NY Consumers More Confident Than Rest of U.S.

A study by Siena College released on Friday shows that New Yorkers’ consumer confidence has risen almost 3% in February compared to the national confidence level which dropped 5%. New Yorkers are also more optimistic about the future as their confidence level rose 7% while the national future confidence level dropped 7%. The current rate for New Yorkers is about 58% and rising while the rest of te country is at 66% and falling. A Siena pollster seems to think that New Yorkers have a more stable economy and were helped more by the federal stimulus package.

In other news, Walmart is nosing around Manahttan looking for space to “drive down standards and wages” for New Yorkers. This may fly in Brooklyn, but not here. There goes my confidence level.