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Hispanics more confident about personal finances, economy

Hispanics have grown steadily more confident in their personal finances over the past year, as well as the U.S. economy as a whole, according to a new survey by the Florida Atlantic University Business and Economics Polling Initiative.

When Hispanics were asked about their current personal finances, 62 percent reported they are better off than a year ago, up from 45 percent in August 2014. In addition, when asked their perceptions of personal finances a year from now, 72 percent of Hispanics surveyed expect their financial situation to be better in 2016, up from 50 percent in August 2014.

Optimism toward business conditions also improved as the percentage of those who expect the country to experience good times financially in the next 12 months rose to 54 percent in July compared to 40 percent in August 2014. READ MORE AT ORLANDO BUSINESS JOURNAL

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