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Is it a good time to buybig-ticket householditems?73 - Men58 - Women61 - Under 6068 - Over 6068 - Earn -$30,00065 - Earn +$30,000Perception ofnational economicconditionsover the next year?56 - Men51 - Women43 - Under 6065 - Over 6049 - Earn -$30,00054 - Earn +$30,000Perception ofpersonal financesnow compared with a year ago?67 - Men62 - Women68 - Under 6056 - Over 6048 - Earn -$30,00071 - Earn +$30,000Perception ofpersonal financesa year from now?89 - Men84 - Women99 - Under 6069 - Over 6071 - Earn -$30,00092 - Earn +$30,000

Floridians' confidence hits 16-year low

Floridians haven't felt this bad about the economy since late 1991, when they were coming out of a recession. The Florida Consumer Confidence Index fell 5 points in March to 68, 4 points above its all-time low. ¶ "It is clear that consumers are not in a position to revive an economy that is almost certainly in a recession," said Chris McCarty, who directs the monthly survey at the University of Florida Bureau of Economic and Business Research. He says problems in the credit and housing markets are make consumers feel glum, but adds home prices could hit bottom in July. ¶ All numbers shown are indexes and are benchmarked to an index of 100, representing the level of consumer confidence in 1966. The lower the index number, the less confident we are.

Floridians' confidence hits 16-year low 03/25/08 [Last modified: Tuesday, March 25, 2008 10:29pm]
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