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Wednesday, nov 27
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Consumer Goods
Politics
Brand-New Poll Reveals Shift In NYers' Consumer Sentiment
New Yorkers are feeling more optimistic about the economy, according to a new Siena College poll released Wednesday, Sept. 14. The New York State Index of Consumer Sentiment was up 9.1 points to 70.8 in the third quarter of 2022, the poll found. That’s 12.6 points above the nation’s Index of 58.2. The current index rose nearly 12 points from the previous quarter to 64.1 and the future index increased nearly eight points from 67.6 to 75.2, researchers found. Future confidence in the state is 17.2 points higher than the nation’s 58.0. “New Yorkers’ collective sentiment continues to o…
Lifestyle
New Poll Reveals Percentages Of NYers Squeezed by Gas Prices, Hit By Food Costs
If you’ve been feeling the pinch at the gas pump or grocery store lately, you’re not alone, according to a new poll from the Siena College Research Institute (SCRI). Pollsters found that 69 percent of New Yorkers said that current gasoline prices are having a very serious or somewhat serious impact on their financial condition. That’s up from 66 percent last quarter. And even more New Yorkers reported feeling burdened by the cost of groceries, with 80 percent of respondents saying that the amount of money they spend on food is having either a very serious or somewhat serious impact …
News
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase
The “cocoa cartel” may be coming to cause the cost of chocolate to spike nationwide, according to reports. A new report from the Wall Street Journal found that two countries that control 60 percent of the worldwide cocoa supply - dubbed the “cocoa cartel” - may soon drive up the cost of chocolate products around the globe. The report states that the Ivory Coast and Ghana are teaming to charge hundreds of dollars more per metric ton of cocoa, which will be put in place later this year. The “cocoa cartel” is expected to charge approximately $400 extra per metric ton, a 16 percent increase. I…