GAINESVILLE (CBSmiami/AP) — While the economy seems to be doing better, we don’t seem to feeling that way.
The monthly University of Florida survey found shows consumer confidence was 82 in the month of July.READ MORE: Attorney: School Gunman Nikolas Cruz To Plead Guilty To Massacre; Parkland Families React
The state’s consumer confidence level has remained relatively flat over the last three months but it is higher than the U.S. level. It is also the highest level it has reached after the Great Recession.
But Chris McCarty, director of the center that does the survey, warned the state’s current confidence level is not a number “associated with strong economic growth.”READ MORE: Nikolas Cruz Pleads Guilty In BSO Jail Guard Attack
He added that consumer confidence levels should be about 10 points higher given that the recession ended more than five years ago.
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)MORE NEWS: Parkland Survivor David Hogg On Potential Guilty Plea: 'It's Horrific That Our Community Has To Continue Going Through This'
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