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Article: IN BRIEF.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Consumer confidence dips in state, nation
COLONIE -- Bad news for retailers as we head into the holiday shopping season: Consumer confidence has dipped again, according to the Siena Research Institute.
New York consumer confidence decreased 1.9 points in October, while the nation's confidence decreased 2.9 points, according to a separate University of Michigan survey. At 66.7, New York's overall consumer confidence is relatively low and is 3.9 points below the nation's 70.6 confidence level.
The survey associated with Siena College in Loudonville attempts to measure the willingness of consumers to spend on big-ticket items such as cars, ...
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