SRI Archives
Consumer Confidence | Independent Research | Siena NY
Consumer Confidence Archives
2010
September 02, 2010 - (Consumer Confidence)
• 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)
• 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
July 14, 2010 - (Consumer Confidence)
• Overall Confidence Seesaws across State as Current Outlook Climbs while Future Drops
• Current Confidence Moves towards Breakeven Point in Buffalo, Syracuse, Rochester and Albany;
But, Only NYC Predicts OK Future, Others Down in LI to Dismal in Binghamton
• Buying Plans Trending Up Slightly; Plurality say, “Good time to buy, if you have the cash”
• Quarterly Trends Buying Plans Graph
Quarterly Trends Buying Plans Graph
July 07, 2010 - (Consumer Confidence)
• NY Consumer Confidence Sinks; Overall and Future Lowest since Spring '09
• Older NY’ers, NYC and Men Drop Most in June; Upstate and Republicans See Bleak Future
• All Buying Plans Fall; Little Consumer Spending in Sight; Gas Price Relief Small Lifeline
Summary Trends Buying Plans Gas and Food
June 11, 2010 - (Consumer Confidence)
• NY State Consumer Confidence Crawling Upwards
• Current Outlook Climbing Across All Groups While Future Forecast Lags: Current Up 5 Future Down 3 over last Year
• Highest Intent to Purchase Since Aug ’08 for Homes, April ’07 Computers, Oct ’07 Cars
Summary Trends Buying Plans Gas and Food
May 07, 2010 - (Consumer Confidence)
• Consumer Melancholy Little Changed; NY Sentiment Up 1.3 Points, Nation Down 1.4
• Democrats Expect Far Better Economic Future than do Republicans
• No Buying Surge Planned; Now 3 Years Since Retailer Good Times
Summary Trends Buying Plans Gas and Food
April 16, 2010 - (Consumer Confidence)
• Overall Confidence Inching Upward in Six of Nine Regions; Mid-Hudson, Utica Lag
• Future Outlook Brightens in NYC; All Others Remained Braced for Difficult Economic Times Ahead
• By 3 to 2, Buying Plans Up; Binghamton, Buffalo, Rochester, Syracuse Expect Spring Spending
Quarterly Trends Buying Plans Graph
April 07, 2010 - (Consumer Confidence)
• Weak Consumer Confidence Unchanged in NY and the Nation; State Trails U.S.
• Tough Current Economic Outlook Holding Steady for Most, Rep’s More Upbeat,
• Future Holds Little Promise across Board, Dem’s Most Optimistic, Upstaters Dismal
• Buying Plans Bounce Back for Furniture and Home Improvements; Homes Plummet
Summary Trends Buying Plans Gas and Food
March 03, 2010 - (Consumer Confidence)
• Confidence Drops; Weary Consumers Wary of Economy: Slow to Spend
• Majority of NY’ers Predict Bad Business Conditions for 2010 and Beyond
• Home Buying Looks to Rebound, Cars Down; Gas Prices Pinching Again
Summary Trends Buying Plans Gas and Food
February 03, 2010 - (Consumer Confidence)
• Confidence Continues to Climb but Job Worries and Cash Problems Persist
• Current Sentiment Highest in Two Years; NY’ers Say “Good Time to Buy, If You Can”
• NYC, Dem’s, Young and Women See Brightening Future; Upstaters Most Wary
Summary Trends Buying Plans Gas and Food
January 13, 2010 - (Consumer Confidence)
• Consumer Confidence in All Areas: Up from a Year Ago
• This Quarter: Utica Up, NYC and Rochester Fall, Albany, Mid-Hudson, Buffalo, Syracuse, Binghamton and Long Island Flat
• Computers – Up in Every Area - Lead Otherwise Soft Buying Plans
Quarterly Trends Buying Plans Graph
January 6, 2010 - (Consumer Confidence)
• NY Consumer Confidence Stagnates This Month as National Current Rate Rises
• Compared to Last Year: More Expect Better Year Personally, Fewer See Statewide Bad Times
• Computer Buying Plans on the Rise; All Buying Plans up from a Year Ago
Summary Trends Buying Plans Gas and Food
2009
December 4, 2009 - (Consumer Confidence)
• No Consumer Recovery Yet; Willingness to Spend, Today, Tomorrow Sags
• Strongest Weak Economy Downstate; Upstate Coping But No More Optimistic than Last Year
• Computer Buying Plans Hit Two-Year High
• Concern over Gas/Food Prices Increases as Winter Arrives
Summary Trends Buying Plans Gas and Food
October 07, 2009 - (Consumer Confidence)
• Confidence More Up than Down; NYC Future Outlook Tops
• Jobless Recovery with Little Spending Spreads across NY; Utica, Binghamton Slowest to Rebound
• At Least It’s not ’08; Index up 12% but Buying Plans Flat
Quarterly Trends Buying Plans Graph
September 29, 2009 - (Consumer Confidence)
• National Confidence Surges towards “Not Bad”; New York Lags Behind
• Downstate Sees Brightening Future, Upstate Remains Pessimistic
• Buying Plans Flat; Most Consumers Reluctant to Spend
• Concern over Gas/Food Prices Stable but High
Summary Trends Buying Plans Gas and Food
September 1, 2009 - (Consumer Confidence)
• State Consumer Confidence Climbs Upwards as Future Concerns Fade Away
• NY Index Tops National; Democrats, NYC Lead Optimism, Upstaters, Republicans Lag
• New Economic Normal Setting In: Confidence Up, Buying Plans Down
• Gasoline Worries Vaporizing; Down 30 Points from Summer ’08
Summary Trends Buying Plans Gas & Food Prices
July 31, 2009 - (Consumer Confidence)
• Overall NY Consumer Confidence Unchanged in July; Nation Down
• Democrats Top State Willingness to Spend, Republicans Least Optimistic
• Car Buying Plans Highest Since Oct ’07; Gas and Food Prices Still Draining Consumers
Summary Trends Buying Plans Gas & Food Prices
July 8, 2009 - (Consumer Confidence)
• Confidence Climbing in Nearly All Regions; NYC, LI to Albany Leading the Way
• Pessimism Persists in Western NY; Consumers Up from the Bottom But Remain Wary
• Plans to Buy Cars, Furniture and Home Improvements Increase in Most Areas
Quarterly Trends Buying Plans Graph
July 1, 2009 - (Consumer Confidence)
• Consumer Confidence Comeback Stalls; NY Drops and Trails Nation’s Numbers
• No Buying Rally Despite Ad’s and Bargains; Gas and Food Cost Impact Increasing
• Majority of NY’ers Still Say "I’m worse off today than a year ago"
Summary Trends Buying Plans Gas & Food Prices
June 2, 2009 - (Consumer Confidence)
• Consumer Sentiment Surges; Index Approaches Pre-Recession Numbers
• Overall Buying Plans Flat; Young, Upper Income, Men and Republicans Most Likely to Spend
• Gas Price Increases Have Immediate Effect; Upstate, Lower Income Hardest Hit
Summary Trends Buying Plans Gas & Food Prices
May 5, 2009 - (Consumer Confidence)
• Overall Consumer Confidence Up; NY Highest Since Feb ‘08
• Majority Still Say I’m Worse Off Today than Last Year and Brace for Tough Times
• Buying Plans Bounce Up for Homes, Down for Remodeling and Furniture
Summary Trends Buying Plans Gas & Food Prices
April 8, 2009 - (Consumer Confidence)
• Upstate, Downstate, Consumer Confidence Increases over 1st Quarter
• Willingness to Spend Greatest in NYC, Long Island, Lowest in Buffalo, Albany Nears Bottom
• Buying Plans Rise; But, No Shopping Spree in Sight
Quarterly Trends Buying Plans Graph
April 1, 2009 - (Consumer Confidence)
• Consumer Confidence Steadies: Up from the Fall, but Far From Robust
• Gas and Food Prices Continue to Hit Upstaters, Low Income and Women Hardest
• Spring Welcomes Mild Increase in Buying Plans for Home Improvements and Furniture
Summary Trends Buying Plans Gas & Food Prices
March 6, 2009 - (Consumer Confidence)
• Future Confidence: NY’ers Up, Nation Down
• Impact of Gas and Food Prices Hurting Current Outlook
• All Buying Plans Increase; Mild Consumer Stimulus Possible
Summary Trends Buying Plans Gas & Food Prices
February 4, 2009 - (Consumer Confidence)
• Confidence Creeps Upwards as Weary Consumers Adjust to New Economy
• Majority of NY’ers: Worse off than Last Year and Expect Bad Business Conditions Ahead
• Buyers Start to See Bargains, Slow to Spend
Summary Trends Buying Plans Gas & Food Prices
January 13, 2009 - (Consumer Confidence)
• Confidence Erodes as ’08 Ends; Consumers Brace for Difficult Year
• Majority in Every Region: “I’m worse off today than I was a year ago”
• Consumer Spending Unlikely to Pull Economy Out of Recession
Quarterly Trends Buying Plans
January 5, 2009 - (Consumer Confidence)
• Dismal Economic Year Ends with Consumer Confidence Up from Worse to Bad
• Buying Plans Remain Stagnant; Down 15 to 42% From Last New Year’s
• Cheap Gas Little Solace for Worried New Yorkers
Summary Trends Buying Plans Gas & Food Prices
2008
December 5, 2008 - (Consumer Confidence)
• NY Index Tops National; Hope for Better Tomorrow Drags Index from Depths
• Buying Plans Show Little Promise; Down 15% to 44% from Last Year
• Gas Financial Crisis Over, for now; Food Still Devouring Consumer Cash
Summary Trends Buying Plans Gas & Food Prices
November 7, 2008 - (Consumer Confidence)
• NY Index Falls to New Record Low; Current Willingness to Spend Dismal
• Consumers Grasp Gas Relief Lifeline
• Buying Plans All Fall; Computer Demand Lowest Ever; Homes, Furniture Lowest Since ‘01
Summary Trends Buying Plans Gas & Food Prices
October 10, 2008 - (Consumer Confidence)
• New York Confidence Lags behind Nation
• NY 10 to 20 Points Back on Every Index
• Gas Pains Ease; Food Prices Still Biting
• Buying Plans Low and Stagnant; Down 10% to 32% from Fall ‘07
Summary Trends Buying Plans Gas & Food Prices
October 1, 2008 - (Consumer Confidence)
• Current Outlook Down, Future Up; Overall Index Lifts Slightly
• All Areas Confidence Drops 20% to 33% from Year Ago
• Consumers Postpone Purchases in Record Numbers
Quarterly Trends Buying Plans Graph
September 3, 2008 - (Consumer Confidence)
• Willingness to Spend Rebounds: NY Index Approaches Nation’s
• Home Buying Plans Highest since September ‘07
• Future Outlook Brightens for Most; Upstate Lags
• Lower Gas Prices Ease Consumer Burden
July 30, 2008 - (Consumer Confidence)
• Statewide Consumer Confidence Up a Tick; NY Lags Behind Nation
• Auto Buying Plans at Record Low
• Overall Willingness to Spend Drops by 34% from Last Summer
July 10, 2008 - (Consumer Confidence)
• Another Record Low for Statewide Confidence
• All NY’ers Feeling the Pinch; Future Outlook Darkens
• 2/3’s Suffering from Gas and Food Price Epidemic
July 1, 2008 - (Consumer Confidence)
• Consumer Confidence Plummets to Record Low, Everywhere
• Willingness to Spend Down by 1/3 Since Spring ‘07
• Rebate Checks Provide No Bounce
June 3, 2008 - (Consumer Confidence)
• Seven Month Slide Ends; State Confidence Levels
• Dismal Future Outlook Upstate; But NY’ers Slightly more Optimistic than Nation
• No Buying Surge in Sight
May 8, 2008 - (Consumer Confidence)
• Another Record Low in Consumer Confidence for State
• Women, Upper Income and Republicans Lead the Fall
• Buying Plans Leveling but Down 15% to 35% from Last Year
April 11, 2008 - (Consumer Confidence)
• Confidence Low and Falling; NYS Slips Further Behind National Rate
• Spring Fails to Sprout Optimism; State Future Index Dismal, Upstate Slammed
• Home Buying Stabilizes, Renovation Plans Increase
April 2, 2008 - (Consumer Confidence)
• Confidence Collapse Covers State; All Areas down
• Upstate, Downstate – Index falls 20 to 30 Points Since 1st Quarter ‘07
• Buying Plans Leveling; Consumers Sensing Bottom
January 2008 - (Consumer Confidence)
• Statewide Index down 25 points from a year ago; Historic bottom
• Young People Hit Hard: Down 9+ points
• Buying Plans Down; Future Indicator Hits New Low
2007
November 2007 - (Consumer Confidence)
• Consumer Confidence Down Again; Lowest since Spring ‘03
• Low Income NY’ers’ Outlook Hits Bottom
• Auto Buying Drops; Home Purchasing Rebounds Slightly
October 2007 - (Consumer Confidence)
• Future Confidence Upstate Plummets: Ties Record Low
• Overall NYS Consumer Sentiment Lowest in Five Years
• Concern Grows Among Seniors, Higher Income Households
Third Quarter 2007 - (Consumer Confidence)
• Consumer Confidence in New York City Plummets
• Capital Region Alone Sees Silver Lining
• Binghamton and Utica Down Today and Tomorrow
September 2007 - (Consumer Confidence)
• Monthly Consumer Confidence: Upstate Up – Downstate Down
• Metro New York City Lowest in Four Years
• Slight Up Tick in Buying Plans
August 2007 - (Consumer Confidence)
• Consumer Confidence Plummets
• New York and the Nation both hit 2007 Lows
• Buying Plans for Major Purchases Lowest in Five Years
July 2007 - (Consumer Confidence)
• NYS Consumer Confidence down; Nation up
• Home buying plans hit yearly low
• All buying plans down
Second Quarter 2007 - (Consumer Confidence)
• NOTE: MID-HUDSON AND UTICA ADDED THIS QUARTER
• Consumer Confidence down across the board
• Buying plans mostly down
June 2007 - (Consumer Confidence)
• NYS Overall Consumer Confidence only 3 points below nation
• NYS Future Confidence almost 2 points above nation
• Upstate bounces back
May 2007 - (Consumer Confidence)
• NYS Consumer Confidence for May Drops 3rd Straight Month; Down almost 10 points since February
• Upstaters and young take biggest hit;
• Buying plans down
2006
August 2006 - (Consumer Confidence)
• NYS Consumer Confidence for August down 2.4 pts
• NYS is 21.6 pts below Nation’s current confidence, but NYS future confidence is above the Nation
• Republicans take big hit on future confidence
Second Quarter 2006 - (Consumer Confidence)
• Second Quarter Consumer Confidence in New York State:
• NYC Plummets; Albany Regains #1
• Only Binghamton and Syracuse Up
• Future Confidence Lower Than Current Confidence in All Cities
