GAINESVILLE (CBSMiami/AP) – Floridians continue to view the economy and how affects them from the glass is half empty perspective.
The monthly University of Florida survey released Tuesday shows the state’s consumer confidence on a scale of 2 to 150 was 77 in the month of August. The scale was benchmarked in 1966 at a value of 100.READ MORE: Man Sought In NW Miami-Dade Machete Attack
The August rate matched the July rate, which itself was a sharp drop from previous months.
Chris McCarty, who directs the survey, said that overall pessimism was driven primarily by concerns over personal finances and buying conditions.READ MORE: Pembroke Pines Police Officers Take Oath To 'Serve And Protect' To Next Level With Moving Gesture
He said also said that pessimism among low-income and younger Floridians is spreading to older and higher-income Floridians.
McCarty did note that there are other positive economic trends happening in the state, although he cautioned a contentious debate over the federal debt ceiling could affect consumer confidence in September.MORE NEWS: 2 Diners Injured In Partial Deck Collapse At Fort Lauderdale Waterfront Eatery
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