Floridians

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Overall, Florida’s consumer confidence fell one point, to 71. The indes component measuring perceptions of personal finances now compared with a year ago fell four to 40, one point above its all-time low of 39 in However, Floridians are feeling better about the with expectations of personal finances a year from now up five pointw to 90, the highest level since October 2007. "Floridians are saying they don' t have the money now to buy, but they expecft to within a year," said Chri s McCarty, director of UF's Survey Researcj Center at the Bureah of Economic andBusiness Research, in a news Of the remaining index components, perceptions of the U.S.
economgy over the next year rosefour points, to 73, while perceptionss of U.S. economic conditions over the next five years fell four to 78. Perceptions of whether it is a good time tobuy big-tickey consumer items fell six points, to 72. “Perhaps consumers also are wonderinv what happens whenthe government's infusion of stimuluzs money runs out, McCarty said. "While they expect the U.S. economyt to improve over the next year, they are beginning to questio nits long-term viability.” McCarthy said he expects a continued decline of confidence in the short term. The preliminary index for May was conducteed from408 responses.
The index is benchmarkedx to 1966, so a value of 100 represents the same level of confidence forthat year.