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Consumer Sentiment

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Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals
Inflation Plus War Equals Uncertainty For New York Consumers, New Poll Reveals There is growing uncertainty among New Yorkers as the Ukraine conflict rages on and inflation continues to rise, according to a newly released Siena College poll. Pollsters said that the New York State Index of Consumer Sentiment has dipped to 68 percent, down more than five points from the last poll in the fourth quarter of 2021. The poll found that the sentiment for the first quarter of 2022 found that metro New York had a more optimistic outlook, with more than 73 percent expressing a positive sentiment versus upstate New York, which fell under 61 percent. Officials noted that New York…

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by Zak Failla
Business
Trader Joe’s Ranked No. 1 In Grocery Retailer Index Trader Joe’s Ranked No. 1 In Grocery Retailer Index
Trader Joe’s Ranked No. 1 In Grocery Retailer Index In the world of grocery and retail trends, Trader Joe’s has ranked first in customer data science company Dunnhumby’s second annual Retailer Preference Index (RPI). The RPI examined the 56 largest retail chains in the U.S. grocery market, worth $700 billion, to determine which chains have the best financial performance and “consumer emotional sentiment.” Trader Joe’s made the number one spot for the second consecutive year. Other chains that topped the list include Costco Wholesale, Amazon, H-E-B and Wegmans Food Markets.  Honorable mentions include Market Basket (No. 6), Sam’s Club (N…

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by Valerie Musson