Local News

 

Consumer optimism edges higher in NY

Consumer optimism edges higher in NY

The New York State Index of Consumer Sentiment rose 2.9 points in September, while the nation’s Index fell 4.6 points.

That's according to the latest poll by the Siena (College) Research Institute. Researcher Doug Lonnstrom says New Yorkers are ready to go out and buy houses at a five-year high and furniture at a rate 28 percent higher than last month. Interestingly, home buying plans are being driven by New Yorkers earning less than $100,000 while furniture buying plans are buoyed by those earning more than $100,000.

 

More Articles