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Fla. consumer spending growth lags behind nation E-mail
News - St Augustine Area & St Johns County
ORLANDO Three years after the Great Recession officially ended, consumer spending by Floridians had surpassed the pre-recession high, but Florida lags behind most other states in spending growth, according to U.S. Bureau of Economic Analysis data released Thursday. Per capita consumer spending in 2012 grew 3.1 percent over the previous year in Florida. That was slightly weaker than the 3.3 percent growth in consumer spending by the entire nation in 2012, the most recent year figures are available. read more

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