Consumer sentiment in upstate New York rose 0.6 points to 71.7 in September, according to the latest monthly survey from the Siena (College) Research Institute (SRI) released today.
Upstate’s overall-sentiment index of 71.7 is a combination of the current-sentiment and future-sentiment components. Upstate’s current-sentiment index of 80 is down 2.2 points from August, while the future-sentiment level increased 2.4 points to 66.4, according to the SRI data.
The Upstate figure was 4.5 points below the statewide consumer-sentiment level of 76.2, which was up 2.9 points from August, SRI said.
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New York’s consumer-sentiment index was 1.3 points lower than the figure for the entire nation of 77.5, which was down 4.6 points from August, as measured by the University of Michigan’s consumer-sentiment index.
For more on this survey’s results, check out the article in the Oct. 4 issue of The Central New York Business Journal.
Contact Reinhardt at ereinhardt@cnybj.com