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From the staff of the Tampa Bay Times

Gov. Scott: Consumer confidence at a 5-year high

25

September

 Florida received some good news about the economy Tuesday, and Gov. Rick Scott pointed to signs of growing consumer confidence as "evidence that our state is moving in the right direction."

The University of Florida consumer confidence index ranked Florida at a five-year high on Tuesday, finding that more and more consumers see their finances and the overall economy as headed in the right direction.

The news came on the same day that Case-Shiller found that home prices in South Florida were up 5 percent over last year.

“While we still have more work to do, we see that our economy continues to improve. Last week, we learned that 28,000 more Floridians found jobs in the private sector in August and are now able to provide for their families,” Scott said in a statement. “The fact that Florida’s consumer confidence is at a five-year high is more good news and evidence that our state is moving in the right direction.”

“While we still have more work to do, we see that our economy continues to improve. Last week, we learned that 28,000 more Floridians found jobs in the private sector in August and are now able to provide for their families,” Scott said in a statement. “The fact that Florida’s consumer confidence is at a five-year high is more good news and evidence that our state is moving in the right direction.”

While the improving sentiment about the economy may help improve Scott's image, it also could help Pres. Obama, who has seen a bump in recent Florida polls specifically on his ability to improve the economy. Presidential candidate Mitt Romney has focused much of his Florida messaging on painting the state as a foreclosure-ridden, job-losing, poverty-plagued state on the decline.

As Romney's ads point out, there are still several problems with Florida's economy (e.g., a nation-leading long-term unemployment problem, a high foreclosure rate, a shrinking workforce, etc.), but the rising consumer confidence could signal brighter days ahead for the state.

@ToluseO

 

[Last modified: Tuesday, September 25, 2012 7:23pm]

    

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