Consumer sentiment in Florida ticked up for a second consecutive month in June to 69.3, an increase of two-tenths of a point from a revised figure of 69.1 in May. Meanwhile, national consumer sentiment rose 5.2 points.
"The increase in June's confidence is largely driven by Floridians' anticipation of national economic conditions in the long run. Nevertheless, it is worth noting that Floridians' views on discretionary spending intentions have been trending upward and have reached their highest level since October 2021," said Hector H. Sandoval, director of the Economic Analysis Program at UF's Bureau of Economic and Business Research.
Among the five components that make up the index, three showed an increase, one remained unchanged, and one decreased.
