Inside Long Island Business
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Food prices, 'cliff' dampen metro consumer confidence
Photo credit: iStock
Consumer confidence in the metropolitan area dipped this past month because of concern about grocery prices and possible tax increases in 2013, according to a poll released Thursday.
The decline coincided with the end of the holiday shopping season, which is make or break for many retailers.
The Siena College Research Institute Thursday reported that its confidence index for Long Island,...
