Consumer sentiment in upstate New York was measured at 92.3 in the third quarter, up 1.6 points from 90.7 in the second quarter. That’s according to the latest quarterly survey report of Upstate and statewide consumer sentiment that the Siena Research Institute (SRI) released Oct. 8. Upstate’s overall sentiment of 92.3 was 1.3 points below […]
Consumer sentiment in upstate New York was measured at 92.3 in the third quarter, up 1.6 points from 90.7 in the second quarter.
That’s according to the latest quarterly survey report of Upstate and statewide consumer sentiment that the Siena Research Institute (SRI) released Oct. 8.
Upstate’s overall sentiment of 92.3 was 1.3 points below the statewide consumer-sentiment level of 93.6, which rose 4.4 points from the last quarter.
The statewide figure was 6.5 points lower than the third-quarter figure of 100.1 for the entire nation, which was up 1.9 points from the second-quarter measurement, as measured by the University of Michigan’s consumer-sentiment index.
New Yorkers “remain bullish” about the economy and their personal finances this quarter as the index rose by over 4 points, closed the gap between New York and the “traditionally higher” national number, and nearly tied the recent high recorded a year and a half ago, Douglas Lonnstrom, professor of statistics and finance at Siena College and SRI founding director, said in the survey report.
“Driving the strength of the index is increasing optimism towards future conditions enjoyed by every demographic except low income and older New Yorkers who held steady. Especially up were [New York City] residents, Democrats, young residents and those with high incomes,” said Lonnstrom.
In the third quarter of 2018, buying plans rose 2.7 percentage points since the second-quarter measurement to 17.0 percent for cars and trucks; and were up 1.2 points to 41.5 percent for consumer electronics.
Buying plans were down 1.4 percentage points to 26.3 percent for furniture, dipped 0.5 points to 6.9 percent for homes, and declined 2.6 points to 19 percent for major home improvements.
Buying plans for cars and trucks reached 17 percent, the highest since last year at this time, while plans to purchase homes fell slightly but remained strong at nearly 7 percent,” Lonnstrom said.
SRI conducted its survey of consumer sentiment between Sept. 8 and Sept. 17 by telephone calls conducted in English to 802 New York residents. It has an overall margin of error of plus or minus 3.8 percentage points.
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Consumer sentiment in upstate New York was measured at 92.3 in the third quarter, up 1.6 points from 90.7 in the second quarter.
That’s according to the latest quarterly survey report of Upstate and statewide consumer sentiment that the Siena Research Institute (SRI) released Oct. 8.
Upstate’s overall sentiment of 92.3 was 1.3 points below the statewide consumer-sentiment level of 93.6, which rose 4.4 points from the last quarter.
The statewide figure was 6.5 points lower than the third-quarter figure of 100.1 for the entire nation, which was up 1.9 points from the second-quarter measurement, as measured by the University of Michigan’s consumer-sentiment index.
New Yorkers “remain bullish” about the economy and their personal finances this quarter as the index rose by over 4 points, closed the gap between New York and the “traditionally higher” national number, and nearly tied the recent high recorded a year and a half ago, Douglas Lonnstrom, professor of statistics and finance at Siena College and SRI founding director, said in the survey report.
“Driving the strength of the index is increasing optimism towards future conditions enjoyed by every demographic except low income and older New Yorkers who held steady. Especially up were [New York City] residents, Democrats, young residents and those with high incomes,” said Lonnstrom.
In the third quarter of 2018, buying plans rose 2.7 percentage points since the second-quarter measurement to 17.0 percent for cars and trucks; and were up 1.2 points to 41.5 percent for consumer electronics.
Buying plans were down 1.4 percentage points to 26.3 percent for furniture, dipped 0.5 points to 6.9 percent for homes, and declined 2.6 points to 19 percent for major home improvements.
Buying plans for cars and trucks reached 17 percent, the highest since last year at this time, while plans to purchase homes fell slightly but remained strong at nearly 7 percent,” Lonnstrom said.
SRI conducted its survey of consumer sentiment between Sept. 8 and Sept. 17 by telephone calls conducted in English to 802 New York residents. It has an overall margin of error of plus or minus 3.8 percentage points.
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Consumer sentiment in upstate New York was measured at 92.3 in the third quarter, up 1.6 points from 90.7 in the second quarter. That’s according to the latest quarterly survey report of Upstate and statewide consumer sentiment that the Siena Research Institute (SRI) released Oct. 8. Upstate’s overall sentiment of 92.3 was 1.3 points below […]
Consumer sentiment in upstate New York was measured at 92.3 in the third quarter, up 1.6 points from 90.7 in the second quarter.
That’s according to the latest quarterly survey report of Upstate and statewide consumer sentiment that the Siena Research Institute (SRI) released Oct. 8.
Upstate’s overall sentiment of 92.3 was 1.3 points below the statewide consumer-sentiment level of 93.6, which rose 4.4 points from the last quarter.
The statewide figure was 6.5 points lower than the third-quarter figure of 100.1 for the entire nation, which was up 1.9 points from the second-quarter measurement, as measured by the University of Michigan’s consumer-sentiment index.
New Yorkers “remain bullish” about the economy and their personal finances this quarter as the index rose by over 4 points, closed the gap between New York and the “traditionally higher” national number, and nearly tied the recent high recorded a year and a half ago, Douglas Lonnstrom, professor of statistics and finance at Siena College and SRI founding director, said in the survey report.
“Driving the strength of the index is increasing optimism towards future conditions enjoyed by every demographic except low income and older New Yorkers who held steady. Especially up were [New York City] residents, Democrats, young residents and those with high incomes,” said Lonnstrom.
In the third quarter of 2018, buying plans rose 2.7 percentage points since the second-quarter measurement to 17.0 percent for cars and trucks; and were up 1.2 points to 41.5 percent for consumer electronics.
Buying plans were down 1.4 percentage points to 26.3 percent for furniture, dipped 0.5 points to 6.9 percent for homes, and declined 2.6 points to 19 percent for major home improvements.
Buying plans for cars and trucks reached 17 percent, the highest since last year at this time, while plans to purchase homes fell slightly but remained strong at nearly 7 percent,” Lonnstrom said.
SRI conducted its survey of consumer sentiment between Sept. 8 and Sept. 17 by telephone calls conducted in English to 802 New York residents. It has an overall margin of error of plus or minus 3.8 percentage points.
