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NY Consumer Sentiment Flat, Trails Nation, Down 5% from a Year Ago

By WKTV News

CONSUMER (WKTV) - The New York State Index of Consumer Sentiment increased 0.3 points in December, while the nation’s Index increased 7.4 points, according to the latest poll by the Siena (College) Research Institute (SRI). At 73.6, New York’s overall Index of Consumer Sentiment is 8.9 points below the nation’s* Index of 82.5.

The findings also reflect New Yorkers who make more than $100,000 a year, find the glass half full, while New Yorkers making less than $100,000 are more pessimistic.

SRI Director Don Levi said, “As resolutions are made, New Yorkers take financial inventory of roads just travelled, and look forward and plan for the turns that lie ahead. Considering their views on the recent past and near future, we find that thirty percent are optimists – they tend to say that things have and will continue to improve for them, but a plurality, forty percent, say they have yet to find the recovery and don’t see it coming anytime soon.”

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