© 2024 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Donate Today Banner

Many consumers are planning to spend more in 2019

File photo: Chris Caya WBFO News

Many New Yorkers continue to feel optimistic.

The latest figures from the Siena College Research Institute show the state's Index of Consumer Sentiment was up slightly in the fourth quarter, of last year, to 93.9. SCRI Director, Don Levy says, consumer sentiment remains very strong across all of New York state.

"It goes to show a little bit that the daily drum beat of the stock market volatility, although it effects anyone who has a 401K, it may not effect how they feel on a daily basis. So we continue to see far more optimism than pessimism," Levy said.

In fact, he says, two-thirds of consumers state wide say "this is a good time to buy big ticket items." He says, nearly one in four plan to buy a car or truck in the next six months - and half will buy electronics.