DEO Press Releases

Governor Rick Scott: Floridians’ Consumer Confidence at Highest Level in Nearly One Year

Apr 08, 2016

TALLAHASSEE, Fla. – Today, Governor Rick Scott announced that Florida’s consumer sentiment is up to 93.4 points in March 2016, the highest reading in the past 11 months.  The University of Florida survey shows Floridians’ consumer confidence rose more than one point from February to March.

Governor Rick Scott said, “Since December 2010, Florida’s economy has added more than one million jobs, we’ve cut taxes more than 55 times, and the unemployment rate has dropped by more than half. Florida families and businesses are clearly taking note of our state’s impressive economic growth, and I am proud to announce that Florida’s consumer confidence has risen to the highest level in nearly one year. We will continue to work each day to support this type of growth and create new opportunities for our families so Florida can be first for jobs.”

Among the five components measured in Florida’s Consumer Sentiment Index, expectations of personal finance a year from now had the highest over-the-month increase, climbing 6.1 points. Floridians who are over age 60 had the highest confidence in current and expected economic growth.

Department of Economic Opportunity Executive Director Cissy Proctor said, “Floridians are confident in the state’s economic growth. Florida’s positive indicators, such as job growth and a low unemployment rate, are a result of our investments in pro-growth policies that are helping businesses thrive.”


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