Inside Long Island Business
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Food price worry erodes metro consumer confidence
Photo credit: iStock
Consumer confidence in the metropolitan area fell in July on heightened fears about rising costs for food and gasoline.
The Siena College Research Institute reported Monday that its confidence index for Long Island, New York City and the northern suburbs was 77.6 points last month, down 0.2 from June.
Fifty-two percent of area residents said gasoline prices were either a "somewhat...
