FL Stock Index 2013-06-01 to 2013-06-30

Coverage Start: 
Saturday, June 1, 2013
Coverage End: 
Sunday, June 30, 2013

Florida’s stock index fell 1.10% from the month prior in June, and increased 25.27% from a year ago. Of the ten sectors included, nine reported month-over-month losses ranging from 5.64% (Utilities) to 0.41% (Industrials). The only sector to report a gain was Financials, with an increase of 0.05%. In Florida, financials make up 9% of the economy, while utilities make up less than 1%. Areas like consumer discretionary and industrials, which combined make up 49% of Florida’s economy, suffered smaller losses of 1.13% and 0.41%, respectively. Overall the S&P 500 itself lost 1.28% from May to finish the month at 180.70. Though the average daily value of the S&P 500 was 1618.77 points, the stock index finished the month 12.49 points below this value at 1606.28 points. Year-over-year changes provide a brighter outlook, as all sectors reported growth–ranging from 38.48% (Financials) to 2.34% (Utilities)–and the S&P 500 itself increased by 22.31%. Similarly, among Florida’s metropolitan statistical areas (MSAs), all reported monthly losses, from 1.21% (Gainesville) to 1.01% (Naples and Panama City). Likewise,  all reported annual growth, from 24.37% (Tallahassee) to 26.16% (Naples).