Feeling pretty confident about the economy in South Florida? You’re not alone.
A new national survey ranks South Florida (that’s Miami-Dade, Broward, and Palm Beach counties) 4th in the country for consumer confidence. The just-launched Metropolitan Consumer Sentiment Index (MCSI), created by Morning Consult and American City Business Journals, dives into how people feel about their personal finances and the economy—city by city.
South Florida came in just behind Birmingham, Houston, and Atlanta, with a score of 108.6—well above the national average of 96. Scores above 100 suggest consumers feel good about things like job security, buying power, and the financial outlook.
This marks a rebound for the region, which saw confidence dip during high inflation and rising interest rates in recent years. Now, more locals say they’re doing better financially and expect good things ahead—though there’s still a healthy amount of caution in the mix.
Looking ahead, nearly 44% of South Floridians say they expect their personal finances to improve over the next year. But around 38% still expect tough economic times within five years—so optimism is there, but it’s not blind.
The takeaway? South Florida residents are feeling hopeful—more than most cities—but remain mindful about what lies ahead. Whether you’re budgeting for the week or investing for the long haul, confidence is a good place to start.
