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Hudson Index: New York City

Worker Confidence Falls to '06 Low

After hovering around 90.0 for five months, the Hudson Employment Index (SM) for New York dropped 6.5 points to 84.4, the lowest reading this year. Declining perceptions regarding personal finances and more concern regarding job security contributed to this drop. Despite the decline, the city’s latest reading is still higher than it was at this time last year when the local Index was 83.0. The composite Index, based on responses from approximately 9,000 workers nationwide, also fell in September, declining 2.4 points to 100.5

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