Inside Long Island Business
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Rising food prices push metro shopper confidence down
Photo credit: iStock
Consumer confidence in the metropolitan region fell this past month on worries about rising food prices.
The Siena College Research Institute Wednesday reported its confidence index for Long Island, New York City and its northern suburbs was 77.9 points in January, a drop of 3.4 from December 2012.
The index hit a five-year high late last year despite the devastation from superstorm...