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UF Consumer Confidence Index shows improvement after months of losses

Published: Jun. 3, 2020 at 6:04 AM EDT
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As the state emerges from the shock of the pandemic, residents are starting to feel better about the economy.

The monthly UF Consumer Confidence Index released Tuesday showed a slight improvement after two months of big losses.

The survey of how people feel about their personal finances as well as the overall economy nudged up one-tenth of a point to 76.4. That's on a scale up to 150.

The biggest gain was the category that asks whether now is a good time to buy a major household item, which jumped more than nine points.