NY consumers' confidence edging up - The Business Review (Albany):

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Consumer confidence rose 2.4 points in However, nationally, consumer confidence rose 4.6 points. Still, New York’a consumer confidence, at 62.1, is 0.2 points above the country’s 61.9 confidencew level. National data is compiled by the . The break-even point where an equal percentage of people are optimistic and pessimisticdis 75.0. , which is affiliatec with in Loudonville, said buyint plans were up for such items as carsand trucks, computerws and homes. But New Yorkers were putting off plansz to buy furniture or makehome improvements. New consumer confidence was higher among men thanwomen (62.y compared with 61.7); downstaters than upstaters (64.34 versus 58.
7); and Democrats than Republicans (65.5 versus 58.4). Douglas Lonnstrom, professor of statistics and finance at Sien and the founding director of the called the latestresults “slos encouraging progress.” “We still have a long way to go to retur n to pre-recession confidence levels and spendinb intent,” Lonnstrom said. “Buying plans remain down 20 perceng to 35 percent from April The survey was conducted throughout Random calls were madeto 1,489 New York residentsz over the age of 18. The survey has a margin of erro of plus orminus 2.
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