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CCIRelease0312 Final

CCIRelease0312 Final

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Published by: Jon Campbell on Apr 04, 2012
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1
SIENA RESEARCH INSTITUTE
SIENA COLLEGE
,
LOUDONVILLE
,
NY
.
s
i
e
.
e
s
Mo
t  
hly N 
w York S 
t  
t  
Co
um 
r Confid 
ce 
Ind 
x i
luding Ga 
and Food Analy 
 For Im
di
t  
W
e
dn
e
s
day
,
April 4
,
2012
 
For information
 / 
c
omm
e
nt: Dr
.
Don L
e
vy: 518-783-2901
,
e
s
i
e
.
e
du For PDF of r
e
l
e
a
s
e
,
data
s
ummary
,
or tr
e
nd analy
s
i
s
,
vi
s
.
s
i
e
.
e
s
N
e
w York Con
s
um
e
r Confid
e
n
ce
In
c
h
e
s
Upward
s
D
e
s
pit
e
Ga
s
& Food Worri
e
s
 
  
 
Ri
s
ing S
e
ntim
e
nt Tid
e
Not Lifting Buying Plan
s
; Spring Shopping a Fra
c
tion of Old Tim
e
s
 
Loudonvill
e
,
NY
- New York State consumer confidence increased 1.5 points in March, while the nati

increased 0.9 points, according to the latest poll by the Siena (College) Research Institute (SRI). At 76.3, New York 

overallconsumer confidence is 0.1 points above

confidence level of 76.2.
( ) r 
f  
ec 
ts 
 
poin 
 
hang 
 
f  
ro 
pr 
viou 
 
on 
.
 
*N
ional da 
pi
d by 
.
f  
Mi 
higan 
In March, buying plans were up for 
pu 
,
 
0.1 points to 16.0%, and
ajor ho 
prov 
ts 
2.7 points to 16.9%.Buying plans were down for 
ar 
 /  
ru 
ck 
, 3.2 points to 8.7%,
f  
urni 
ur 
,
 
1.0 points to 18.7%, and
ho 
, 0.3 to 3.4%.
D
e
s
pit
e
ri
s
ing ga
s
olin
e
pri
ce
s
and a
s
pik
e
in th
e
hard
s
hip tho
s
e
in
c
r
e
a
s
e
s
bring to family finan
ce
s
,
ov
e
rall
,
 
c
urr
e
nt and futur
e
 
c
onfid
e
n
ce
wa
s
up
s
lightly a
c
ro
ss
N
e
w York in Mar
c
h
,
a
cc
ording to Dr
.
Don L
e
vy
,
 SRI

Dir
ec
tor

For th
e
fir
s
t tim
e
in n
e
arly fiv
e
y
e
ar
s
,
 
c
onfid
e
n
ce
ha
s
now hov
e
r
e
d at
,
or ju
s
t abov
e
,
th
e
 magi
c
br
e
ak
e
v
e
n point at whi
c
h optimi
s
m
e
qual
s
,
and b
e
gin
s
to
e
x
cee
d
,
p
e
ss
imi
s
m
.
Not
e
v
e
ryon
e
i
s
a
s
 bulli
s
h a
s
th
e
ir n
e
ighbor
.
Ind
e
x numb
e
r
s
in N
e
w York City and among D
e
mo
c
rat
s
,
high
e
r in
c
om
e
,
th
e
 young and to
s
om
e
 
e
xt
e
nt
,
wom
e
n ar
e
 
s
ignifi
c
antly high
e
r than Up
s
tat
e
,
and among R
e
publi
c
an
s
,
low
e
rin
c
om
e
,
old
e
r and m
e
n
.
Whil
e
th
e
 
ec
onomy i
s
not y
e
t in full bloom
,
th
e
root
s
of r
ec
ov
e
ry
,
a
s
m
e
a
s
ur
e
d byN
e
w York
c
on
s
um
e
r
s
e
ntim
e
nt
,
ar
e
now
s
pr
e
ading and gaining
s
tr
e
ngth
.
W
e
will
s
ee
if
s
oon th
e
y b
e
ar th
e
 long await
e
d fruit of in
c
r
e
a
s
ing
c
on
s
um
e
r
s
p
e
nding
.
 
Each month since January 1999, the SRI survey establishes a Consumer Confidence index number for New York State consumers. This

gan

Consumer Sentiment index. The SRI survey measures
ur
and
f  
ur 
consumer confidence, which combined provides the
ov 
rall 
 consumer confidence. SRI further looks at confidence in New York State by region (metro New York City and Upstate), age, income,gender and party.
Con
s
um
e
r Confid
e
n
ce
in N
e
w York Stat
e
(ind
e
x numb
e
r
s
):Mar
c
h 2012(Group
s
li
s
t
e
d in
ce 
nding 
ord
e
r by
Ov 
rall 
CCI Rating)Ov
e
rall Curr
e
nt Futur
e
 
Democrats 84.0 (0.3) 78.4 (-1.9) 87.6 (1.7)Metro NYC 81.6 (4.7) 77.7 (6.1) 84.2 (3.9)Higher income 80.6 (-0.4) 82.2 (-1.2) 79.6 (0.0)Under Age 55 78.8 (3.4) 78.1 (5.7) 79.3 (1.9)Women 77.9 (6.5) 73.9 (5.7) 80.5 (7.0)
N
e
w York Stat
e
76
.
3 (1
.
5) 75
.
0 (1
.
5) 77
.
1 (1
.
4)
Men 74.8 (-4.2) 76.6 (-2.2) 73.7 (-5.4)Age 55+ 74.4 (-0.3) 72.8 (-1.9) 75.4 (0.7)Lower income 72.0 (2.4) 68.2 (5.6) 74.4 (0.2)Republicans 70.1 (2.1) 73.5 (4.1) 67.9 (0.7)Upstate NY 67.9 (-4.0) 71.3 (-5.6) 65.7 (-2.9)
 
Mar
c
h 2012Con
s
um
e
r Confid
e
n
ce
:
Th
e
 Nation*N
e
w YorkStat
e
 diff
.
 
 points
N
e
w YorkStat
e
 M
e
tro
 
NYCUp
s
tat
e
 NYOv
e
rall 76
.
2 (0
.
9) 76
.
3 (1
.
5) 0
.
1 76
.
3 (1
.
5) 81
.
6 (4
.
7) 67
.
9 (-4
.
0)Curr
e
nt 86
.
0 (3
.
0) 75
.
0 (1
.
5) -11
.
0 75
.
0 (1
.
5) 77
.
7 (6
.
1) 71
.
3 (-5
.
6)
 
Futur
e
69
.
8 (-0
.
5) 77
.
1 (1
.
4) 7
.
3 77
.
1 (1
.
4) 84
.
2 (3
.
9) 65
.
7 (-2
.
9)
 
2
Con
s
um
e
r Confid
e
n
ce
and Buying Plan
s
; Summary of La
s
t Fiv
e
Y
e
ar
s
 Con
s
um
e
r Confid
e
n
ce
Buying Plan
s
 Ov
e
rallInd
e
xCurr
e
ntInd
e
xFutur
e
 Ind
e
xCar
 / 
 Tru
c
k Comput
e
r Furnitur
e
Hom
e
 Major Hom
e
 Improv
e
m
e
ntMar 2007
84.3 90.6 80.3 13.5% 13.5% 25.8% 6.5% 23.7%
Mar 2008
56.8 61.8 53.5 10.1% 14.6% 15.9% 4.0% 17.8%
Mar 2009
59.7 58.8 60.3 9.5% 10.3% 17.8% 3.0% 17.5%
Mar 2010
65.5 67.5 64.2 9.9% 13.5% 21.0% 2.5% 18.0%
Mar 2011
67.6 68.2 67.2 9.7% 13.9% 18.3% 4.4% 16.1%
Mar 2012
76.3 75.0 77.1 8.7% 16.0% 18.7% 3.4% 16.9%
High
e
s
t
84.3(Mar 07)90.9(Jun 07)80.3(Mar 07)15.3%(Apr 07)16.8%(Apr 07)25.8%(Mar 07)6.5%(Mar 07)23.7%(Mar 07)
Low
e
s
t
51.6(Oct 08)49.7(Oct 08)49.9(Jun 08)7.0%(Aug 10)7.4%(Oct 08)10.3%(Nov 08)2.0%(July 10 &Aug 10)10.9%(Nov. 08)

with
c
on
s
um
e
r
s
.
N
e
arly two-third
s
,
up fromfifty-

la
s
t
s
umm
e
r
.
At th
e
 
s
am
e
tim
e
,
 
c
on
ce
rn ov
e
r th
e
 
c
o
s
t of gro
ce
ri
e
s
ha
s
ri
s
e
n and on
ce
again i
s
flirting with
s
e
v
e
ntyp
e
r
ce
nt
.
 Whil
e
ov
e
rall
c
on
s
um
e
r
c
onfid
e
n
ce
i
s
 
s
trong
e
r than at any tim
e
 
s
in
ce
th
e
 
s
tart of th
e
2007 r
ece
ss
ion
,
 
c
on
s
um
e
r
s
ar
e
 
s
low to
e
xhibit r
ec
ov
e
ry b
e
havior
.
Prior to th
e
r
ece
ss
ion not only wa
s
th
e
ind
e
x high
e
r but al
s
o plan
s
to pur
c
ha
s
e
 
c
ar
s
,
furnitur
e
,
hom
e
s
and hom
e
improv
e
m
e
nt
s
w
e
r
e
thirty-
e
ight to nin
e
ty-on
e
p
e
r
ce
nt gr
e
at
e
r than th
e
y ar
e
today
.
 S
e
ntim
e
nt ha
s
ri
s
e
n
,
and ha
s
 
s
om
e
 
s
taying pow
e
r
,
but
,
for now
,
 
c
on
s
um
e
r
s
r
e
m
e
mb
e
r th
e
f
e
ar
s
th
e
y f
e
lt during th
e
 d
e
pth
s
of th
e
r
ece
ss
ion mor
e
than th
e
y long for bright and
s
hiny n
e
w durabl
e
good
s
,

a
cc
ording to Dr
.
L
e
vy
.
 Ga
s
and Food Pri
ce
Analy
s
i
s
 
Sixty-four percent of all New Yorkers say that current gasoline prices are having a very serious or somewhat serious impacton their financial condition. Sixty-nine percent of state residents indicate that the amount of money they spend on groceriesis having either a very serious or somewhat serious impact on their finances. Fifty-four percent of state residents say that both gasoline and food prices are having either a somewhat or very serious impact on their finances.The following chart shows the percentage of New York State residents that report a hardship from 1) gasoline prices, 2) food prices, and 3) both gas and food prices from June 2008 through March 2012.
P
e
r
ce
ntag
e
of N
e
w York
e
r
s
Expr
e
ss
ing Ga
s
,
Food and Ga
s
and Food Hard
s
hip
,
2008 - 2012
Th
e
SRI
s
urv
e
y of Con
s
um
e
r Confid
e
n
ce
wa
s
 
c
ondu
c
t
e
d in Mar
c
h 2012 by random t
e
l
e
phon
e
 
c
all
s
to 801 N
e
w York Stat
e
r
e
s
id
e
nt
s
ov
e
r th
e
ag
e
of18
.
A
s
 
c
on
s
um
e
r
c
onfid
e
n
ce
i
s
 
e
xpr
e
ss
e
d a
s
an ind
e
x numb
e
r d
e
v
e
lop
e
d aft
e
r

apply
.
Buying plan
s
,
whi
c
h ar
e
 
s
hown a
s
a p
e
r
ce
ntag
e
ba
s
e
d on an
s
w
e
r
s
to
s
p
ec
ifi
c
qu
e
s
tion
s
,
do hav
e
a margin of
e
rror of + 3
.
5 point
s
.
For mor
e
 information or
c
omm
e
nt
s
,
pl
e
a
s
e
 
c
all

-783-2901
.
Surv
e
y
c
ro
ss
-tabulation
s
and buying plan
s
 
c
an b
e
found atwww
.
s
i
e
.
e
s
i
.
SRI i
s
an ind
e
p
e
nd
e
nt
,
non-parti
s
an r
e
s
e
ar
c
h in
s
titut
e
.
SRI
s
ub
s
c
rib
e
s
to th
e
Am
e
ri
c
an A
ss
o
c
iation of Publi
c
Opinion R
e
s
e
ar
c
h(AAPOR) Cod
e
of Prof
e
ss
ional Ethi
c
s
and Pra
c
ti
ce
s
.
 
 
30%40%50%60%70%80%90%Gas Food Gas & Food
 
3
45.055.065.075.085.095.0105.0115.0
Index of Consumer Sentiment, U.S. and New York, 1999-Present
United States New York
U.S. New York 

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