UNF economic survey: Manufacturing sector deteriorated slightly

Another report by Dun & Bradstreet found a 7% increase in business optimism, helped by easing of inflation and interest rates.


  • By Mark Basch
  • | 11:41 a.m. October 11, 2024
  • | 0 Free Articles Remaining!
Albert Loh, University of North Florida professor of economics and director of the school’s Local Economic Indicators Project.
Albert Loh, University of North Florida professor of economics and director of the school’s Local Economic Indicators Project.
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A survey of Jacksonville area manufacturers showed the local economy was contracting for the sixth straight month, with respondents offering a mixed outlook about the next 12 months.

However, a quarterly global survey by Jacksonville-based Dun & Bradstreet found increased optimism from businesses.

The monthly Jacksonville survey by the University of North Florida’s Local Economic Indicators Project produced a Purchasing Managers’ Index of 47.7 in September.

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