Consumer sentiment in upstate New York inched up 0.4 points to 69.2 in April, according to the latest monthly survey the Siena (College) Research Institute (SRI) released today.
Upstate’s overall-sentiment index of 69.2 is a combination of the current sentiment and future-sentiment components. Upstate’s current-sentiment index of 77.3 climbed 4.2 points from March, while the future-sentiment level decreased 1.9 points to 64, according to the SRI data.
Upstate’s overall sentiment was 5.2 points below the statewide consumer-sentiment level of 74.4, which edged up 0.5 points from March, SRI said.
New York’s consumer-sentiment index was 9.7 points lower than the April figure of 84.1 for the entire nation, which climbed 4.1 points from March, as measured by the University of Michigan’s consumer-sentiment index.
For more on the SRI survey, see the story in the May 9 issue of The Central New York Business Journal.
Contact Reinhardt at ereinhardt@cnybj.com