Consumer sentiment in upstate New York slid 0.6 points to 71.1 in August, according to the latest monthly survey from the Siena (College) Research Institute (SRI) released today.
Upstate’s overall-sentiment index of 71.1 is a combination of the current-sentiment and future-sentiment components. Upstate’s current-sentiment index of 82.2 was up 2.2 points from July, while the future-sentiment level decreased 2.4 points to 64, according to the SRI data.
The Upstate figure was 2.2 points below the statewide consumer-sentiment level of 73.3, which was down 2.1 points from July, SRI said.
(Sponsored)
Assessing the Likely Tax Impacts of the 2024 Election
President-Elect Donald Trump will return to the White House in 2025 — a year that already was expected to see significant activity on the federal tax front. A projected unified
Unique Ways to Save Money As You Upgrade Your Business Technology
It’s no secret that innovating is the key to business growth and prosperity. To stay competitive, businesses must continually seek new technologies to enhance productivity. However, the issue of cost
New York’s consumer-sentiment index was 8.8 points lower than the figure for the entire nation of 82.1, which was down 3 points from July, as measured by the University of Michigan’s consumer-sentiment index.
For more on the New York survey’s complete results, including commentary from SRI, see the article in the Sept. 6 issue of The Central New York Business Journal.
Contact Reinhardt at ereinhardt@cnybj.com