LOUDONVILLE, N.Y. — Consumer sentiment in upstate New York fell 8.2 points to 68.3 in July, according to the latest survey the Siena (College) Research Institute (SRI) released Wednesday.
Upstate’s overall-sentiment index of 68.3 is a combination of the current sentiment and future-sentiment components. The region’s current-sentiment index of 77.3 decreased 6.4 points from June, while the future-sentiment level fell 9.3 to 62.5, SRI said in a news release.
Upstate’s overall sentiment was 5.2 points below the statewide consumer-sentiment level of 73.5, which fell 5.3 points from June, SRI said.
New York state’s consumer-sentiment index was 8.3 points lower than the July figure of 81.8 for the entire nation, which slipped 0.7 points from June, as measured by the University of Michigan’s consumer-sentiment index.
For much more on consumer sentiment in Upstate and across the state, see the story in the Aug. 8 issue of The Central New York Business Journal.
Contact Reinhardt at ereinhardt@cnybj.com