Economic Report

Consumer Confidence rose nationally in July, but fell in New York - Numbers from a new Siena College Research institute poll show July was a disappointing month for consumer confidence with weak retail sales while economists forecast slow growth. 

Forty-nine percent of state residents say that both gasoline and food prices are having either a somewhat or very serious impact on their finances.

Here is the poll in PDF format.

A new  four-year economic forecast released by the New England Economic Partnership is predicting sluggish economic growth throughout New England.

The New England Economic Partnership is predicting that Massachusetts, New Hampshire and Vermont will have the strongest economies among the six New England states, but most in the region will not return to pre-recession employment levels until 2015.  Vermont Economy Newsletter Publisher and Economist Dick Heaps says the forecast is no surprise.