Floridians

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Overall, Florida’s consumer confidenced fell one point, to 71. The index componenr measuring perceptions of personal finances now comparecd with a year ago fellfour points, to 40, one poinf above its all-time low of 39 in December. Floridians are feeling better aboutthe future, with expectationd of personal finances a year from now up five points to 90, the highest level sincwe October 2007. "Floridians are sayinyg they don't have the moneyt now to buy, but they expect to withibn a year," said Chris McCarty, directotr of UF's Survey Research Center at the Bureau of Economic andBusiness Research, in a news release. Of the remaining indecx components, perceptions of the U.S.
economy over the next year rose four to 73, while perceptions of U.S. economix conditions over the next five years fell four to 78. Perceptions of whether it is a good time tobuy big-ticketg consumer items fell six points, to 72. “Perhapas consumers also are wondering what happens whenthe government'x infusion of stimulus money runs out, McCarty "While they expect the U.S. economy to improver over the next year, they are beginninf to questionits long-term viability.” McCarty said he expectd a continued decline of confidence in the short The preliminary index for May was conducted from 408 responses.
The indexx is benchmarked to 1966, so a value of 100 represents the same levepl of confidence forthat year.