Business & Tech
NYers Growing More Pessimistic Over Economy, Study Finds
"New Yorkers say they are worse off financially than they were a year ago," a pollster said.
NEW YORK CITY — New York City dwellers are a little less sunny about the economy as fall gets into swing, a new poll found.
Economic pessimism across New York state rose in the past three months, according to the Siena College poll released Monday.
Consumer sentiment, a measure of optimism about the economy, stood at 66.7 across the state, a drop of 3 points, the poll found.
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"Today pluralities of New Yorkers say they are worse off financially than they were a year ago, that they expect bad rather than good business conditions over the next year and that this isn’t a good time to make a major purchase," said Don Levy, the director of the Siena College Research Institute, in a statement.
New York City's consumer sentiment measurement of 72 was a bit higher than the state's level, according to the poll.
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But data shows it fell farther than the state average.
In June, New York City's consumer sentiment stood at 76.6, the data shows.
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