GAINESVILLE, FL—Consumer sentiment among Florida residents increased 2.6 points and crossed the elusive 100 barrier, according to a report released by the University of Florida Bureau of Economic and Business Research.

The bureau’s consumer sentiment index for May was 100.6, up from a revised figure of 98 registered in April. May’s consumer sentiment was only the second time since March 2002 that consumer sentiment crossed the 100 threshold, the latest being the 101.3 posted in January 2018.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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