Florida consumer confidence rises

GAINESVILLE, Fla. – Jan. 27, 2010 – Florida’s consumer confidence unexpectedly rose in January by five points to 74, possibly a sign of post-holiday relief, according to a new University of Florida survey.

“The sharp rise was somewhat of a surprise,” says Chris McCarty, survey director of UF’s Bureau of Economic and Business Research. “In the past, we have seen similar jumps in the January index, perhaps in response to the financial stress associated with the holidays and the economic turbulence of the past year.”

This month’s increase in consumer confidence was broad-based across age and income levels, pushing the index to its highest level in more than two years.

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Christine Selzler
www.sellingpolkcounty.com

Posted at 03:53PM Jan 27, 2010 by Christine Selzler in A. Real Estate News  |