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Floridians' economic confidence on the mend

By Times Staff Writer
Posted: Aug 26, 2008 07:54 PM


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Floridians are starting to feel better about the economy.

The Florida Consumer Confidence Index took a big jump this month, rising 6 points to 67.

While that's not great, it's better than June's all-time low of 59, which researchers say was likely the bottom.

"Consumers in Florida have now absorbed most of the bad economic news," said survey director Chris McCarty at the University of Florida Bureau of Economic and Business Research. "We will no doubt have a very weak holiday season, but many people are looking past that to better times."



[Last modified: Aug 27, 2008 12:54 PM]



Comments on this article
by Bob Aug 27, 2008 12:54 PM
The Florida Consumer Confidence Index took a big jump this month, rising 6 points to 67. A statistical fluke intended on fooling the public into believing everything is fine. The problem is everything is not fine for the consumer!
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