Florida’s consumer confidence level was unchanged in August, matching July’s revised reading of 77, according to a University of Florida (UF) survey.
Three of the five categories in the August survey declined, while two increased. Respondents’ perceptions of whether they are in better financial shape now than they were a year ago fell one point to 62, but they expect better times ahead: Their expectations of improved personal finances a year from now rose six points to 81.
Meanwhile, confidence in the U.S. economy over the coming year dipped three points to 76; however, their trust in its performance over the next five years went up three points to 78.
Finally, Floridians’ belief of whether now is a good time to buy a big-ticket item, such as a television, dropped six points to 86.
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