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Long Island consumer confidence up

Macy's shoppers during the holiday season

Macy's shoppers during the holiday season Photo Credit: Getty Images

The latest Quarterly Consumer Confidence survey released this week by the Siena (College) Research Institute came up yesterday in Newsday in a story about spending during the holiday shopping season.

The institute found that overall consumer confidence increased during the fourth quarter of 2010 in eight of the nine New York State Metropolitan statistical areas in New York State (those are “core urbanized areas of 50,000 or more people plus adjacent counties with strong social or economic ties, as measured by commuting patterns”).

New York City topped the list, up 2.4 points to 70.4, while Long Island ranked fourth, up 1.6 points to 67.7.  Overall and current confidence dropped only in Albany, where future confidence was unchanged.  Here are the gainers, with the number of points they’re up, their index and where they rank.

Overall confidence is up:

9.0  points in Syracuse to 69.3 (#2)

5.8  points in Rochester to 68.3 (#3)

4.5  points in Utica to 60.8 (#8)

4.3  points in Buffalo to 63.4 (#5)

2.4  points in NYC to 70.4 (#1)

2.4  points in Mid Hudson to 61.5 (#7)

1.6  points in Long Island to 67.7 (#4)

1.3  points in Binghamton to 58.4 (#9)

 

Current confidence is up:

7.9  points in Syracuse to 77.3 (#1)

6.4  points in Buffalo to 73.9 (#3)

5.7  points in Rochester to 76.2 (#2)

3.8  points in Mid Hudson to 65.6 (#9)

3.7  points in Utica to 69.7 (#5)

1.5  points in Long Island to 70.1 (#4)

1.2  points in NYC to 66.0 (#8)

0.4  points in Binghamton to 66.7 (#7)

 

Future confidence is up:

9.7  points in Syracuse to 64.2 (#3)

5.9  points in Rochester to 63.3 (#4)

4.9  points in Utica to 55.0 (#8)

3.1  points in NYC to 73.2 (#1)

2.9  points in Buffalo to 56.7 (#7)

2.0  points in Binghamton to 53.1 (#9)

1.7  points in Long Island to 66.2 (#2)

1.5 points in Mid Hudson to 58.9 (#5)

 

Here's is another way of looking at the overall raw numbers for everyone:

 

4th Quarter Index 2009

4th Quarter Index 2010

%Increase from Previous Year

Albany

63.4

62.5

-1%

Binghamton

55.1

58.4

6%

Buffalo

59.3

63.4

7%

Long Island

66.8

67.7

1%

Mid Hudson

61.8

61.5

0%

NYC

69.8

70.4

1%

Rochester

59.0

68.3

16%

Syracuse

61.7

69.3

12%

Utica

62.1

60.8

-2%

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