Florida data

UF survey: Florida’s Consumer Sentiment stays level in November

GAINESVILLE, Fla. — The Consumer Sentiment Index among Floridians remained at 65 in November, a ranking that matches a revised mark set in October and is only two points higher than the record low of 59 set in June 2008.

The index used by University of Florida researchers is benchmarked to 1966, which means a value of 100 represents the same level of confidence for that year. The lowest index possible is a 2; the highest is 150.

The November survey reveals a mixture of positive and negative perceptions.

Commercial Connection: SW Florida must pull together on the basics

The Great Recession of 2008 is officially over, according to a panel of economists from the National Bureau of Economic Research, a widely accepted arbiter of business cycles. In fact, the recession reached its "trough" (end of the decline and the subsequent beginning of the rise) in June 2009.

History and economic patterns remind us that immediately following a trough, declining periods are categorized as expansion periods in which markets level, stabilize, prepare for growth, and no doubt, create opportunity.

Retiring Baby Boomers give Florida a cold shoulder

Oct 7 (Reuters) - Florida just isn't what it used to be for retirees.

Meet Patti Keagy, an American Baby Boomer, who is looking at other possible retirement destinations.

"My mother says her generation and other people that she knew made a mistake. They sold everything and they moved down to Florida," said Keagy, a resident of a Boston suburb.

UF study finds modest rise in Florida’s Consumer Sentiment

GAINESVILLE, Fla. — Florida’s Consumer Sentiment Index rose this month to 64, up three points from a revised mark of 61 in August, which was only two points higher than the record low of 59 set in June 2008, according to a new University of Florida survey.

“The increase in confidence this month was mostly a rebound from very low levels in August,” said Chris McCarty, director of UF’s Bureau of Economic and Business Research and Survey Research Center, which conducted the survey.

Wealth gap in South Florida second-widest in US

South Florida is behind only New York in having the widest gap between rich and poor, according to a new Census analysis of major U.S. metropolitan areas.

Dip in Florida Consumer Sentiment points toward recession

GAINESVILLE, Fla. — Consumer Sentiment among Floridians decreased to a near-record low in August, according to a new University of Florida survey. This month’s mark of 62 is only three points higher than the record-low 59 set in June 2008.

Census: Florida is getting younger

Florida, once the nation's oldest state, is losing some of its gray.

Thanks to a lull in retiree migration and an increase in working-age adults, Florida has dropped three places to become the fifth-oldest state in the nation, according to census data released Thursday.

Wrapping up your back-to-school shopping? It's tax savings time

Summer is nearly over, school supply lists are out and Florida's sales tax holiday runs Friday through Sunday, giving all shoppers a break from the 6.5 percent added to store receipts.

That break is limited, but the limits have been raised this year: clothing that costs $75 or less, up from $50 last year; and school supplies up to $15, up from $10. Books, however, have been removed from tax-exempt status.

UF survey: Consumer Sentiment registers modest increase in July

GAINESVILLE, Fla. — Increased optimism about making major purchases played a significant role in Consumer Sentiment rising two points in July to 68, according to a new University of Florida survey.

Four of the five components that make up the index increased or remained unchanged. The biggest improvement was in confidence to purchase big-ticket items such as cars and appliances which rose five points to 77.

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