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Fla. consumer confidence remains flat

April 29, 2014

GAINESVILLE, Fla. (AP) — Florida’s consumer confidence is remaining flat.

The monthly University of Florida survey released Tuesday shows the state’s consumer confidence declined to 79 in the month of April. That’s on a scale of 2 to 150 benchmarked to 1966 at a value of 100.

The new survey rating declined one point from March.

Chris McCarty, director of the UF center that does the survey, said the rating remained relatively flat because of a lack of significant economic news. He said that he would expect consumer confidence to remain relatively stable in the next few months.

McCarty did warn that the ongoing dispute between Russia and the United States over Ukraine and slowing growth in the Chinese economy could darken consumers’ mood.

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Online: http://www.bebr.ufl.edu/cci

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