Thursday, October 23, 2014

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Cortland/Ithaca

Consumer confidence up for the fourth quarter

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CNY/NNY/S. Tier: Consumer confidence up for the fourth quarter
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NEW YORK -- Consumer confidence numbers flirt with the optimistic threshold across the state. A new Siena poll finds confidence is up between 10 and 28 percent across all areas.

Pollsters say consumers have pent up demand. That means we could see a lot more spending on cars, computers, and furniture this spring.

Siena also found sentiment could suffer from a debt ceiling debacle, but right now it looks like consumers will add a boost to the economy.

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