|Published:||May 28, 2013 3:52 PM EDT|
|Updated:||May 28, 2013 3:52 PM EDT|
GAINESVILLE, Fla. (AP) - Consumer confidence continues to rise in Florida and is reaching its highest point since before the start of the Great Recession.
The monthly University of Florida survey released Tuesday shows the state's consumer confidence rose two points in May to 81. That's on a scale of 2 to 150 benchmarked to 1966 at a value of 100.
The score is the highest it has been since August 2007. It marks the third straight months of increases.
Chris McCarty, who directs the survey, said that the numbers reflect a growing optimism among Floridians.
But he cautioned that the full impacts of federal budget cuts that went into effect this year could still hamper confidence. He said they could impact whether or not residents from other states vacation this year in Florida.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Woman at center of infamous killing set free
- Public IDs woman accused of stealing from elderly victim
- Motorcyclist injured after crash on Nelson at Tropicana
- Snow forecasted for Golden Gate Community Park Saturday
- Pilot whales change course, move closer to shore
- A song from behind bars: An unlikely story
- So. Fla. US Rep. Garcia joins 24 immigration fast
- Cape Police arrest reckless driver near recent accident site
- FHP investigates fatality on SB I-75 near Corkscrew Rd.
- Deputies arrest student accused of bringing knife to school