Prices for many items costing less

The consumer price index — a measure of the cost of goods and services — fell for the third straight month in June, approaching a Depression-era record of four months in a row.

The index fell a tenth of a percent from May, according to federal data released Friday.

The decline was due to lower gas prices and stable prices on food, according to the Bureau of Labor Statistics report.

In the short term, that means people are paying less. In the long term, it could spell trouble, researchers say.

Lower gas prices should hold steady for the summer

After more than a month of plummeting, gasoline prices in Gainesville and the rest of the state have retreated from nearly $3 a gallon to below $2.70 a gallon -- welcome news to local drivers looking for a break on rising costs.

But AAA warns that prices could begin to rise again after the summer, and while prices are nowhere near their peak of 2008, they're also a bit higher than a year ago.

Florida Price Level Index 2009

The Florida Price Level Index (FPLI), established by the Legislature as the basis for the District Cost Differential (DCD) in the Florida Education Finance Program, is used to represent the costs of hiring equally qualified personnel across school districts.

Publication Date: 
Dewey, James; Denslow, David; Irwin, Eve
4 pages

No gains in Florida’s Consumer Sentiment as economic woes increase

GAINESVILLE, Fla. — Florida’s overall Consumer Sentiment remained unchanged at 69 in December, but increasing pessimism about personal finances reflects the state’s worsening economic plight as housing prices fell and unemployment rose, according to a new University of Florida survey.

Florida consumers aren't more confident, but they're expecting bargains

Florida consumers are still worried about the recession, though they're buoyed by huge buying opportunities this season, a new University of Florida survey finds.

"Consumers are more optimistic this month about their current personal finances and less optimistic about the U.S. economy in both the short and long term," said Chris McCarty, survey director of UF's Bureau of Economic and Business Research.

Signs point to recession's easing in Florida

Two key economic markers in Florida -- Consumer Sentiment and a much-watched home price index -- showed a second consecutive month of improvement, offering further evidence the recession is easing, though a long recovery likely awaits.

The S&P/Case-Shiller home price index showed South Florida home prices posted their second, though modest, monthly gain of 1.3 percent in July, as strong sales and shrinking inventory helped to firm up prices. The index, however, was still down from a year ago, by 21 percent.

Florida’s Consumer Sentiment rises as economic fears ease

GAINESVILLE, Fla. — Belief that a national economic recovery is under way boosted Florida’s Consumer Sentiment three points to 74 in September, according to a new University of Florida survey.

“I think Florida consumers are buying into the argument that the worst of the recession is over and we have avoided a complete meltdown,” said Chris McCarty, survey director of UF’s Bureau of Economic and Business Research. “Once again they have surprised us with a higher than expected index.”

For Florida, 'end of an era' of population growth

FORT LAUDERDALE — Cruise up coastal highway A1A. Take in the sea breeze, the sand and surf shimmering in the sun, the palm trees swaying beside luxury high-rise hotels, shops and cafes. The idyllic image helps explain why millions have come to Florida to play, and millions have come back to stay.

Florida’s population loss is Alabama’s gain

Lillian Vickers doesn’t have to think very long about why she left Florida.

“Three hurricanes in 15 months. It got to be too much,” said Vickers, who relocated to Dothan from Okeechobee, Fla., in October 2006.

How she and her husband — and the family dog — came here, of all places, had to do with proximity. Vickers has family in Tallahassee and a niece in Enterprise, and because her husband is retired military, they liked being close to Fort Rucker.

Floridians want to shop again — but maybe not just yet, survey finds

WASHINGTON - President Barack Obama's strategy for reviving the economy now turns largely on restoring public confidence, a psychological lift that would prompt consumers to shop, bankers to lend and investors to buy.

The president is racing from coast to coast to try to buck up consumers while the government pumps money into the economy, a theme sure to emerge at his nationally televised news conference set for 8 p.m. on Tuesday.

The message appears to be getting through to Floridians.

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