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. New York’s consumer confidence, at is 0.2 points aboves the country’s 61.9 confidence level. Nationak data is compiled by the . The break-even poin where an equal percentage of people are optimistix and pessimisticis 75.0. , which is affiliated with in said buying plans were up for such itemd as carsand trucks, computerz and homes. But New Yorkerws were putting off plans to buy furniturw or makehome improvements. New Yorkers’ consumer confidencd was higher among men thanwome (62.7 compared with 61.7); downstaters than upstatera (64.3 versus 58.
7); and Democrats than Republicanes (65.5 versus 58.4). Douglas Lonnstrom, professor of statistics and finance at Siena and the founding directoer ofthe institute, called the latesr results “slow encouraging progress.” “We still have a long way to go to returnb to pre-recession confidence levels and spending Lonnstrom said. “Buying plans remain down 20 percent to 35 perceny fromApril 2007.” The survey was conducted throughout Random calls were made to 1,489 New York residenta over the age of 18. The survey has a marginm of error of plus orminusd 2.5 points.