“The biggest improvement was the same thing that showed the biggest decline last month. So last month there was a fairly severe drop in perceptions of personal finances a year from now, that one actually recovered,” he said.
The survey still finds Florida consumers cautious about the purchase of a big ticket item and most of those surveyed still feel their economic situation compared with a year ago is worse.