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Thursday, May 08, 2008 5:28:10 PM
http://www.watertowndailytimes.com/section/breakingnews
Consumer confidence in upstate New York continues to fall
First published: May 08, 2008 at 12:28 pm
Last modified: May 08, 2008 at 12:29 pm
ALBANY – Consumer confidence continues to slump across the Empire State and the nation as Americans are increasingly worried about soaring prices and the overall state of the economy.
In a survey released Thursday, the Siena Research Institute reports that upstate New York as a region has the least confidence in the economic future. While the national current consumer confidence index dropped a sharp 7.2 points to 77.0, upstaters registered a current consumer confidence index of 57.6.
Even bleaker is upstaters’ confidence index for the future, which came in at only 47.2 for April, is down from 49.6 in March and 71.0 in April 2007.
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