Mideast crisis

Refers to turmoil in the middle east and it's affect on the economy.

Floridians’ Consumer Sentiment falls for third straight month

GAINESVILLE, Fla. — Consumer Sentiment among Floridians dropped for a third consecutive month — falling to 68 in April — as the economy struggles because of domestic budget woes, soaring gas prices and international unrest, according to a new University of Florida survey.

Florida’s Consumer Sentiment wanes as events unravel overseas

GAINESVILLE, Fla. — Consumer Sentiment among Floridians dropped four points in March to 72 as many economic indicators for Florida continue to show signs of weakness, according to a new University of Florida survey.

Three of the index components decreased as natural disasters and political turmoil overseas offset the index’s seven-point spike in January.

As Mideast turmoil continues, gas prices go up

Local travelers are consolidating road trips and booking flights early as a result of higher gas prices that have economists worried about the affects on the economic recovery if recent spikes continue.

Further increases would lead consumers to cut discretionary spending even as businesses are faced with higher delivery costs. The political turmoil in Libya is getting the blame for the 23-cents-a-gallon hike in gasoline prices nationwide over the past week.

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