News

Issues and events that shape Long Island's economic and legislative landscape.

Tuesday, September 30, 2014

Statement from LIA Chief Economist on Consumer Confidence and Home Prices

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Statement from LIA Chief Economist on Consumer Confidence and Home Prices

" Consumer confidence about present and future economic conditions both improved in January, while year-over-year home prices rose in November at their fastest rate in more than seven years.  This is good news going forward for consumer spending and the real estate market on Long Island and across the nation," said John A. Rizzo, LIA Chief Economist.