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Consumer Confidence

CURRENTRelease

September 02, 2010
Statewide Consumer Non-Confidence Persists; No Signs of Recovery
Republicans Hit Record Low in Future Confidence; Most See Continuing Bad Times Ahead
Buying Plans: Cars & Trucks at all-time Low; Home Buying Remains in Basement
Summary Trends Buying Plans Gas and Food

August 04, 2010
Consumer Confidence Plummets Nationally; NY Steady, but Lower than U.S.
Majority of NY’ers Predict Five Tough Years; Dems, NYC and the Young Slightly More Upbeat, Upstate Outlook Dismal
Home Buying Plans at Record Low; Gas Price Worries Up, Food Cost Concerns Lessen
Summary Trends Buying Plans Gas and Food

The intent of the Consumer Confidence Index is to measure peoples’ willingness to spend, as opposed to their ability to spend.

Each month, the SRI survey establishes a Consumer Confidence index number for New York State consumers. This index number allows a comparison of New Yorkers to all Americans (“the nation”) as surveyed by the University of Michigan’s Consumer Sentiment index.

The SRI survey measures current and future consumer confidence, which combined provides the overall consumer confidence. Since June 2008, we have also looked at the monthly impact of gas and food prices on New York State consumers.

SRI's monthly survey further looks at confidence in New York State by region (metro New York City and Upstate), age, income, gender and party.

SRI also produces a quarterly consumer confidence index that looks at six regions (MSAs) of New York State: Albany, Binghamton, Buffalo, New York City, Rochester and Syracuse.* The quarterly CCI provides regional measures of the state’s economic health. SRI has been following quarterly consumer confidence trends by MSA since the 4th quarter of 2001 – the quarter following the 9/11 attacks that rocked New York City, the State, the nation and the world.