Consumer confidence is a monthly gauge of New Yorkers’ buying intentions and attitudes.
With gas and food prices climbing, New Yorkers are increasingly pessimistic about the state of the economy and their pocketbooks.
Overall consumer confidence in New York in April was 64.9 — nearly 3 points less than it was a month ago and about 5 points lower than the nation, according to Siena College
According to Siena, mounting gas prices and food costs were a big driver of the dour sentiments, with nearly 75% of state residents saying those increased expenses are posing a hardship on their monthly budgets.
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