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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Survey: LI business confidence slips

The Long Island economy seems more stormy in

Photo credit: Newsday , 2004 / Ken Spencer

Long Island businesses say they are less confident about the local economy than they were a year ago, according to a survey released Thursday.

Asked to rate their confidence in the Long Island economy on a scale of one to 10, the average was 4.9 compared to 5.1 a year earlier. Despite the overall confidence level, businesses were more optimistic in several key areas.

“Most of the statistics...

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