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Monthly index reports show growth in consumer confidence

Published: Jan. 3, 2020 at 4:31 AM EST
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As Florida's unemployment rate reached historic lows, reports have shown growth in consumer confidence.

The monthly index released by the University of Florida increased in December by .7 of a point to 100.1.

Of the five components in the survey, opinions as to whether this is a good time to buy a major household item and the outlook of U.S. economic conditions over the next year and the next five years all rose.

Views of personal financial situations compared with a year ago and expectations for the next year both fell.