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GAINESVILLE (CBSMiami/AP) — A new survey by a Florida University shows consumer confidence is dropping slightly.

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The monthly University of Florida survey released Tuesday shows consumer confidence was 82 in the month of October. That’s on a scale of 2 to 150 benchmarked to 1966 at a value of 100.

This is a slight drop from September, when consumer confidence reached its highest point since April 2007.

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Chris McCarty, director of the UF center that does the survey, said the slight decline is not significant and unlikely to be a trend.

But McCarty also warned that it was also unlikely consumer confidence would rise. He predicted that because of the close race for governor that a large number of Floridians will not be happy with the outcome.

(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 This material may not be published, broadcast, rewritten, or redistributed.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.)

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