UF Consumer Confidence Index shows improvement after months of losses
Published: Jun. 3, 2020 at 6:04 AM EDT
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.