Diana Carter of the Democrat and Chronicle writes: A Siena College survey showed consumer confidence here is the highest in the state, and a financial news website labeled Rochester as one of 10 cities "poised for greatness in 2012."

TheStreet.com, a widely followed site, mentioned the region's job growth and stable real estate market.

 

"Sure, there are cold winters, lake-effect snow and a sky that turns gray in October and usually stays that way until April," wrote Jason Notte, a Boston-based writer. "But the city that's been shrinking since the 1960s feels downright cozy in the treat-stocked aisles of a Wegmans supermarket, over a cheeseburger-and-mac-salad garbage plate at Nick Tahou's or with a Genny Cream Ale and a rack of ribs at Dinosaur Barbecue.

 

"It's shockingly stable, and that's about the best any city can ask for in 2012."

 

Other cities on the list, all more populous than Rochester, include Chicago, Houston, Tampa, San Jose, Charlotte, Indianapolis, Austin, New Orleans and one international giant, London, which hosts the Summer Olympics this year.

 

In the Siena Research Institute survey, Rochester led the state in overall consumer confidence with an index reading of 70.7, the highest for this metropolitan area since the financial crisis in late 2008. The Flower City also topped the charts for current and future confidence.

 

The poll measures consumer intentions to spend, particularly on large-ticket items such as homes, cars, appliances and furniture.

 

“Rochester, despite Kodak’s out-of-focus picture, is more confident than any other area of the state, and along with Buffalo and Albany, the only areas in which confidence is greater today than it was this time last year,” according to Don Levy, SRI’s director.

 

Despite numbers being on the rise generally, nowhere are consumers “truly upbeat,” Levy noted. “More accurately, the new year opens on a less pessimistic note.”

 

The news follows the Rochester Business Alliance’s release on Monday of a business confidence poll showing a more upbeat — or at least cautiously optimistic — feeling about the year ahead

_____________________________________________________________________________________________________

Search homes and real estate for sales in Rochester NY

 

3 Comments on Rochester NY ranks as one of 10 cities "poised for greatness in 2012."

JAN
10
2012
334,330 Points Outside Blog

Greatness in 2012 is music to my ears!  Thanks for sharing!

10:15pm • #1
876,116 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Glad to hear such great things for Rochester and the state of New York.  Best you you in 2012.

10:23pm • #2
JAN
11
2012

Stable is the Keyword. Rochester NY and Monroe County never saw the major appreciation other areas of the country did during the real estate boom. Houses for sale in Rochester NY during that time did increase but only by modest amounts, and although Rochester NY has been effected by the national market trends, the Rochester NY real estate market has been relatively stable.

6:06pm • #3


Captcha

Drag the pencil to the circle on the side.

Image?id=71fd044b6d7e257bc5ad8c878079c966806eb4b5 Image?id=695a3864dff0a0069ec0fbb81444a544c7e2958e Image?id=14c474fda5d4170b545b75c13341ae5d579c8284 Image?id=7a23e8c122fd53e61b89e440bc5e5d4e71d6095d Image?id=eb85a26efbbcbd11db335f61d7981f443eb28cc4

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:

Leave a response…


(optional)
Captcha

Drag the tag to the circle on the side.

Image?id=c0eab244548453cd0a911b14a38be8ce2b6e7688 Image?id=e5d7f6b963793cfc79e437b994b414c16de01a36 Image?id=e2775131a0f81ac49b97f2a5aa2b9dc96c9923ec Image?id=f798bfb7c40e8a73eecb3d27d92041d59cddcfda Image?id=910a7c15bdaa218054b4e27cd4e597fb2d59852e

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase: