Florida’s consumer confidence is falling sharply, according to a recent survey.
Floridians continue to view the economy and how affects them from the glass is half empty perspective.
The stock market rocketed higher Tuesday after strong economic indicators showed the American economy continues to move ahead. The economic outlook has sent consumer confidence up nationwide, including in the Sunshine State.
When it comes to the economy, Floridians remain reasonably optimistic despite possible setbacks that are on the horizon.
The Great Recession is showing no signs of easing up on the state of Florida. The latest consumer confidence numbers for the state showed that there is little hope for this changing as well.
As much as some economists want you to believe the recession is over, a double-dip in home prices may be arriving sooner rather than later. And that could spell further woe for the depressed home markets in South Florida.