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Florida Consumer Confidence Down

By: Associated Press Email
By: Associated Press Email

Florida's consumers are losing confidence again.
The University of Florida released a new survey Tuesday showing the state's consumer confidence index in June gave back the four points it gained in May.
The June index was back at 78 on a scale of 2 to 150 points. The benchmark is 100, which represents consumer confidence in 1966.
Chris McCarty, the university's economic and business survey research director, said the drop in confidence did not reflect a specific policy change. He said it came despite positive trends in Florida's housing and job markets.
Florida consumers were glum about their personal finances as well as their expectations for the national economy. They also lost confidence in whether now is a good time to buy big ticket items such as cars and appliances.


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