— Florida's consumer confidence declines as economic troubles sink in

24.02.09 - 20:27 ... source : University of Florida

... University of Florida News University of Florida News UF Web with Google UF Phonebook Florida's consumer confidence declines as economic troubles sink in Filed under Business, Florida, Research on Tuesday, February 24, 2009. GAINESVILLE, Fla. — Consumer confidence among Floridians fell three points to 63 in February as hopes for a quick fix to the nation's economic crisis faded, says a University of Florida researcher. "As expected, consumer confidence declined in February as the novelty of a new administration met with the sustained reality of a faltering economy," said Chris McCarty, director of the UF's Survey Research Center at the Bureau of Economic and Business Research. "Consumers are reporting severe financial strain and are bracing for the long recession that most economists have predicted." February's index of 63 is four points above the all-time low of 59. All fiv ...» Next (HTML)